504 N 7Th St, Newark City, NJ 07107 - MLS#3999117

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Lynn Fitzgerald

lynn@lynnfitzgerald.com +1(732) 983-1018

$650,000

Est. payment - /mo

4 Beds

2 Baths

4,791 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3999117

Style 3-Three Story

Bedrooms 4

Full Baths 2

Year Built 1940

Annual Tax Amount $10,055

Tax Year 2024

Lot Size 4,791 Sqft

Property Description

Welcome to 506 N 7th St in the heart of Newark a versatile 2-family home offering excellent investment potential , The first floor is occupied by a long-term, reliable tenant, providing immediate rental income. The vacant second floor features beautiful hardwood floors, spacious rooms, 2 bedrooms, and exclusive access to a full walk-up attic, perfect for storage or future expansion possibilities.Outside, enjoy a 2-car detached garage and a private yard area. The property is ideally located near schools, shopping centers, houses of worship, and the world-famous Branch Brook Park, known for its cherry blossoms, walking trails, and year-round recreation. Commuters will appreciate the proximity to NJ Transit bus lines, light rail, and major highways, offering quick access to Downtown Newark, universities, and NYC.Whether you're an investor or an owner-occupant, 506 N 7th St delivers convenience, charm, and opportunity in one of Newark's most vibrant neighborhoods.

Location

State NJ

County Essex

Rooms

Basement Unfinished

Interior

Interior Features Carbon Monoxide Detector, Smoke Detector, Wood Floors

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Parking Features Detached Garage

Garage Spaces 2.0

Utilities Available All Underground, Electric, Gas In Street

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

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Listed by KELLER WILLIAMS CITY VIEWS REALTY

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Lynn Fitzgerald

+1(732) 983-1018

Team Lead | Realtor® | License ID: 0123770

Team Lead | Realtor® License ID: 0123770

504 N 7Th St Newark City, NJ 07107

Lynn Fitzgerald

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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