Property

Newark City, NJ 07108 7 White Ter

Presented By: HOMESTARR REALTY; 215-355-5565
  • MLS# 3994422
  • 10/24/2025
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  • Beds • 6
  • Baths • 4

Home Details

Investor Alert! Don't miss this incredible opportunity to own a spacious 2-family detached home in the heart of Essex County, situated on a quiet dead-end street.The first-floor unit features 1 bedroom, 2 full bathrooms, and a finished basement perfect for additional living or storage space. This unit will be vacant at closing, ready for an owner-occupant or new tenant.The second-floor unit offers 5 bedrooms, 2 full bathrooms, and ample storage space, currently occupied by a paying tenant providing immediate income.Recent updates include new windows and a newer heating system. The property also boasts hardwood floors, private backyard with a stone patio, and enclosed front porches on both levels, all enclosed by an iron fence for added privacy.This home is being sold as-is, and the buyer is responsible for all municipal inspections, certifications, and the certificate of occupancy.With strong rental potential (estimated fair market rents of approximately $1,768 for the 1-bedroom unit and $3,065 for the 4"5-bedroom unit), this property is an excellent addition to any investor's portfolio. There's even potential to convert to a 3-family with city approval.Endless potential " live in one unit, rent the other, or expand your investment portfolio!
Presented By: HOMESTARR REALTY; 215-355-5565

Interior Features for 7 White Ter

Bedrooms

Total Bedrooms6
Unit 1 Beds Total1
Unit 2 Beds Total5

Bathrooms

Half Baths0
Unit 1 Baths Total2.0
Unit 2 Baths Total2.0

Other Interior Features

Unit 1 Sq Ft1000
Unit 2 Sq Ft1500
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent0
UnitType2TotalRent1680
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipDishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Unit 2 Appl/EquipDishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
BasementFinished
Fuel TypeNone

Other Rooms

Unit 2 Rooms10
Unit 1 Rooms7
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Rec Room, Storage
Unit 2 Room DescriptionBedrooms, Dining Room, Kitchen, Living Room, Master Bedroom, Storage

General for 7 White Ter

Architectural StyleUnder/Over
CoolingNone
CountyEssex
DirectionsTake NJ Tpke and I-95 N to Fabyan Pl in Newark. Take exit 55 from I-78 W. Continue on Fabyan Pl. Take Hawthorne Ave to White Terrace.
DriveOn-Street Parking
EasementNo
Full Baths4
Gross Income20160
HeatingBaseboard - Hotwater
Net Operating Income20160
Number Of Units Total2
Open Parking Spaces
Operating Expense
Possession30-60 days
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount6457
Tax Assessed Value169800
Tax Lot122
Tax Year2024
Total Rooms17
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1907

Exterior for 7 White Ter

Exterior DescriptionAluminum Siding, Brick
Lot Dimensions40X90 .0826
Lot Size Acres0.08
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $595,000
MLS#3994422
List Date 10/24/2025
Property Type Multi-Family
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