7 White Ter, Newark, NJ 07108
Local realty services provided by:ERA Duke Realtors
7 White Ter,Newark City, NJ 07108
$595,000
- - Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by:monique moore
Office:homestarr realty
MLS#:3994422
Source:NJ_GSMLS
Price summary
- Price:$595,000
About this home
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!
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Home facts
- Year built:1907
- Listing ID #:3994422
- Added:1 day(s) ago
- Updated:October 24, 2025 at 07:57 PM
Rooms and interior
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Heating:Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1907
- Lot area:0.08 Acres
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$595,000
- Tax amount:$6,457 (2024)
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