437-439 7th Avenue West

Newark, NJ 07107

$820,000
Last Sold Price
12
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Investment opportunity! This fourplex was recently renovated, is full of potential, and three of the four units are already rented out! You can move in and be an owner-occupier, or rent out one more unit and have it as a money-generating property! This house is close to East Orange border, near parks, houses of worship, schools, and public transportation! There is a potential to add two more basement units - basement has two separate entrances.Investment opportunity! This fourplex was recently renovated, is full of potential, and three of the four units are already rented out! You can move in and be an owner-occupier, or rent out one more unit and have it as a money-generating property! This house is close to East Orange border, near parks, houses of worship, schools, and public transportation! There is a potential to add two more basement units - basement has two separate entrances.
  1. Listed by RACHELE JEANLOUIS • HOMEQUEST REALTY GROUP LLC

Property Details for 437-439 7th Avenue West

Directions
Between N 9th & N 11th St
Days On Market
46

Location

Add your commute
LISTING UPDATED: 10/06/2023 08:21 AM

Property Details for 437-439 7th Avenue West

StatusSold
MLS #3845113
Days on Market46
Taxes$8,028 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family
Year Built1900
Lot Size0.10 AC / 4,356 SF
CountyEssex County

Location

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Building Information for 437-439 7th Avenue West

Stories-Residences4Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$5,144 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,475

Property Taxes

$669

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 437-439 7th Avenue West

Summary
Location and General Information
  • Active Days on Market: 46
  • Renovated Year: 2022
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 1920
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 437.0
  • # Parking Spaces: 3
  • County Or Parish: Essex
  • Street Name: 7Th Ave W
  • Zip Code: 07107-1602
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $8,028
  • Zip Code Tax: *
  • City Tax: *
  • Assessment Total: 286400.0
  • Tax ID For Property: 1614-01920-0000-00067-0000-
  • 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: 1 Car Width
  • # Garage Spaces: 4
  • Garage Description: Detached Garage
Property
Lot Information
  • Lot Description: Level Lot
  • Lot Identifier: 67
  • Approximate Lot Size: 44.50 X 100
  • Total Acres: 0.1
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 268100.0
  • Assessment Land: 18300.0
Utilities
  • Cooling: 1 Unit
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 1 Unit, See Remarks
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
Interior Features
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: No
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: See Remarks
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 4
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 1 Rent: 0.0
  • Unit 1 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 0.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: See Remarks
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 2
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Lease Expiration: 12-05-2023
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 2 Rent: 1700.0
  • Unit 2 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 2 Rooms: 4.0
  • Unit 2 Security Deposit: 2550.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: See Remarks
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 4
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Lease Expiration: 04-15-2024
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 3 Rent: 2600.0
  • Unit 3 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 3 Rooms: 6.0
  • Unit 3 Security Deposit: 3900.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: See Remarks
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Lease Expiration: 02-15-2024
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
  • Unit 4 Rent: 1700.0
  • Unit 4 Room Description: Bedrooms, Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 2550.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $.00
  • Expenses Include: See Remarks
  • Net Operating Income: $.00
  • Gross Operating Income: $5,200.00

Property History for 437-439 7th Avenue West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 437-439 7th Avenue West

Taxable ValueLand$18,300Additions$196,700Total$215,000
Tax Record2021$6,052 ($504 / month)
Home Facts
Beds0Total Finished SqFt3,660 SqFtAbove Grade Finished SqFt3,660 SqFtStories2Lot Size4,452 SqFtStyleSingle Family ResidenceYear Built1900CountyESSEXAPN14 01920-0000-00067

Schools near 437-439 7th Avenue West

This home is within The Newark Public School District.
RatingSchoolTypeGradesDistance
Public - PK to 8
Public - 6 to 12
Public - PK to 8
Public - K to 8
RatingSchoolDistance
New Park School
PublicPK to 8

Eagle Academy for Young Men of Newark
Public6 to 12

Elliott Street Elementary School
PublicPK to 8

Ridge 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.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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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 HOMEQUEST REALTY GROUP LLC, RACHELE JEANLOUIS

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 03/18/2024 10:41 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.