$689,000

Estimated payment $4,401/month

Total Views 4,186
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Discover an incredible investment opportunity in Newark with this three-family home at 352 N 7th Street. Property offers strong rental potential and a prime location close to public transportation, shopping, schools, and major highways.The first and second floors each feature a spacious three-bedroom, one-bath layout with generous living space. The third floor offers a well-designed one-bedroom, one-bath unit, perfect for additional rental income or owner occupancy. All utilities are separate, making management easier.Recent upgrades include brand new boilers and a new furnace. Whether you are an investor looking to generate consistent cash flow or an owner-occupant seeking to offset your mortgage with rental income, this property delivers on both fronts!Schedule your showing today and take advantage of Newark?s growing rental market with this turnkey multi-family home.

Listing Agent

PATRICK CARABAJAL

ROSA AGENCY Brokerage Phone: 973-589-7550 Listed on: 08/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,153

Year Built

  • Built in 1918

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Parking

  • 1 Parking Space
  • Private Driveway

Additional Features

  • 2,614 Sq Ft Lot
  • Forced Air Heating and Cooling System
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-01947-0000-00030-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,153

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1918
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: N 5th St. Drive to N 7th St
  • I D: 5378325
  • Attribution Contact: 973-589-7550
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Number Parking Spaces: 1
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water

Lot Info

  • Lot Size: 25X100 AVG.
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.06

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 9153
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01947-0000-00030-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,973 $240,700 $26,100 $214,600
2024 $8,973 $240,700 $26,100 $214,600
2022 $8,993 $240,700 $26,100 $214,600
2021 $8,988 $240,700 $26,100 $214,600
2020 $9,147 $240,700 $26,100 $214,600
2019 $6,161 $163,800 $26,100 $137,700
2018 $6,049 $163,800 $26,100 $137,700
2017 $5,831 $163,800 $26,100 $137,700
2016 $5,635 $163,800 $26,100 $137,700
2015 $5,420 $163,800 $26,100 $137,700
2014 $5,079 $163,800 $26,100 $137,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2025 08/13/25 For Sale $689,000 +112.0% --
09/06/2018 09/06/18 Sold $325,000 -9.5% -- View Prior Sale
05/17/2018 05/17/18 Pending -- -- --
04/05/2018 04/05/18 For Sale $359,000 +226.4% --
07/15/2014 07/15/14 Sold $110,000 -- -- View Prior Sale
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Deed $110,000 --
Quit Claim Deed $110,000 --
Deed $158,000 --
Source: Public Records

Source: Garden State MLS

MLS Number: 3981085

Garden State MLS

APN: 14-01947-0000-00030