$499,900

318 S 7Th St, Newark City, NJ 07103

  • 6 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1903
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 16 days ago

Property Description

Endless Potential in This 3-Family Opportunity! Bring your vision and unlock the potential of this classic 3-family home, perfect for investors or owner-occupants seeking rental income. Each of the three floors features a spacious layout with 2 bedrooms and 1 full bath, offering flexibility and strong rental appeal. This is a true fixer-upper?ready for updates and renovations to bring out its full value. Whether you plan to rehab and flip, rent all three units, or live in one while renovating the others, the possibilities are wide open.Located in a convenient location near Newark's downtown. The property has a solid footprint with room for improvement. With the right updates, it can become a fantastic income-producing asset. Sold as-is. Cash or renovation financing likely required. Furnance and water heater from 2019. Separate meters for gas and electric.

Listing Status:
Active
Date Added:
May 17, 2025 at 12:00AM
Listing Office:
KELLER WILLIAMS REALTY : 908-233-8502
MLS ID:
3961728
  • General: Carbon Monoxide DetectorCarpetingSmoke DetectorWalk-In ClosetWood Floors
  • Basement: FullUnfinished
  • A/C: Window A/C(s)
  • Heating: 1 UnitBaseboard - HotwaterGas-Natural

This listing courtesy of KELLER WILLIAMS REALTY

Location

Schools Nearby

F

Fourteenth Avenue Elementary School

186 14th Ave, Newark, NJ, 07103

Grades KG-4

0.09 miles away

C

Camden Street Elementary School

281 Camden St, Newark, NJ, 07103

Grades PK-8

0.19 miles away

B

Bard Early College High School

321 Bergen St, Newark, NJ, 07103

Grades 9-12

0.27 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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