New Jersey
Newark City
318 S 7Th St

$499,900

318 S 7Th St, Newark City, NJ 07103

6 beds |
3 baths

Multi-Family Home
Built in 1903
2,614sqft lot
—— car garage
$——/sqft
Listed 2 months 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:: Pending
Date Added:: May 17, 2025 at 12:00AM
Listing Office:: KELLER WILLIAMS REALTY : 908-233-8502
MLS ID:: 3961728

This listing courtesy of KELLER WILLIAMS REALTY

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Fourteenth Avenue Elementary School

186 14th Ave, Newark, NJ, 07103

Grades KG-4

0.09 miles away

Camden Street Elementary School

281 Camden St, Newark, NJ, 07103

Grades PK-8

0.19 miles away

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.