Properties

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.

Features

  • Heating System : Baseboard - Hotwater, 1 Unit
  • Cooling System : Window A/c(s)
  • Basement : Full, Unfinished
  • Roof Deck : Flat
  • Parking Description: On-Street Parking
  • Interior Features: Carbon Monoxide Detector, Carpeting, Smoke Detecto
  • Tax Assessed Valuation: 173600
  • Sewer: Public Available
  • Water: Public Water

Appliances

  • Utilities: Gas In Street
  • Internet

Additional Info

  • Office Name: KELLER WILLIAMS REALTY
  • Office MLS ID: 5328
  • Agent ID: 266740
  • Tax: 6602
  • Tax Year: 2024
  • Application Fee: $0

Multi-Family For Sale

For Sale
$499,900

318 S 7Th St, Newark City, *

  • SQFT 25 Acre
  • Bedroom 6
  • Built Year 1903

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5356559
  • Price: $499,900
  • Bedrooms: 6
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1903
  • Year Built Description: Approximate
  • Lot Area: 25 Acre
  • Status: Active
  • Days On Market: 9

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: S 7Th St
  • Street Number: 318
  • Street Direction: between 14th and 15th Ave or South Orange Ave to S
  • Floor Number: 0
  • Longitude: W75° 48' 4.7''
  • Latitude: N40° 44' 16''
  • Internet Display Address: Yes
Property