188 Fabyan, Newark, NJ 07112
Listing Courtesy of Premiumone Realty
$499000
Potential Rebate: $7,485
Overview
Well-kept two-family home, each spacious unit features 3 bedrooms and 1 full bath with hardwood floors throughout and central heat. Separate utilities for both units offer efficiency and ease of management. Property includes a private driveway, 2-car garage, a nice-sized grass-filled backyard, and ample storage space in the rear. Both units are vacant and move-in ready perfect opportunity for a savvy owner-occupant to live in one unit while generating rental income from the other, or for an investor seeking a solid income-producing property. Conveniently located near transportation, shopping, and local amenities.
Estimated Monthly Payment
$2,917 per month
30 year fixed, 6.28% Interest
Estimated Rebate for this Home
One-time rebate at closing
$7,485
Monthly savings impact
$21/mo
Effective Purchase Price
$491,515
(Home Price - Estimated Rebate)
💡 Estimated rebate from our commission
The rebate is paid to you at closing and can help offset closing costs or other expenses.
Calculator Disclaimer: Commission structures vary by property, developer, and transaction. Resale properties typically offer around 3% buyer-side commission, and new developments around 5%, but this is not guaranteed. New developments are often open to negotiation, and each property and transaction is unique. Rebate amounts shown are estimates only. Please confirm commission terms and rebate eligibility with Regis Roumila for the specific property you are interested in. This information is not provided by the Real Estate Board of New York (REBNY).
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RLS Data display by Real Estate Rebate Team LLC. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Premiumone Realty
Data Source: NJMLS #25043784
Why Buy With Us
Rebates Up To
2.5%
25+ Years
Experience
REBNY & NAR
Member
Verified
Listings
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RLS Data display by Real Estate Rebate Team LLC. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Source: New Jersey Multiple Listing Service, Inc.
"© 2025 New Jersey Multiple Listing Service, Inc. All rights reserved".
The Real Estate Rebate Team
Listing Courtesy of Premiumone Realty
Data Source: NJMLS #25043784
Price Analysis
Compare average listing prices and value metrics for 188 Fabyan, Newark, NJ 07112 against the surrounding Newark City market.
Average List Price
Price Per SqFt
Insufficient size data available to calculate Price Per SqFt comparisons for this specific selection.
18.47% Lower
than the Newark City price average
Units in this this home are listed below the neighborhood average, potentially offering better value per square foot compared to surrounding properties.
