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$935,000
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Property Description
Investment opportunity! This four units renovated building is excellent for owner occupied or to expand an investor portfolio.Three of the four units rented and there is a basement full of potential with two separate entrance.The 2nd Fl left and right are duplex apartmens with 4 bedrooms each.Located close to East Orange border, near parks, houses of worship, school and public transportation.Separate units and a 4 car garage.Rent roll is current, except for Unit #4 which it is vacant, but it is similar to Unit #2 and the rent is estimated at $3,228.
Full Property Details
Full Property Details for 437 7th Ave
General
- Sold For: $935,000
- Taxes: $10,891
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 25040388
- Added to Site: 229 day(s) ago
Interior
- Number of Rooms: 20
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 12
Other Rooms
- Laundry: None
Parking
- Garage: Yes
- Garage Spaces: 4
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat
Structural Information
- Architectural Style: 4 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $10,891
Listed by EXP Realty, LLC (866) 201-6210, Victor Castillo (973) 943-9408
Sold by Real (855) 450-0442, Fernando Leyva
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Schools
Schools serving 437 7th Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.3 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.4 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.9 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.9 mi |
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 0.9 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 1.2 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.5 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 2 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 2.1 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 437 7th Ave
Date
Details
Price
Change
Source
5/21/2026
Sold
$935,000
4%
MLS
2/18/2026
Price Reduced
$899,000
-9.1%
MLS
11/06/2025
Listed
$989,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
437 7th Avenue, Newark, NJ 07107 (MLS# 25040388) is a Multi-Family property that was sold at $935,000 on May 21, 2026. Want to learn more about 437 7th Avenue? 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.

