235 S 7Th St Newark, NJ $ 350,000
235 S 7Th St
$ 350,000
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235 S 7Th St

Newark, NJ, 07103
$ 350,000
Bedrooms5 Baths1.2 Sq 2,200

Monthly Estimate*

$ 2,326

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Single Family Home for sale in Newark, NJ

for $350,000 with 5 bedrooms and 1 full bath, 2 half baths. This 2,200 square foot home was built in 1891 on a lot size of 0.06.

Investor Special in the Heart of Newark - Excellent Potential for Multi-Family ConversionWelcome to an incredible investment opportunity in the vibrant heart of Newark! This spacious 5-bedroom, 1 full bath, and two half-bath home spans 2,200 square feet, boasting great bones and high ceilings, offering a perfect canvas for your vision.Key Features:5 Bedrooms, 1 Full Bath, 2 Half Baths2,200 Square FeetGreat Bones and High CeilingsPotential for Multi-Family ConversionPrime Location: Situated strategically, this property is close to parks, schools, shopping centers, and convenient transportation options. Whether you're looking to tap into the rental market or transform this space into a multi-family dwelling, the possibilities are endless.Investor-Friendly Details:After Repair Value (ARV): $475,000 Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.Proximity to Schools, Parks, and ShoppingExcellent Transportation AccessibilityThis property presents a unique opportunity for those with a keen eye for value and potential. With the prospect of a multi-family conversion and a desirable location, don't miss out on this chance to turn this house into a lucrative investment.Schedule a viewing today and unlock the full potential of this Newark gem!

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Single Family Pending

Price

$ 350,000

Bedrooms

5

Full Bath

1

Half Bath

2

Property Type

Single Family

Taxes

$ 5,417

Style

Fixer Upper

Lot Size

0.06

Year Built

1891

Town/City

Newark

County/Region

Essex

MLS | Web ID

3889062

Features
General
Sewer Public Sewer
Heating Radiators - Hot Water
Cooling None
Utilities Electric Gas-Natural
Possession at closing
Roof Asphalt Shingle
Appliances See Remarks
Water Heater See Remarks
Zoning SFH
Garage Spaces 0
Architectural Style Fixer Upper
Exclusions Personal Belongings
Year Built 1891
Garage On-Street Parking
Township Newark City
Tax Year 2022
Percent Ownership Fee Simple
County Essex
Total Rooms 10
Status Under Contract
Directions Take 129 onto I-95. Take exit 13 to I-278 E. Take exit toward US-1 keep right onto bayway ave. Turn left onto 3rd ave. Turn right onto S 7th St.
Street Name S 7Th St
Tax Annual Amount 5417
Drive On-Street Parking
Standard Status Under Contract
Tax Assessed Value 145000
Town # 1614
Tax Lot 20
Primary Style Fixer Upper
Sub Property Type Single Family
Community Living No
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Interior
Basement Unfinished
Flooring Carpeting Wood
Total Fireplaces 0
Fuel Type Gas-Natural
Full Baths 1
Half Baths 2
Total Bedrooms 5
Kitchen Features See Remarks
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Exterior
Water Source Public Water
Exterior Description Wood
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
MICHAEL DENTE

Listing Agent

Exp Realty, Llc

Broker

Affordability Calculator

$2,778
Per Month
84%
16%
0%
Monthly Principal & Interest
$2,326
Monthly Property Taxes
$451
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/5/2024$350,000 Listed Price

Map


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235 S 7Th St, Newark, NJ, 07103 is a Single Family Home for sale at $350,000 with 2,200 sqft and a lot size of 0.06. 235 S 7Th St has 5 bedrooms, 1.2 baths, and was built in 1891. The property's zip code is 07103 which is in Newark, NJ