700-702 N 7th St
Newark City, NJ 07107
Price: $949,900
GSMLS: 3969673Type: Multi-Family
Style: Fourplex
Total Units: 4
Beds: 6
Baths: 4 Full & 1 Half
Garage: 5-Car
Year Built: 1931
Acres: 0.16
Property Tax: $11,192
Description
Spacious And Well-maintained Four-family Home Offering 4,218 Sq Ft Of Living Space On A Generous 6,878 Sq Ft Lot. Delivered Fully Vacant At Closing Perfect For Investors Or Multi-generational Living. Each Unit Features A Formal Living Room, Dining Room, And Full Bath. Units 1 And 3 Include 1 Bedroom Each; Units 2 And 4 Offer 2 Bedrooms Each. Utilities Are Separated For Electric And Cooking Gas. Highlights Include A Bonus Room In The Second-floor Common Area, A Semi-finished Basement With Storage And A Half Bath, A Long Driveway, And A Detached Five-car Garage. The Property Is Equipped With Oil Heat (underground Tank), One Furnace, And One Hot Water Tank. Enjoy A Large Backyard, Ideal For Entertaining. Proudly Owner-occupied For Over 75 Years. Prime Location Near The Light Rail And Bloomfield Ave.
General Info
Style:
Fourplex
SqFt Building:
4,218
Total Rooms:
19
Basement:
Yes - Finished-Partially, Full
Interior:
Smoke Detector
Roof:
Flat
Exterior:
Brick, Vinyl Siding
Lot Size:
50X137.6
Lot Desc:
n/a
Parking
Garage Capacity:
5-Car
Description:
Detached Garage, Garage Parking
Parking:
Driveway-Exclusive, See Remarks
Spaces Available:
5
Unit 1
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water, Tenant Pays Gas
Handicap:
No
Unit 4
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Electric, Owner Pays Heat, Owner Pays Water, Tenant Pays Gas
Handicap:
No
Utilities
Heating:
See Remarks
Heating Fuel:
Oil Tank Below Ground
Cooling:
Window A/C(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
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:
$949,900
Tax Amount:
$11,192
Land Assessment:
$61,300
Build. Assessment:
$233,000
Total Assessment:
$294,300
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3969673
List Date:
06-16-2025
Days On Market:
0
Listing Broker:
NEXTHOME PRIME
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: EdenLaneLiving.com
