235 S 7Th St, Newark, NJ 07103
PENDING

235 S 7Th St
Newark, NJ 07103

Fairmount
  • 5 Beds
  • 3 Baths
  • 2,200 sqft
  • 5 Beds
  • 3 Baths
  • 2,200 sqft

$350,000

Est. Mortgage $2,521/mo*
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Local Information

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Description

Investor Special in the Heart of Newark - Excellent Potential for Multi-Family ConversionWelcome to an incredible investment opportunity in the vibrant heart of Newark! This spacious 5-bedroom, 1 full bath, and two half-bath home spans 2,200 square feet, boasting great bones and high ceilings, offering a perfect canvas for your vision.Key Features:5 Bedrooms, 1 Full Bath, 2 Half Baths2,200 Square FeetGreat Bones and High CeilingsPotential for Multi-Family ConversionPrime Location: Situated strategically, this property is close to parks, schools, shopping centers, and convenient transportation options. Whether you're looking to tap into the rental market or transform this space into a multi-family dwelling, the possibilities are endless.Investor-Friendly Details:After Repair Value (ARV): $475,000 Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.Proximity to Schools, Parks, and ShoppingExcellent Transportation AccessibilityThis property presents a unique opportunity for those with a keen eye for value and potential. With the prospect of a multi-family conversion and a desirable location, don't miss out on this chance to turn this house into a lucrative investment.Schedule a viewing today and unlock the full potential of this Newark gem!

Home Highlights

Parking
Open Parking
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
$159
Listed
53 days ago

Home Details for 235 S 7Th St

Active Status

MLS Status: Under Contract

Interior Features

Interior Details
Basement: Yes,UnfinishedNumber of Rooms: 10Types of Rooms: Kitchen
Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (half): 2
Dimensions and Layout
Living Area: 2200 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas ConnectedAppliances: See Remarks, Water Heater (See Remarks)
Heating & Cooling
Heating: Radiators - Hot Water,Natural GasNo CoolingHas HeatingHeating Fuel: Radiators Hot Water
Fireplace & Spa
No Fireplace
Gas & Electric
Gas: Gas-NaturalHas Electric on Property
Windows, Doors, Floors & Walls
Flooring: Carpet, Wood
Levels, Entrance, & Accessibility
Floors: Carpet, Wood

Exterior Features

Exterior Home Features
Roof: Asphalt Shingle
Parking & Garage
No CarportNo GarageNo Attached GarageHas Open ParkingParking: On Street,On-Street Parking
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 53

Property Information

Year Built
Year Built: 1891
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Construction Materials: Wood Siding
Property Information
Condition: Fixer, Fixer UpperNot Included in Sale: Personal BelongingsParcel Number: 1614017800000000200000

Price & Status

Price
List Price: $350,000Price Per Sqft: $159
Status Change & Dates
Possession Timing: At Closing

Location

Direction & Address
City: Newark City

Agent Information

Listing Agent
Listing ID: 3889062

Building

Building Area
Building Area: 2200 Square Feet

Community

Not Senior Community

Lot Information

Lot Area: 2613.6 sqft

Miscellaneous

BasementMls Number: 3889062Attribution Contact: 908-489-2740
Last check for updates: about 15 hours ago
Listing courtesy of Michael Dente, (908) 489-2740
Exp Realty, Llc
Source: GSMLS, MLS#3889062
Also Listed on NJMLS.

Price History for 235 S 7Th St

DatePriceEventSource
04/18/2024$350,000PendingGSMLS #3889062
03/05/2024$350,000Listed For SaleGSMLS #3889062
11/28/2022$315,000Sold
N/A
08/28/1997$1,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$5,260
Assessment$145,000
Home facts updated by county records

Comparable Sales for 235 S 7Th St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
196 S 6Th St, Newark, NJ
0.06
Single-Family Home
$310,000
10/06/23
5
3
-

Neighborhood Overview

Fairmount
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairmount

  • Trulia User
    "sidewalks are small with a lot of fences and gates. a lot of other dogs that are aggressive. parks are far from here not in walking distance with a lot of cemeteries in the area"
    0
    Flag
  • Trulia User
    "brings everyone together peacefully and no drama with people hurting each other or themselves while attending the event that the city put together when needed "
    2
    Flag
  • Trulia User
    "It’s a awesome are and people are every respectful and crewing I live in Newark for 28 years no problems at all."
    3
    Flag
  • Trulia User
    "New environment good place for kids to grow up and and I love the area it’s safe for the kids and the schools are great shopping areas "
    1
    Flag
  • Trulia User
    "I will encourage any family to stay in this environment because it’s very nice place and quite place to stay.. "
    0
    Flag
  • Trulia User
    "Great . I’m close to four bus lines and they take me to other forms of transportation. Just safety issues. I’m weary of standing at the bus lines because of the crime rate. My form of transportation is Uber or family members "
    2
    Flag
  • William W.
    "I have had no issues since living here. its quiet and people dont bother you. I have lived here three years and enjoy my home. I am mindful of where I live but I am not vigilant 24/7. "
    66
    Flag
  • Trulia User
    "This neighborhood is bad, lots of drug dealers selling drugs, shooting, fighting all times of day in night! It was a nightmare living there! They be outside till something in the morning playing loud music! You call the cops they leave then come back when the police leave! It’s a bad area period not for kids to play outside it’s not safe And they make it so dirty in front of your house "
    55
    Flag
  • Big C
    "No area for dogs to play freely like a dog park. Most let their dogs defecate near trees, behind abandon homes and in front of residents houses without picking up their dogs mess."
    8
    Flag
  • Chemisse B.
    "I reside in an up and coming neighborhood. There are new construction projects. There is public transportation allowing ease to get around. You can get to NYC easily. There are shops, stores, grocery stores, and close to a hospital. "
    5
    Flag
  • Peekaymartin
    "easy commute to public transportation. easy commute to major highways. easy commute to new York, airport, malls etc"
    4
    Flag
  • Jussmackdaddy
    "THE GENTRIFICATION OF WORKING CLASS FAMILIES SHARING THE SAME GOALS. AFRICANS CARRIBEANS HISPANICS AND AFRICAN AMERICANS ARE ALIKE. THERE'S A A CHURCH IN MY BLOCK THAT SERVICES COMMUNITIES NEAR AND FAR WITH THEIR RELIGIOUS PANTRY AND OTHER SERVICES. THERE ARE COLONIAL STYLE AND TOWNHOUSES. BUS AND SHOPPING ARE CLOSE TO TRANSPORTATION. FASTFOOD RESTAURANTS ARE NEARBY EITHER YOU CAN GO OR STAY.WHAT I REALLY LOVE ABOUT IT IS MY RESPECT FOR A COUPLE OF ELDERLY NEIGHBORS TELLING ME THE HISTORY OF THE NEIGHBORHOOD AND THE CHANGES THROUGHOUT THE YEARS. THERE'S A CHARTER SCHOOL THAT'S ONE BLOCK AWAY AS WELL AS A HOSPITAL 2 BLOCKS AWAY. SO THAT WHAT MAKES MY NEIGHBOR UNIQUE. IT OPENS THE DOOR FOR THE NEXT GENERATION THAT I MUST BE PREPARED FOR."
    92
    Flag
  • Angelique T.
    "it's ok but just not for me want to move to a better place some parts are ok but some are not wish to find a better place to stay "
    35
    Flag
  • Angelique T.
    "not sure but I just want to move to a better spot than where I'm at now because people don't respect one another I would like to be in a peaceful area "
    16
    Flag
  • Latoyah T.
    "I live in the neighborhood, moved here from NY due to rent being really high & NJ isn’t much of a difference. A lot of abandoned houses, broken sidewalks & riddled streets. "
    85
    Flag

LGBTQ Local Legal Protections

Michael Dente, Exp Realty, Llc
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.
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 listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
235 S 7Th St, Newark, NJ 07103 is a 5 bedroom, 3 bathroom, 2,200 sqft single-family home built in 1891. 235 S 7Th St is located in Fairmount, Newark. This property is currently available for sale and was listed by GSMLS on Mar 5, 2024. The MLS # for this home is MLS# 3889062.