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163 S 7Th St

Newark City, NJ 07103
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 221 Days
  • MLS #: 3986616
Under Contract
UPDATED: 81 min ago
$599,000
  • 8
    BEDS
  • 0.06
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
County:
Area:

School Ratings & Info

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.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aleksandr Pritsker | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Aleksandr Pritsker | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-22T16:49:22.65.
www.blackstarsells.com/homes/167872577
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163 S 7Th St Newark City, NJ 07103

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 221 Days
  • Updated: 81 min ago
  • MLS #: 3986616
8
Beds
4
Baths
0
½ Baths
0.06
Acres
County:
Essex
Area:
Newark City
Property 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.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Window A/C(s) Heating Radiators - Steam Total Number Of Rooms 12 Unit1 Appliances Equipment Range/Oven - GasSmoke Detector Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenLiving Room Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment Range/Oven - GasSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 0 Unit3 Baths 1.0 Unit3 Bedrooms 1 Unit3 Fireplaces 0 Unit3 Levels 3 Unit3 Room Description BedroomsKitchen Unit3 Rooms 3 Unit3 Sq Ft 0

Property Features

Assessment Total 156700 Building Assessment 130400 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 0 Land Assessment 26300 Net Operating Income 0 Sewer Public Available Tax Amount 5959 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 0 Unit Style 3-Three Story Unit1 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 9999 Unit2 Security Deposit 0 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 9999 Unit3 Security Deposit 0 Unit4 Owner Tenant Pays Tenant Pays ElectricTenant Pays GasTenant Pays Heat Utilities Gas-Natural Water Public Water

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-337-6035.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Aleksandr Pritsker | EXP Realty. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Aleksandr Pritsker | EXP Realty are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-04-22T16:49:22.65.
 
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Aleksandr Pritsker | EXP Realty
28 Valley Rd, Suite 1
Montclair NJ, 07042