7 White Ter
Newark City, NJ 07108
Price: $595,000
GSMLS: 3994422Type: Multi-Family
Style: Under/Over
Total Units: 2
Beds: 6
Baths: 4 Full
Garage: No
Year Built: 1907
Acres: 0.08
Property Tax: $6,457
Description
Investor Alert! Don't Miss This Incredible Opportunity To Own A Spacious 2-family Detached Home In The Heart Of Essex County, Situated On A Quiet Dead-end Street.the First-floor Unit Features 1 Bedroom, 2 Full Bathrooms, And A Finished Basement Perfect For Additional Living Or Storage Space. This Unit Will Be Vacant At Closing, Ready For An Owner-occupant Or New Tenant.the Second-floor Unit Offers 5 Bedrooms, 2 Full Bathrooms, And Ample Storage Space, Currently Occupied By A Paying Tenant Providing Immediate Income.recent Updates Include New Windows And A Newer Heating System. The Property Also Boasts Hardwood Floors, Private Backyard With A Stone Patio, And Enclosed Front Porches On Both Levels, All Enclosed By An Iron Fence For Added Privacy.this Home Is Being Sold As-is, And The Buyer Is Responsible For All Municipal Inspections, Certifications, And The Certificate Of Occupancy.with Strong Rental Potential (estimated Fair Market Rents Of Approximately $1,768 For The 1-bedroom Unit And $3,065 For The 4"5-bedroom Unit), This Property Is An Excellent Addition To Any Investor's Portfolio. There's Even Potential To Convert To A 3-family With City Approval.endless Potential " Live In One Unit, Rent The Other, Or Expand Your Investment Portfolio!
General Info
Style:
Under/Over
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick
Lot Size:
40X90 .0826
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
1
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Rec Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Owner Pays Electric, Owner Pays Gas
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
2
Total Rooms:
10
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom, Storage
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Dryer, Kitchen Exhaust Fan, Microwave Oven, Range/Oven - Gas, Refrigerator, Washer
Utilities:
Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
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:
n/a
Handicap:
n/a
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:
n/a
Handicap:
n/a
Utilities
Heating:
Baseboard - Hotwater
Heating Fuel:
None
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
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:
$595,000
Tax Amount:
$6,457
Land Assessment:
$23,400
Build. Assessment:
$146,400
Total Assessment:
$169,800
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3994422
List Date:
10-24-2025
Days On Market:
0
Listing Broker:
HOMESTARR REALTY
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
