390 North 7Th Street Newark, NJ $ 520,000
390 North 7Th Street
$ 520,000
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390 North 7Th Street

Newark, NJ, 07107
$ 520,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 3,592

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Multi-Family Home for sale in Newark, NJ

for $520,000 with 4 bedrooms and 2 full baths. This home was built in 1920 on a lot size of 0.09.

Great opportunity for an owner-occupant to own a large two-family home in the desirable North Newark section! Each unit features 2 spacious bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. Live in one unit and enjoy the benefit of rental income from the second unit, making homeownership more affordable. The property is conveniently located near public transportation, major highways, schools, shopping, parks, and restaurants, with easy access to New York City. Whether you're looking to make this your home or create an extended-family living arrangement, this property offers flexibility, space, and plenty of potential. Buyer is responsible for Certificate of Occupancy & Fire Certificate, or all inspections required to close. Only brokers who are approved by the U.S. Department of Housing and Urban Development (HUD) and their registered agents are eligible to submit bids. Eligible for FHA 203K financing. Eligible for $100 Down program. During the 5-day Exclusive Bidding Period. Only owner occupants are eligible to submit bids.

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Multi-Family Pending

Price

$ 520,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,882

Style

2-Two Story

Lot Size

0.09

Year Built

1920

Town/City

Newark

County/Region

Essex

MLS | Web ID

4051372

Features
General
Sewer Public Sewer
Heating 2 Units Radiators - Hot Water
Cooling None
Utilities All Underground Electric Gas In Street
Possession AT CLOSING
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 1920
Township Newark City
Tax Year 2025
Gross Income 9999
County Essex
Net Operating Income 9999
Operating Expense 9999
Total Rooms 11
Full Baths 2
Status Under Contract
Directions PARK AVE TO NORTH 7TH STREET
Open Parking Spaces 1
Number Of Units Total 2
Tax Annual Amount 5882
Drive 1 Car Width Blacktop Driveway-Shared
Standard Status Under Contract
Tax Assessed Value 147100
Town # 1614
Tax Lot 10
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Interior
Basement Full Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 4
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Exterior
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 30X130
Lot Size Acres 0.09
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* Excluded Features
List By
HARRIS M. SANDLER

Listing Agent

Realty Of America

Broker

hsandlerhomes@gmail.com

Email

Affordability Calculator

$4,082
Per Month
88%
12%
0%
Monthly Principal & Interest
$3,592
Monthly Property Taxes
$490
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
9/9/2026$520,000 Listed Price

Map


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390 North 7Th Street, Newark, NJ, 07107 is a Multi-Family Home for sale at $520,000 with a lot size of 0.09. 390 North 7Th Street has 4 bedrooms, 2.0 baths, and was built in 1920. The property's zip code is 07107 which is in Newark, NJ