Property
Newark City, NJ 07107 701 N 7th St
$675,000
Presented By: JEANIUS REALTY; 908-349-8770
Beds • 8
Baths • 5
Garage • 1
Home Details
Welcome to this spacious income producing two-family property nestled in one of Newark's most sought-after neighborhoods. This delightful home borders Bloomfield Township and Branch Brook Park; offering the perfect blend of comfort, convenience, and investment potential. Boasting 2 separate units plus a bonus unit, this multi-family has 8 bedrooms, 5 bathrooms, 1 car garage and an intimate backyard; perfect for entertaining. Whether you're looking to occupy one unit and rent the other or seeking a solid investment property, this two-family home offers great rental potential. Benefit from the growing Newark real estate market and the demand for quality housing in this area.
Presented By: JEANIUS REALTY; 908-349-8770
Interior Features for 701 N 7th St
Bedrooms
Total Bedrooms8
Unit 1 Beds Total5
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total3.0
Unit 2 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels2
Unit 2 Levels1
UnitType1TotalRent2600
UnitType2TotalRent1800
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas, Refrig, SmokeDet
Unit 2 Appl/EquipCarbMDet, CookGas, Refrig, SmokeDet
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms9
Unit 1 Room DescriptionBedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Porch
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room
General for 701 N 7th St
Architectural Style2-Two Story
Cooling2 Units
CountyEssex
Days on Market
DirectionsBloomfield avenue to Davenport to North 7th street
Drive2 Car Width
EasementNo
Full Baths5
Gross Income
Heating2 Units
Net Operating Income
NumberOfUnitsTotal2
Open Parking Spaces2
Operating Expense0
Possession11/05/2024
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount9584
Tax Assessed Value257100
Tax Lot17
Tax Year2023
Total Rooms14
Town #1614
TownshipNewark City
Exterior for 701 N 7th St
Exterior DescriptionVinyl Siding
Lot Dimensions2500 SF
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
YOLANDA CASSIDY-BOGAN
Associate