Newark Homes Sold: 15 Transactions Recorded from Nov. 17-23
URGENT UPDATE: A total of 15 homes were sold in the Newark area between November 17 and November 23, showcasing a dynamic real estate market. The median sale price during this period was for a 2,066-square-foot residence located on Kossuth Street, which sold for $585,000.
Among the notable transactions, a property at 39-41 Fabyan Place hit the market with a staggering price of $3,700,000, making it the highest sale reported this week. This reflects the ongoing demand for homes in the Newark area, despite fluctuating market conditions.
Here’s a summary of the key transactions from the past week:
– **111 Mulberry Street**: Sold for $185,000
– **300 Chadwick Ave**: Sold for $450,000, covering 5,060 square feet at $89 per square foot
– **99-101 Mountainview Place**: Sold for $470,000, with 1,298 square feet at $362 per square foot
– **40 Weequahic Ave**: Sold for $495,000, featuring 1,920 square feet at $258 per square foot
– **104 Pine Grove Terrace**: Sold for $502,500, with a compact size of 1,012 square feet at $497 per square foot
– **168 Tuxedo Parkway**: Sold for $570,000, spanning 2,728 square feet at $209 per square foot
– **9 Mapes Terrace**: Sold for $625,000, covering 3,850 square feet at $162 per square foot
– **695 Clifton Ave**: Sold for $650,000, featuring 2,958 square feet at $220 per square foot
– **48 Cypress Street**: Sold for $860,000, covering 5,150 square feet at $167 per square foot
– **238 Renner Ave**: Sold for $958,000, spanning 4,297 square feet at $223 per square foot
– **38 Norfolk Street**: Sold for $975,000, featuring a spacious 6,834 square feet at $143 per square foot
The reported transactions indicate a robust interest in the Newark housing market, with prices reflecting a competitive landscape. As homebuyers continue to navigate these options, prospective sellers may find this an opportune time to list their properties.
Stay tuned for more updates on the Newark real estate market as we monitor trends and sales in the upcoming weeks. For additional listings, check our coverage of homes sold in surrounding areas, including Bloomfield, Washington Township, and Piscataway.
This story reflects the latest data and trends from verified real estate sources, indicating the ongoing vibrancy of Newark’s housing market.
