157-159 North 7th Street

Newark, NJ 07107

$639,900
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Rooming house... Attention Investors... Wonderful opportunity to own this 11-bedroom property. The 1st floor includes five bedrooms, a living room, 2 kitchens, and 2 bathrooms in total. The 2nd floor includes 4 bedrooms and a full bathroom. The 3rd adds 2 bedrooms and a full bathroom for the floor. One of the bedrooms contains a small kitchen. A newer gas boiler supplies heating for the entire building. Large multi-car driveway and newer roof. There is much room to improve, and some cosmetic updates...Rooming house... Attention Investors... Wonderful opportunity to own this 11-bedroom property. The 1st floor includes five bedrooms, a living room, 2 kitchens, and 2 bathrooms in total. The 2nd floor includes 4 bedrooms and a full bathroom. The 3rd adds 2 bedrooms and a full bathroom for the floor. One of the bedrooms contains a small kitchen. A newer gas boiler supplies heating for the entire building. Large multi-car driveway and newer roof. There is much room to improve, and some cosmetic updates would go a long way.
  1. Listed by Paul DoSantos • Keller Williams Park Views • (201) 939-0050

Property Details for 157-159 North 7th Street

Style
Res/Com Mixed
Sub style
Othr/Apt

Location

Listing Courtesy of Keller Williams Park Views, Paul DoSantos
Add your commute
LISTING UPDATED: 04/25/2024 09:17 AM

Property Details for 157-159 North 7th Street

StatusActive
MLS #24008289
Days on Market38
Taxes$7,663 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeMixed Use / Res/Com Mixed
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Keller Williams Park Views, Paul DoSantos
Add your commute

Building Information for 157-159 North 7th Street

Stories3Residences3Year Built-Lot Size-

Payment Calculator

$4,131 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,492

Property Taxes

$639

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 157-159 North 7th Street

Summary
Location and General Information
  • Area: 0714
  • Area name: Newark
  • Directions: Please use GPS for guidance
  • Street Name: 7th
  • County Name: ESSEX
  • Status: ACTIVE
  • Street Direction: North
  • Zip Code: 07104
Taxes and HOA Information
  • Tax: $7,663
Parking
  • Parking Spaces: 4
Property
Lot Information
  • Lot: 00037
  • Year Built: 1940's
  • Propertype ro: Gas
  • Land sqft: 5000.0
  • Block: 01917
Property and Assessments
  • Photo: Y
  • Photo Number: 19
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Number of Units: 3
  • Number Of Stories: 3
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Asphalt
Multi Family
Multi-Family Information
  • No of Common units: 0
Agent
Sale and Listing Information
  • Search Class: MIX
  • List Price: $639,900.00
  • Listing Date: 03-20-2024
  • Status Date: 03-20-2024
Showing Information
  • Internet Remarks: ROOMING HOUSE... Attention Investors... Wonderful opportunity to own this 11-bedroom property. The 1st floor includes five bedrooms, a living room, 2 kitchens, and 2 bathrooms in total. The 2nd floor includes 4 bedrooms and a full bathroom. The 3rd adds 2 bedrooms and a full bathroom for the floor. One of the bedrooms contains a small kitchen. A newer gas boiler supplies heating for the entire building. Large multi-car driveway and newer roof. There is much room to improve, and some cosmetic updates would go a long way.
Rental
Rental Information
  • Owner pays: Electric, Heat, Water

Property History for 157-159 North 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 157-159 North 7th Street

Taxable ValueLand$21,900Additions$183,300Total$205,200
Tax Record2022$7,666 ($639 / month)
Home Facts
Total Finished SqFt2,993 SqFtAbove Grade Finished SqFt2,993 SqFtStories2Lot Size5,001 SqFtStyleMulti-Family Res (5+ Units)Year Built1940CountyESSEXAPN14 01917-0000-00037

Schools near 157-159 North 7th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Dr. E. Alma Flagg Elementary School
PublicK to 8

Barringer Academy Of S.T.E.A.M.
Public9 to 12

Dr. William H. Horton Elementary School
PublicK to 8

McKinley Elementary School
PublicPK 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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157-159 North 7th Street is a mixed use property for sale in Newark, NJ 07107. This property was listed for sale on March 20, 2024 by Keller Williams Park Views, it's currently listed at $639,900. This listing's school district is The Newark Public School District. Nearby schools include Dr. E. Alma Flagg Elementary School, Barringer Academy Of S.T.E.A.M. and Dr. William H. Horton Elementary School. 157-159 North 7th Street is a 0-bed, 0-bath, mixed use property.

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 Park Views, Paul DoSantos

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 04/27/2024 04:40 AM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.