120 S 7Th St Newark, NJ $ 549,900
120 S 7Th St
$ 549,900
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120 S 7Th St

Newark, NJ, 07107
$ 549,900
Bedrooms8 Baths4.0

Monthly Estimate*

$ 3,431

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Multi-Family Home for sale in Newark, NJ

for $549,900 with 8 bedrooms and 4 full baths. This home was built in 1917 on a lot size of 0.08.

Amazing 2 family opportunity! Fully renovated with 3 floors of living space, this turn-key multi family property offers high rental income potential for both owner occupant or investor. The first floor unit includes 3 bedrooms, living room, eat-in kitchen, full bathroom, and en-suite laundry. The 2nd unit is a multi floor space with 5 total bedrooms and 2 full renovated bathrooms, eat-in kitchen, living room, and en suite laundry. 2nd unit also include a cozy back porch that's perfect for relaxing. There is also a bonus office space on the 3rd floor! The basement is clean, freshly painted and ready to be finished. Recent updates include fully repainted interior, refinished floors, updated kitchens and baths, new central forced air heat, clean and painted basement, updated plumbing and electrical, and a refreshed exterior.

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Multi-Family Active

Price

$ 549,900

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 10,488

Style

3-Three Story

Lot Size

0.08

Year Built

1917

Town/City

Newark

County/Region

Essex

MLS | Web ID

4002267

Features
General
Sewer Public Available
Heating 2 Units Forced Hot Air
Cooling None
Utilities Electric Gas-Natural
Possession At closing
Roof Asphalt Shingle
Garage Spaces 0
Architectural Style 3-Three Story
Year Built 1917
Garage None
Township Newark City
Tax Year 2024
Gross Income 999
County Essex
Net Operating Income 999
Operating Expense 999
Total Rooms 13
Full Baths 4
Status Active
Directions Central Ave West Left on S 7th st.
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 10488
Drive None
Standard Status Active
Tax Assessed Value 275800
Town # 1614
Tax Lot 47
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 2.0
Unit 2 Beds Total 5
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 8
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Exterior
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 29 X 118
Lot Size Acres 0.08
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* Excluded Features
List By
SILVIO LAVRADOR

Listing Agent

Re/Max Select

Broker

silvio.lav@gmail.com

Email

Affordability Calculator

$4,305
Per Month
80%
20%
0%
Monthly Principal & Interest
$3,431
Monthly Property Taxes
$874
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/20/2025$549,900 Listed Price

Map


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120 S 7Th St, Newark, NJ, 07107 is a Multi-Family Home for sale at $549,900 with a lot size of 0.08. 120 S 7Th St has 8 bedrooms, 4.0 baths, and was built in 1917. The property's zip code is 07107 which is in Newark, NJ