Newark City, NJ 07103,295 S 7Th St
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Newark City, NJ 07103,295 S 7Th St
Newark City, NJ 07103,295 S 7Th St
Newark City, NJ 07103,295 S 7Th St
Newark City, NJ 07103,295 S 7Th St
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2026
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$ 795,000
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295 S 7Th St Newark City, NJ 07103

12 Beds

5 Baths

4,791 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4001324

Style Fourplex, See Remarks

Bedrooms 12

Full Baths 5

Annual Tax Amount $10,880

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

This gem is the perfect addition to your investment portfolio with this rare multi-family property featuring two separate structures on one expansive lot. The front building offers a three-family layout, while the rear structure houses an additional two-unit structure, providing a total of five units. Four units are currently occupied with stable tenants, generating immediate income. One unit requires rehab, offering value-add potential for increased future returns. Equipped with seperate utilities and a large fenced in yard. Perfect for a seasoned investor or buyer searching for their first multi-family acquisition. This property delivers strong cash flow, upside potential, and long-term stability. Close to mass transportation making a commute into Downtown Newark and into NYC a breeze. Minutes to Rutgers Hospital, Rutgers Newark and NJIT.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Electric, Gas-Natural

Cooling Window A/C(s)

Heat Source Electric, Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Lot Description Corner

Sewer Public Sewer

Water Public Water

Architectural Style Fourplex, See Remarks

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by MONARCH REALTY & ASSOCIATES
Patric Santo Pietro

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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295 S 7Th St