$650,000

504 N 7Th St, Newark City, NJ 07107

  • 4 beds |
  • 2 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

Welcome to 506 N 7th St in the heart of Newark a versatile 2-family home offering excellent investment potential , The first floor is occupied by a long-term, reliable tenant, providing immediate rental income. The vacant second floor features beautiful hardwood floors, spacious rooms, 2 bedrooms, and exclusive access to a full walk-up attic, perfect for storage or future expansion possibilities.Outside, enjoy a 2-car detached garage and a private yard area. The property is ideally located near schools, shopping centers, houses of worship, and the world-famous Branch Brook Park, known for its cherry blossoms, walking trails, and year-round recreation. Commuters will appreciate the proximity to NJ Transit bus lines, light rail, and major highways, offering quick access to Downtown Newark, universities, and NYC.Whether you're an investor or an owner-occupant, 506 N 7th St delivers convenience, charm, and opportunity in one of Newark's most vibrant neighborhoods.

Listing Status:
Active
Listing Office:
KELLER WILLIAMS CITY VIEWS REALTY : 201-592-8900
MLS ID:
3999117
  • General: Carbon Monoxide DetectorSmoke DetectorWood Floors
  • Basement: Unfinished
  • A/C: None
  • Heating: 2 UnitsRadiators - SteamGas-Natural
  • General: Vinyl SidingOpen Porch(es)
  • Parking: Parking spaces: 2
  • Roofing: Asphalt Shingle
  • County: Essex
  • Driveway: Driveway-Shared
  • Zoning: 1614-01967-0000-00015-0000-
  • Utilities: All UndergroundElectricGas In Street
  • Water: Public Water
  • Sewer: Public Sewer

This listing courtesy of KELLER WILLIAMS CITY VIEWS REALTY

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

F

First Avenue Elementary School

214 1st Ave W, Newark, NJ, 07107

Grades PK-8

0.06 miles away

F

First Avenue Elementary School

214 1st Ave W, Newark, NJ, 07107

Grades PK-8

0.06 miles away

B

Barringer High School

90 Parker St, Newark, NJ, 07104

Grades 9-12

0.81 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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