Context map of 59 MAIN ST, NEWARK, NJ, 07105 with nearby amenities

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59 MAIN ST, NEWARK, NJ, 07105

City of Newark, NJ, 07105

At a Glance

A-92/100
📍Location Check

Some amenities nearby, but not everything

A few essentials within reach, though some errands will require more of a drive.

🏠 Location checks out — nothing that would scare a buyer off, but nothing that jumps out as a premium either.

💰Price Check

Looks low for the area

Priced about 14% below 15 recent comparable sales nearby.

🏠 The data shows this below recent comparable sales. If the condition is solid, there may be room to price more aggressively.

📊Market Demand

Limited market demand data

We couldn't pull enough market activity data for a confident read on demand.

🏠 Homes are sitting longer than usual here — 89.57 days average. Pricing accuracy and presentation matter even more in this market.

🌿Environmental Risk

No major environmental concerns identified

Minimal flood risk, no Superfund or toxic release sites flagged in this area.

🏠 No major environmental red flags — that's one less thing to worry about. Always good to see a clean environmental picture.

🏠Property Fit

Mostly in line with nearby homes

older build (1972) — major systems may need attention.

🏠 Anything built before 1980, I'm looking at the roof, HVAC, plumbing, and electrical first. Those are the big-ticket surprises that can shift the value $20K or more.

What to Verify Next

  • Review recent nearby closed sales to confirm the value gap
  • Have HVAC, plumbing, electrical, and roof inspected
  • Confirm permit history with the county
  • Ask about prior water intrusion or foundation issues

Price Check

$528,000

Looks low for the area

Based on 8 recent comparable sales nearby

LowEstimatedHigh
$497,000$560,000

What Stands Out

Watch List

Confidence Signals

$53,500

Last Sale Price

3,114

Sq Ft

1972

Year Built

Property Snapshot

Property TypeSingle Family
Square Footage3,114 sq ft
Price Per Sq Ft$17
Lot Size2,500 sq ft
Year Built1972
Last Sale Price$53,500
Last Sale DateJuly 30, 1993

Market Context

Median Home Value (ZIP)$430,000
Median Household Income$51,927
Income vs National0.7x national average
Estimated Monthly Mortgage$2,174/mo (est. 6.5%, 20% down)
Owner-Occupied17%
Renter-Occupied83%
Vacancy Rate5%

Risk & Safety

B+
FEMA Flood ZoneZone X — Minimal flood risk
Radon RiskZone 2 — Moderate risk, testing advisable

Schools & Education

Assigned School DistrictNewark City School District

School assignment may vary — confirm with the district directly

Nearby Public Schools

The Gray Charter School1.2 mi
Discovery Charter School1.5 mi
Newark Educators Community Charter School1.5 mi
Great Oaks Legacy Charter School1.5 mi
North Star Academy Charter School1.6 mi

Nearby Private Schools

MARWAH ACADEMY1.4 mi
ALIF MUHAMMAD NIA SCHOOL1.5 mi
ST BENEDICT'S PREP1.8 mi
PERPETUAL HELP DAY NURSERY2.3 mi
ELYON LEARNING CENTER ACADEMY2.3 mi

Nearby Colleges & Universities

Rutgers University - Newark Campus1.7 mi
Essex County College1.9 mi
New Jersey Institute of Technology1.9 mi
New Jersey City University3.3 mi
Saint Peter's University4 mi

Location Check

C+
Nearby AmenitiesData temporarily unavailable — re-run report for full results

Environmental Risk

A+
Air Quality (AQI)AQI 39 — Good
Superfund Sites in ZIPNone — Clean
Toxic Release FacilitiesNone — Clean
Elevation15 ft above sea level
Solar Potential4.0 kWh/m²/day avg

Neighborhood

MunicipalityCity of Newark
Population (ZIP)56,696
Median Age34.9 years
CountyEssex County

Market Snapshot — ZIP 07105

Recent market data for this ZIP code

$550,000

Median Sale Price (ZIP)

$2,250/mo

Median Rent

89.57 days

Avg Days on Market

77

Active Listings

Property DetailsTax, construction, utilities & more

Property Age54 years
Stories2
Tax Assessed Value$201,400
Tax — Land Value$66,500
Tax — Improvements$134,900
Annual Tax Amount$8,053
Effective Tax Rate4.00%
Elevation15 ft
Solar Potential (GHI)4.0 kWh/m²/day
CountyEssex County
MunicipalityCity of Newark

Recent Comparable Sales (15)

Median $/SqFt: $195
Avg $/SqFt: $179

Based on 15 recent comparable sales with verified price and size data.

76 KOSSUTH ST, NEWARK, NJ 07105

3,149 sqft · Built 1897

$615,000

$195/sqftSold Aug 2025

644 FERRY ST, NEWARK, NJ 07105

3,725 sqft · Built 1902

$650,000

$174/sqftSold Aug 2025

35 GOTTHARDT ST, NEWARK, NJ 07105

2,940 sqft · Built 1910

$250,000

$85/sqftSold Aug 2025

76 VINCENT ST, NEWARK, NJ 07105

3,689 sqft · Built 1902

$918,000

$249/sqftSold Aug 2025

31 SCHALK ST, NEWARK, NJ 07105

3,120 sqft · Built 1887

$110,000

$35/sqftSold Jul 2025

146 ADAMS ST, NEWARK, NJ 07105

3,542 sqft · Built 1900

$700,000

$198/sqftSold Jul 2025

294 OLIVER ST, NEWARK, NJ 07105

2,559 sqft · Built 1907

$705,000

$275/sqftSold Jul 2025

78 NAPOLEON ST, NEWARK, NJ 07105

3,462 sqft · Built 1904

$730,000

$211/sqftSold Jul 2025

132 CLIFFORD ST, NEWARK, NJ 07105

2,832 sqft · Built 1897

$600,000

$212/sqftSold Jul 2025

290 WALNUT ST, NEWARK, NJ 07105

2,648 sqft · Built 1900

$699,000

$264/sqftSold Jun 2025

208 DELANCY ST, NEWARK, NJ 07105

2,560 sqft · Built 1990

$220,000

$86/sqftSold May 2025

168 VAN BUREN ST, NEWARK, NJ 07105

3,693 sqft · Built 1887

$300,000

$81/sqftSold May 2025

92-94 NIAGARA ST, NEWARK, NJ 07105

2,742 sqft · Built 1910

$420,000

$153/sqftSold Apr 2025

77 FILLMORE ST, NEWARK, NJ 07105

2,751 sqft · Built 1997

$992,010

$361/sqftSold Apr 2025

33 FILLMORE ST, NEWARK, NJ 07105

2,516 sqft · Built 1992

$272,000

$108/sqftSold Apr 2025

Sale History

February 25, 1998

DE

$100,000

Construction & Features

Construction: Frame
Garage: No
Pool: No
Stories: 2

Tax & Assessment

$201,400

County Market Value (2024)

$201,400

Assessed Value (2025)

$7,508.19/yr

Annual Property Tax (2025)

Building: $134,900 · Land: $66,500

Ownership & Liens

Owner: ANTONIO PAVA; ANA PAVA
Owned since: February 1998
Est. equity: $590,086
🏆

What Stands Out

This property at 59 MAIN ST, NEWARK, NJ, 07105 received an overall grade of A-.

💪 Working in Your Favor

  • Minimal flood risk (Zone X)
  • No Superfund or toxic release sites in this ZIP
  • Newark City School District
  • Located in City of Newark

👁️ Worth Checking

  • Older property (1972) — consider inspection for aging systems
  • Radon Zone 2 — moderate risk, testing advisable

Agent's Comments

From the mind of a top producing real estate agent

This is just a range of potential value — $497K to $560K. We had 8 strong comparable sales to work with, so I feel good about this range. If the property needs a lot of work, it would sit at the lower end — and we can position it for a cash investor. If it has all the upgrades — new kitchen, updated baths, hardwood floors, a screened-in porch, pool, or other features we can't see in this report — it could push the value well above this range. That's what a walk-through tells us that the data can't. With a 1972 build (54 years old), I'd also want to know the condition of the roof, HVAC, plumbing, and electrical before putting a firm number on it. Those are the big-ticket surprises.

This commentary is generated from public data and comparable sales — not a formal appraisal. A walk-through and local agent analysis are always recommended.

Your Market Snapshot

Based on 15 recent comparable sales nearby, the estimated market value comes in around $528,000. Comparable homes in the area are trading at a median of $195 per square foot.

Looking at the broader market, Homes in ZIP 07105 are sitting on the market longer than usual, averaging 90 days, and the median sale price sits at $550K.

Worth noting: moderate radon risk and older home — inspect systems. On the positive side, minimal flood risk.

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Real Home Intel AI may make mistakes. Verify important information independently.

This is not an appraisal. Data sourced from public records and verified APIs.

Grades reflect environmental data, infrastructure, and public services. They do not reflect or consider the demographic composition of any area.

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Data sourced from U.S. Census Bureau, FEMA, EPA AirNow, EPA Envirofacts, NCES, USGS, NREL, HUD, FCC, NOAA, EIA, Walk Score, RentCast, OpenStreetMap, Census Geocoder, Realie.Report generated 4/16/2026.

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