Estimated Value: $640,002 - $780,000
This home is located at 709 N 7th St, Newark, NJ 07107 since 23 May 2019 and is currently estimated at $689,501. This property was built in 1925. 709 N 7th St is a home located in Essex County with nearby schools including First Avenue Elementary School, Ridge Street Elementary School, and Dr. William H. Horton Elementary School.
Last Buyer's Agent
JOHANNA RIVERA
REALTY EXECUTIVES PROPERTY SQUAD
Home Type
Est. Annual Taxes
Year Built
Lot Details
$870,000
This mixed-use property features a fully rented commercial space on the 1st floor, generating $2,570/month with a 10-year lease and a 3% annual increase, ensuring long-term income stability. The spacious 4-bedroom, 1-bath apartment on the 2nd floor is currently vacant and listed for $2,700/month, offering immediate rental potential at market value. The 3rd-floor 3-bedroom, 1-bath unit is rented
Albertina Goncalves RE/MAX IN ACTION
$559,000
Prime Investment Opportunity " 3-Family Home in the Heart of Newark's Business District. Don't miss this exceptional opportunity to own a well-maintained three-family home situated in one of Newark's most sought-after locations right in the heart of the thriving business district. This property offers unmatched potential in a high-demand area. Each unit features a functional layout with spacious
Carlie Carreira EXP REALTY, LLC
$679,000
Spacious and conveniently located with an oversized backyard, this income generating home is a must see. The first unit comprises a two bedroom apartment and full finished basement with a bonus room. The upstairs unit spans the second and third floors and offers four beds and two baths. While the property is in need of some general repairs and is being sold as is, much has been done to update it.
Michael Dunn EXP REALTY, LLC
$549,900
Welcome to 680 N 8th Street, a well-maintained 2 -unit property located in the Northward of Newark, NJ. Unit 1 offers 2 bedrooms and 1 bathroom, while Unit 2 features 3 bedrooms and 1 bathroom each with separate gas and electric meters, paid directly by the tenants, minimizing landlord expenses. Positioned in a high-demand rental area, this property is ideal for investors seeking stable cash
Jorge Velasquez RE/MAX PROFESSIONALS I
$739,000
Welcome to this well-maintained 3-family home offers a great investment opportunity or the possibility for owner occupancy. Located in a desirable neighborhood, the property features three separate units, each with its own utilities. Each unit consists of 2 bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. In addition, the property includes 8 fully rented parking spots. The home
FERNANDO DA CRUZ FLOROSTONE REALTY INC.
$625,000
Excellent 3 family property in great condition for an owner occupant or an investor!! The 1st FL apartment has 3BR and 1BA. 2nd FL apartment has 3BR and 1BA and 3rd FL apartment has 1BR and 1BA. All the apartments are tenant occupied. One apartment can be delivered vacant at closing.
HORACIO DAVID RAMIREZ EXIT ALL STATE REALTY
$579,000
Great Investment Opportunity in the Desirable Forest Hills Section of Newark! This well-maintained two-family home offers both comfort and income potential. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, a large eat-in kitchen, and an open living/dining area perfect for modern living. The second-floor unit offers even more space, with 3 generously sized bedrooms, 1 full
VIVIANA DORIS LOPEZ ROSA AGENCY
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Parra Andres | $620,000 | First American Title | |
| 709 7Th Me Llc | $223,000 | Clear Skies Title Agency |
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | 709 N 7Th Me Llc | $234,550 | |
| Previous Owner | 709 7Th Me Llc | $234,550 | |
| Previous Owner | Terrazzino Vincent | $480,000 |
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2019 09/19/19 | Sold | $410,000 | -3.5% | -- |
| 06/18/2019 06/18/19 | Pending | -- | -- | -- |
| 05/23/2019 05/23/19 | For Sale | $424,900 | +90.5% | -- |
| 10/03/2018 10/03/18 | Sold | $223,000 | +11.5% | -- |
| 08/03/2018 08/03/18 | Pending | -- | -- | -- |
| 07/26/2018 07/26/18 | For Sale | $200,000 | -- | -- |
| 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 |
|---|---|---|---|---|
| 2024 | $11,065 | $296,800 | $45,500 | $251,300 |
| 2022 | $11,088 | $296,800 | $45,500 | $251,300 |
| 2021 | $11,083 | $296,800 | $45,500 | $251,300 |
| 2020 | $6,312 | $166,100 | $45,500 | $120,600 |
| 2019 | $6,247 | $166,100 | $45,500 | $120,600 |
| 2018 | $6,134 | $166,100 | $45,500 | $120,600 |
| 2017 | $5,913 | $166,100 | $45,500 | $120,600 |
| 2016 | $5,714 | $166,100 | $45,500 | $120,600 |
| 2015 | $5,496 | $166,100 | $45,500 | $120,600 |
| 2014 | $4,901 | $166,100 | $45,500 | $120,600 |
J
Buyer's Agent in 2019
JOHANNA RIVERA
REALTY EXECUTIVES PROPERTY SQUAD
Seller's Agent in 2018
Jorge Velasquez
RE/MAX
(973) 418-0425
5 in this area
255 Total Sales
Buyer's Agent in 2018
Brian Flores
RE/MAX
(862) 944-0802
6 Total Sales
Buyer Co-Listing Agent in 2018
Juan Duque
RE/MAX
(201) 982-1116
16 Total Sales
Source: Garden State MLS
MLS Number: 3559337
APN: 14-00695-0000-00021
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