295 S 7th St, Newark, NJ 07103
Local realty services provided by:ERA Suburb Realty Agency
295 S 7th St,Newark City, NJ 07103
$795,000
- 12 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: khadijah caesar
Office: monarch realty & associates
MLS#:4001324
Source:NJ_GSMLS
Price summary
- Price:$795,000
About this home
This gem is the perfect addition to your investment portfolio with this rare multi-family property featuring two separate structures on one expansive lot. The front building offers a three-family layout, while the rear structure houses an additional two-unit structure, providing a total of five units. Four units are currently occupied with stable tenants, generating immediate income. One unit requires rehab, offering value-add potential for increased future returns. Equipped with seperate utilities and a large fenced in yard. Perfect for a seasoned investor or buyer searching for their first multi-family acquisition. This property delivers strong cash flow, upside potential, and long-term stability. Close to mass transportation making a commute into Downtown Newark and into NYC a breeze. Minutes to Rutgers Hospital, Rutgers Newark and NJIT.
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Home facts
- Year built:9999
- Listing ID #:4001324
- Added:97 day(s) ago
- Updated:March 19, 2026 at 02:16 PM
Rooms and interior
- Bedrooms:12
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:20
- Basement Description:Basement, Unfinished
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:4+ Units
Structure and exterior
- Roof:Asphalt Shingle
- Year built:9999
- Lot area:0.11 Acres
- Lot Features:Corner
- Architectural Style:Fourplex
- Construction Materials:Vinyl Siding
- Exterior Features:Carriage House, Open Porch, Privacy Fence, Storm Window(s)
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$795,000
- Tax amount:$10,880 (2024)
Features and amenities
- Amenities:Carbon Monoxide Detector, Fire Extinguisher, Gas-Natural, Smoke Detector
Parking
- Parking description:On-Street Parking
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