163 S 7th St
Newark City, NJ 07103
Price: $599,000
GSMLS: 3986616Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 4 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $5,959
Description
Don't Miss This Incredible Opportunity To Own An Updated Three-family Property In Newark With Strong Income-generating Potential. Perfect For Both Investors And Owner-occupants, This Versatile Home Allows You To Live In One Unit While Collecting Rental Income From The Others. Take Advantage Of The Flexibility, Steady Rental Demand, And Option To Customize Your Investment Or New Home. The Property Also Features A Private Backyard, Providing Outdoor Space To Relax And Enjoy. Ideally Located Near Shopping, Dining, Schools, And Multiple Transportation Options, This Home Ensures Convenience And Accessibility, Making It Highly Attractive For Renters And Owners. Whether You're A First-time Investor, Expanding Your Portfolio, Or Looking For A Home That Can Help Pay For Itself, This Is A Must-see Opportunity.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
n/a
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$5,959
Land Assessment:
$26,300
Build. Assessment:
$130,400
Total Assessment:
$156,700
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3986616
List Date:
09-12-2025
Days On Market:
1
Listing Broker:
WEST OF HUDSON REAL ESTATE
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: SeasonsGlenCondos.com
