366 7th Ave W, Newark, NJ 07107
Local realty services provided by:Better Homes and Gardens Real Estate PorchLight Properties
366 7th Ave W,Newark City, NJ 07107
$700,000
- 9 Beds
- 4 Baths
- 6,312 sq. ft.
- Multi-family
- Pending
Listed by: william t. helfricht
Office: united real estate888-501-6953
MLS#:4030698
Source:NJ_GSMLS
Price summary
- Price:$700,000
- Price per sq. ft.:$110.9
About this home
Welcome to this expansive legal 3-family property in the heart of Newark offering exceptional upside for investors, contractors, or owner-occupants seeking value-add potential. This spacious multi-family property features a total of 9 bedrooms and 3 full bathrooms across the main residential units, along with an additional finished basement space offering 4 bonus rooms, a full bathroom, a half bath, and a separate entrance providing flexible use potential.Featuring generously sized layouts, high ceilings, abundant natural light, and classic architectural character throughout, the property offers an excellent foundation for renovation. Situated on an oversized fenced-in lot with iron fence enclosure and gated entry, the property also includes a detached 2-car garage, separate utilities, and a large covered front porch adding to the home's curb appeal and presence. With over 6,300 sq ft of property area, this is a rare opportunity to reposition and customize a substantial multi-family asset in one of Newark's rapidly developing areas.Conveniently located near major transportation routes, shopping, schools, parks, and public transit with easy access to NYC commuting options. Property is vacant, requires a full cosmetic renovation, and is being sold strictly as-is. Buyer responsible for all municipal certificates, inspections, and due diligence. Excellent opportunity for investors seeking strong income potential or long-term appreciation upside....
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Home facts
- Year built:1910
- Listing ID #:4030698
- Added:63 day(s) ago
- Updated:July 31, 2026 at 09:12 AM
Rooms and interior
- Bedrooms:9
- Total bathrooms:4
- Full bathrooms:4
- Half bathrooms:1
- Rooms Total:15
- Basement Description:Basement, Finished, Full
- Living area:6,312 sq. ft.
Heating and cooling
- Heating:3 Units, Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle, Flat
- Year built:1910
- Building area:6,312 sq. ft.
- Lot area:0.09 Acres
- Architectural Style:Triplex, Under/Over
- Construction Materials:Vinyl Siding
- Exterior Features:Metal Fence, Patio
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$700,000
- Price per sq. ft.:$110.9
- Tax amount:$8,441 (2025)
Features and amenities
- Amenities:All Utilities Underground, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Parking
- Parking description:2 Car Width, Blacktop Driveway, Detached Garage
- Garage spaces:2
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