295 S 7th St Newark, NJ 07103
West Side NeighborhoodEstimated payment $5,039/month
Highlights
- Carriage House
- Porch
- Privacy Fence
- Corner Lot
- Storm Windows
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,880
Lot Details
- 56 Sq Ft Lot
- Privacy Fence
- Corner Lot
Parking
- On-Street Parking
Home Design
- Carriage House
- Vinyl Siding
Bedrooms and Bathrooms
- 12 Bedrooms
- 5 Full Bathrooms
Home Security
- Storm Windows
- Fire and Smoke Detector
Outdoor Features
- Porch
Utilities
- Window Unit Cooling System
- Multiple Heating Units
- Standard Electricity
- Gas Water Heater
Additional Features
- Unfinished Basement
Community Details
- Net Operating Income $9,999
Listing and Financial Details
- Assessor Parcel Number 1614-00269-0000-00017-0000-
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/11/2025 12/11/25 | For Sale | $795,000 | -- | -- |
Source: Garden State MLS
MLS Number: 4001324
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