318 S 7th St, Newark City, NJ 07103

Local realty services provided by:ERA Duke Realtors
#1#2#3
318 S 7th St,Newark City, NJ 07103
$499,900
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:audeliz perez
Office:keller williams realty
MLS#:3961728
Source:NJ_GSMLS

Price summary

  • Price:$499,900

About this home

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.

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Home facts

  • Year built:1903
  • Listing Id #:3961728
  • Added:96 day(s) ago
  • Updated:August 13, 2025 at 08:35 AM

Rooms and interior

  • Total bathrooms:3
  • Full bathrooms:3

Heating and cooling

  • Cooling:Wall A/C Unit(s)
  • Heating:1 Unit, Baseboard - Hotwater

Structure and exterior

  • Roof:Flat
  • Year built:1903
  • Lot area:0.06 Acres

Utilities

  • Water:Public Water
  • Sewer:Public Available

Finances and disclosures

  • Price:$499,900
  • Tax amount:$6,602 (2024)
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing. Information deemed reliable but not guaranteed. 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker. This information is being provided for Consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. Date Last Updated August 13, 2025

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