314 7th Ave
Newark City, NJ 07107
Price: $675,000
GSMLS: 4008336Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 7
Baths: 2 Full & 1 Half
Garage: No
Year Built: 1910
Acres: 0.06
Property Tax: $4,658
Description
Open House Saturday 1PM–3PM.
Welcome to this exceptional two family home located in a phenomenal section of Newark. The first floor unit is vacant and ready for its next owner, offering 3 bedrooms and 1 full bathroom, featuring hardwood floors throughout in excellent condition, recent renovations, central air, and forced hot air heating. The second unit is a spacious duplex layout offering a combined total of 4 bedrooms and 1.1 bathrooms, showcasing similar finishes and features as the first unit, making it ideal for extended living or strong rental potential. The property also includes a huge unfinished basement, providing endless possibilities for future expansion or customization. Utilities are fully separated for convenience and efficiency. Perfectly situated in a prime multifamily location near the highly desirable Forest Hill section and just moments from the renowned Branch Brook Park. This is an opportunity you do not want to miss.General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
9
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
4
Bathrooms:
2
Total Rooms:
5
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dishwasher, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Forced Hot Air, Multi-Zone
Heating Fuel:
Gas-Natural
Cooling:
2 Units
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$675,000
Tax Amount:
$4,658
Land Assessment:
$17,800
Build. Assessment:
$104,700
Total Assessment:
$122,500
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4008336
List Date:
02-04-2026
Days On Market:
0
Listing Broker:
KELLER WILLIAMS CITY VIEWS REALTY
Listing Agent:
Oscar Nunez-paz
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
