Date
Details
Price
Change
Source
5/28/2026
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/50
$749,000 Coming Soon
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Property Description
Welcome to this expansive legal 3-family property in the heart of Newark offering exceptional upside for investors, contractors, or owner-occupants seeking value-add potential. This spacious multi-family property features a total of 9 bedrooms and 3 full bathrooms across the main residential units, along with an additional finished basement space offering 4 bonus rooms, a full bathroom, a half bath, and a separate entrance providing flexible use potential.Featuring generously sized layouts, high ceilings, abundant natural light, and classic architectural character throughout, the property offers an excellent foundation for renovation. Situated on an oversized fenced-in lot with iron fence enclosure and gated entry, the property also includes a detached 2-car garage, separate utilities, and a large covered front porch adding to the home's curb appeal and presence. With over 6,300 sq ft of property area, this is a rare opportunity to reposition and customize a substantial multi-family asset in one of Newark's rapidly developing areas.Conveniently located near major transportation routes, shopping, schools, parks, and public transit with easy access to NYC commuting options. Property is vacant, requires a full cosmetic renovation, and is being sold strictly as-is. Buyer responsible for all municipal certificates, inspections, and due diligence. Excellent opportunity for investors seeking strong income potential, multi-generational living, or long-term appreciation upside.
Full Property Details
Full Property Details for 366 7th Ave W
General
- Price: $749,000
- Taxes: $8,441 (2025)
- Status: Coming Soon
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4030698
- Updated: 5/29/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Metal Fence, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Garage Description: Detached Garage
Location
- County: Essex
- Driving Directions: Btwn N 6th St & N 5th St
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground, Cable TV Available, Fiber Optic Available
Structural Information
- Architectural Style: Triplex, Under/Over
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles, Flat
- Square Feet: 6,312
- Year Built: 1910
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Pantry
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.09
- Lot Dimensions: 40 x 100
- Driveway/Sidewalk: 2 Car Width, Blacktop
Financial Considerations
- Assessment Amount: $190,500
- Land Assmt: $20,600
- Tax Amount: $8,441
- Tax Year: 2025
Disclosures and Reports
- Exclusions: None
- Disclosures: Yes
- Block: 1908
- Lot Number: 1
Listed by United Real Estate
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Listing agent
— 366 7th Ave W —
United Real Estate
201-636-1979
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 366 7th Ave W
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.9 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.9 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.5 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1.1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.3 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.3 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.5 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 366 7th Ave W
Tax History
Tax History for 366 7th Ave W
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,028
2%
$211,100
—
2022
$7,887
—
$211,100
—
2021
$7,882
-2%
$211,100
—
2020
$8,022
3%
$211,100
—
2018
$7,796
4%
$211,100
—
2017
$7,515
3%
$211,100
—
2016
$7,262
4%
$211,100
—
2015
$6,985
-12%
$211,100
—
2019
$7,939
27%
$211,100
—
2013
$6,234
—
$211,100
—
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 366 7th Ave W
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- 1,304Sq. Ft.
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Listed and Sold by Premier Homes Pros
366 7th Ave W, Newark, NJ 07107 (MLS# 4030698) is a Multi-Family property with 3 units containing 9 bedrooms, 4 full bathrooms and 1 partial bathroom. 366 7th Ave W is currently listed for $749,000 and was received on May 28, 2026. Want to learn more about 366 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.