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$575,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
  • Updated 21 hours ago
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Don't miss this exceptional two-family property located in one of Newark's rapidly revitalizing neighborhoods. Each spacious unit features 3 bedrooms and 1 full bath, offering comfortable living spaces that appeal to both owner-occupants and tenants alike. This well-positioned property provides strong income potential and is situated in an area experiencing significant redevelopment, new investment, and community growth. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while offsetting your mortgage with rental revenue from the other, this property presents outstanding possibilities.Conveniently located near major transportation routes, public transit, schools, parks, residents enjoy easy access to everything the city has to offer. Take advantage of the continued growth and revitalization happening throughout Newark and secure your place in one of New Jersey's most dynamic real estate markets. This is an opportunity you won't want to miss!

Full Property Details for 343 7th Ave W

General

  • Price: $575,000
  • Taxes: $5,702 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4031306
  • Updated: 6/1/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 12

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: Essex
  • Driving Directions: Take exit 14 toward M L King Blvd. right onto Dr Martin Luther King Jr Blvd. Turn right onto Roseville Ave. Turn right onto 7th Ave W.

Heating & Cooling

  • Cooling Type: 2 Units, Wall A/C Unit(s)
  • Heating Type: 2 Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Gas In Street, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Unfinished
  • Roof: Asphalt Shingles
  • Year Built: 1920

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: On-Street Parking
  • Lot Description: Level Lot

Financial Considerations

  • Assessment Amount: $123,800
  • Land Assmt: $18,800
  • Tax Amount: $5,702
  • Tax Year: 2025

Disclosures and Reports

  • Block: 1915
  • Lot Number: 1
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.

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— 343 7th Ave W —

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 343 7th Ave W

School District:Newark City School District
NameGradesDistance
Dr. E. Alma Flagg Elementary School
150 Third St, Newark, NJ 07104
K-40.1 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.9 mi
Thirteenth Avenue Elementary School
359 13th Avenue, Newark, NJ 07103
5-81 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.4 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-121 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-121.2 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-41.2 mi
Camden Street Elementary School
281 Camden Street, Newark, NJ 07103
PK-81.4 mi
Cleveland Elementary School
388 Bergen St, Newark, NJ 07103
K-61.6 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 343 7th Ave W Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/01/2026
Listed
$575,000
82.54%
MLS
6/29/2006
Sold
$315,000
—
Public Record
Get Price Alerts and Save Property
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 for 343 7th Ave W

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,423
2%
$142,600
—
2022
$5,328
—
$142,600
—
2021
$5,325
33%
$142,600
—
2021
$4,014
-24%
$142,600
—
2018
$5,266
4%
$142,600
—
2017
$5,077
4%
$142,600
—
2016
$4,905
4%
$142,600
—
2015
$4,719
-12%
$142,600
—
2019
$5,363
27%
$142,600
—
2013
$4,211
—
$142,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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343 7th Ave W, Newark, NJ 07107 (MLS# 4031306) is a Multi-Family property with 2 units containing 6 bedrooms and 3 full bathrooms. 343 7th Ave W is currently listed for $575,000 and was received on June 01, 2026. This property is listed by Paulo "Paul" Santos from our East Brunswick Office.Want to learn more about 343 7th Ave W? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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