129 South 7th Street

Newark, NJ 07107

$639,000
Price
7
Beds
3
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this wonderful 3-family house nestled in the vibrant community of Newark. Each of the three units in this property features a thoughtfully designed layout to accommodate a variety of lifestyles. Upon entering Unit 1, you're welcomed into a spacious living/dining room, providing an ideal setting for gatherings and socializing. The kitchen is designed with convenience in mind, offering a practical space for meal preparation. 3 cozy bedrooms complete this unit, ensuring a comfortable and...Welcome to this wonderful 3-family house nestled in the vibrant community of Newark. Each of the three units in this property features a thoughtfully designed layout to accommodate a variety of lifestyles. Upon entering Unit 1, you're welcomed into a spacious living/dining room, providing an ideal setting for gatherings and socializing. The kitchen is designed with convenience in mind, offering a practical space for meal preparation. 3 cozy bedrooms complete this unit, ensuring a comfortable and private retreat. Unit 2 invites you into an open-concept living/dining area, allowing for versatile use of the space. The kitchen is equipped with all the essentials, making it a functional space for culinary enthusiasts. Two generously-sized bedrooms provide ample space for relaxation and personalization. In Unit 3, a spacious living/dining room awaits, bathed in natural light to create a warm and inviting atmosphere. The kitchen combines style and functionality, catering to your culinary needs. Two inviting bedrooms offer a comfortable haven for rest and relaxation. In all 3 units, abundant windows allow for natural light to fill each unit, creating a bright and airy ambiance. Conveniently located, this house provides easy access to amenities, public transportation, and local attractions. This property stands as an excellent investment opportunity, promising a harmonious blend of comfort and convenience for its future residents. Don't miss the chance to make this house your home!
  1. Listed by TOVIA LICHTMAN • KELLER WILLIAMS MID-TOWN DIRECT

Property Details for 129 South 7th Street

Directions
Between 11th And 12th Avenue
Days On Market
63

Location

Listing Courtesy of KELLER WILLIAMS MID-TOWN DIRECT, TOVIA LICHTMAN
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LISTING UPDATED: 04/08/2024 05:55 PM

Property Details for 129 South 7th Street

StatusActive
MLS #3885239
Days on Market82
Taxes$7,479 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 3-Three Story
Year Built9999
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Listing Courtesy of KELLER WILLIAMS MID-TOWN DIRECT, TOVIA LICHTMAN
Add your commute

Building Information for 129 South 7th Street

Stories-Residences3Year Built9999Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$4,111 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,487

Property Taxes

$623

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 129 South 7th Street

Summary
Location and General Information
  • Active Days on Market: 39
  • Renovated Year: 2023
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1811
  • Listing Type: Exclusive Right to Sell
  • Color of Building: White
  • Town #: 1614.0
  • Street # Display: 129.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: S 7Th St
  • Zip Code: 07107-3786
  • Total Units: 3
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $7,479
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 200200.0
  • Tax ID For Property: 1614-01811-0000-00026-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Identifier: 26
  • Approximate Lot Size: 25X100
  • Total Acres: 0.06
  • Construction Date/Year Built: 9999
  • Construction Date/Year Built Des: Renovated
Property and Assessments
  • Assessment Bldg: 168900.0
  • Assessment Land: 31300.0
Utilities
  • Cooling: 1 Unit
  • Utilities: All Underground
  • Water: Private
  • Water Heater: Gas
  • Heating: 3 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 9999.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Pantry
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 9999.0
  • Unit 1 Sq Ft: 9999.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 2.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 9999.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Pantry
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 9999.0
  • Unit 2 Sq Ft: 9999.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 02-29-2024
  • Unit 3 Levels: 3.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 9999.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living/Dining Room, Master Bedroom, Pantry
  • Unit 3 Rooms: 5.0
  • Unit 3 Security Deposit: 9999.0
  • Unit 3 Sq Ft: 9999.0
Multi-Family Information
  • Unit Style: 3-Three Story
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Expenses Include: All Utilities
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 129 South 7th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 129 South 7th Street

Taxable ValueLand$31,300Additions$168,900Total$200,200
Tax Record2022$7,479 ($623 / month)
Home Facts
Beds0Total Finished SqFt2,823 SqFtAbove Grade Finished SqFt2,823 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1927CountyESSEXAPN14 01811-0000-00026

Schools near 129 South 7th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - K to 8
Rating
School
Distance
Louise A. Spencer Elementary School
PublicPK to 8

Newark Innovation Academy
Public9 to 12

Speedway Academies
PublicK to 8

South Seventeenth Street Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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129 South 7th Street is a multi-family home for sale in Newark, NJ 07107. This property was listed for sale on February 8, 2024 by KELLER WILLIAMS MID-TOWN DIRECT, it's currently listed at $639,000. It has been on the market for a total of 82 days and was last sold on September 27, 2023. This listing's school district is The Newark Public School District. Nearby schools include Louise A. Spencer Elementary School, Newark Innovation Academy and Speedway Academies. 129 South 7th Street is a 7-bed, 3-bath, multi-family home built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS MID-TOWN DIRECT, TOVIA LICHTMAN

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 04/30/2024 08:29 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.