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323 N 7Th St

Newark City, NJ 07107
  • $599,000
  • STATUS: Active Under Contract
  • ON SITE: 157 Days
  • MLS #: 3984458
Under Contract
UPDATED: 145 min ago
$599,000
  • 4
    BEDS
  • 0.06
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,876
    SQFT
  • $319
    $/SQFT
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

Description

Welcome to 323 N 7th St, a spacious multi-family property offering strong rental potential in the heart of Newark. 4 Bedrooms 3 Baths including finished Basement. This well-maintained home features multiple units, each with generous living space, natural light, and functional layouts perfect for both owner occupants and investors. Located in a convenient neighborhood, the property is close to local shops, schools, parks and public transportation, with easy access to major highways and just minutes from downtown Newark. Whether you are looking to expand your portfolio or live in one unit while generating income from the others, this property is a smart investment with long-term upside.

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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 Trompeter Real Estate. 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 Trompeter Real Estate 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 2026-02-07T23:48:36.863.
www.trompeterrealestate.com/homes/167541478
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323 N 7Th St Newark City, NJ 07107

  • Price: $599,000
  • Status: Active Under Contract
  • On Site: 157 Days
  • Updated: 145 min ago
  • MLS #: 3984458
4
Beds
3
Baths
0
½ Baths
0.06
Acres
1,876
SQFT
$319
$/SQFT
1900
Built
County:
Essex
Area:
Newark City
Property Description
Welcome to 323 N 7th St, a spacious multi-family property offering strong rental potential in the heart of Newark. 4 Bedrooms 3 Baths including finished Basement. This well-maintained home features multiple units, each with generous living space, natural light, and functional layouts perfect for both owner occupants and investors. Located in a convenient neighborhood, the property is close to local shops, schools, parks and public transportation, with easy access to major highways and just minutes from downtown Newark. Whether you are looking to expand your portfolio or live in one unit while generating income from the others, this property is a smart investment with long-term upside.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Vinyl Siding Number Of Parking Spaces 1 Parking Driveway Description 1 Car Width Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Finished Cooling Window A/C(s) Heating 2 Units Total Number Of Rooms 14 Unit1 Appliances Equipment CarbMDetCookGasDryerMicrowavRefrigSmokeDetWasher Unit1 Baths 1.0 Unit1 Bedrooms 1 Unit1 Fireplaces 0 Unit1 Handicap Modified Yes Unit1 Levels 1 Unit1 Room Description BedroomsEat-In KitchenKitchenLiving/Dining RoomPantryStorage Unit1 Rooms 5 Unit1 Security Deposit 0 Unit1 Sq Ft 0 Unit2 Appliances Equipment CarbMDetCookGasFireAlrmRefrigSmokeDet Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenFamily RoomLiving/Dining RoomStorage Unit2 Rooms 7 Unit2 Sq Ft 0

Property Features

Assessment Total 124900 Building Assessment 97400 Easement No Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 9999 Land Assessment 27500 Net Operating Income 9999 Sewer Public Sewer Tax Amount 4749 Tax Rate Amount 3.803 Tax Rate Year 2024 Tax Year 2024 Total Operating Expense 9999 Unit Style 3-Three Story Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 0 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 1417 Unit2 Security Deposit 0 Utilities ElectricGas-Natural Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Exp Realty, Llc: 201-615-9085.


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 Trompeter Real Estate. 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 Trompeter Real Estate 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 2026-02-07T23:48:36.863.
 
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Trompeter Real Estate
355 Varick Street
Jersey City NJ, 07302