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$950,000
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Property Description
Spacious and well-maintained four-family home offering 4,218 sq ft of living space on a generous 6,878 sq ft lot. Delivered fully vacant at closing perfect for investors or multi-generational living. Each unit features a formal living room, dining room, and full bath. Units 1 and 3 include 1 bedroom each; Units 2 and 4 offer 2 bedrooms each. Utilities are separated for electric and cooking gas. Highlights include a bonus room in the second-floor common area, a semi-finished basement with storage and a half bath, a long driveway, and a detached five-car garage. The property is equipped with oil heat (underground tank), one furnace, and one hot water tank. Enjoy a large backyard, ideal for entertaining. Proudly owner-occupied for over 75 years. Prime location near the Light Rail and Bloomfield Ave.
Full Property Details
Full Property Details for 700-702 7th St
General
- Sold For: $950,000
- Taxes: $10,971
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 25020412
- Added to Site: 214 day(s) ago
Interior
- Number of Rooms: 19
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 4
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: See Remarks
Additional Information
- Other Features: Mixedflr
Parking
- Garage: Yes
- Garage Spaces: 5
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Sep Elec, Sep Gas
Structural Information
- Architectural Style: 4 Family
- Description/Design: Mixedflr
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $10,971
Listed by NextHome Prime (201) 630-0025, Lionel Cruz (917) 524-6111
Sold by Dias & Associates (973) 751-1552, Esther Guerra
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Schools
Schools serving 700-702 7th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.5 mi |
Ridge Street Elementary School 735 Ridge Street, Newark, NJ 07104 | 5-8 | 0.8 mi |
New Park School 120 Manchester Place, Newark, NJ 07104 | 5-8 | 0.8 mi |
Elliott Street Elementary School 721 Summer Avenue, Newark, NJ 07104 | K-4 | 0.9 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 1 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.1 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 1.1 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 1.1 mi |
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 700-702 7th St
Date
Details
Price
Change
Source
10/29/2025
Sold
$950,000
0.01%
MLS
6/16/2025
Listed
$949,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
700-702 7th Street, Newark, NJ 07107 (MLS# 25020412) is a Multi-Family property that was sold at $950,000 on October 29, 2025. Want to learn more about 700-702 7th Street? 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.

