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235 South 7th Street, Newark, NJ 07103
$350,000
235 South 7th Street, Newark, NJ 07103View this property at 235 South 7th Street, Newark, NJ 07103
235 South 7th StreetNewarkNJ07103
Property 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): $475,000Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.
Full Property Details
Full Property Details for 235 S 7th St
General
- Price: $350,000
- Taxes: $5,417
- Status: Under Contract
- Type: Single Family
- MLS ID: 24006474
- Updated: 5/28/2024
- Added to Site: 93 day(s) ago
Interior
- Number of Rooms: 10
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 1
- Half Bathrooms: 2
Bedrooms
- Total Bedrooms: 5
Parking
- Parking: Other (See Remarks)
- Garage Description: Other (See Remarks)
Location
- County: ESSEX
Community
- Home Owners Assn.: None
Heating & Cooling
- Heating/Cooling: Gas, Hot Water, Radiators
Structural Information
- Architectural Style: Bi-Level
- Description/Design: Other
- Exterior Const.: Other
- Basement Desc.: Unfinished
- Year Built: Pre-1900
Lot Features
- Property View: None
- Lot Description: Regular
Water Features
- Water Front Desc.: None
Financial Considerations
- Tax Amount: $5,417
Disclosures and Reports
- Ownership: Private
- Flood Zone: None
Listed by EXP Realty, LLC (866) 201-6210, Michael Dente (866) 201-6210
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Schools
Schools serving 235 S 7th St
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
359 13th Ave, Newark, NJ 07103 | PK-8 | 0.1 mi | |
619 S 17th St, Newark, NJ 07103 | K-8 | 0.8 mi | |
701 South Orange Ave, Newark, NJ 07106 | K-8 | 1 mi | |
Newark School Of Global Studies
24 Crane St, Newark, NJ 07104 | 9-11 | 1.5 mi | |
Newark School Of Data Science & Information Technology
746 Sanford Ave, Newark, NJ 07106 | 9-10 | 2.1 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 2.9 mi | |
66 Muhammad Ali Ave, Newark, NJ 07108 | PK-8 | 1.2 mi | |
1 Belmont Ruyon Way, Newark, NJ 07108 | PK-8 | 1.6 mi | |
428 Hawthorne Ave, Newark, NJ 07112 | PK-8 | 1.7 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 235 S 7th St
Date
Details
Price
Change
Source
3/05/2024
Listed
$350,000
11.11%
MLS
11/18/2022
Sold
$315,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 235 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,167
1%
$145,000
—
2021
$5,114
33%
$145,000
—
2021
$3,844
-25%
$145,000
—
2018
$5,105
4%
$145,000
—
2017
$4,912
-6%
$145,000
—
2019
$5,203
10%
$145,000
—
2016
$4,738
4%
$145,000
—
2015
$4,548
6%
$145,000
—
2013
$4,282
—
$145,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 235 S 7th St
235 South 7th Street, Newark, NJ 07103 (MLS# 24006474) is a Single Family property with 5 bedrooms, 1 full bathroom and 2 partial bathrooms. 235 South 7th Street is currently listed for $350,000 and was received on March 05, 2024. Want to learn more about 235 South 7th Street? Do you have questions about finding other Single Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.