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Listed by William T. Helfricht United Real Estate
$ 749,000
Est. payment /mo
Open 5/31 12PM-2PM
366 7th AVE Newark, NJ 07107
9 Beds
4 Baths
Open House
Sun May 31, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26019679
Style 3 Family
Bedrooms 9
Full Baths 4
Property Sub-Type 3 Family
Property Description
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, multi-generational living, or long-term appreciation upside.
Location
State NJ
County Essex
Interior
Laundry None
Exterior
Garage Spaces 2.0
Others
Virtual Tour https://media.fotosforthefuture.com/sites/elvznogn/unbranded
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