14 N 7TH ST, Newark City NJ 07107-2925 Photo 1 14 N 7TH ST, Newark City NJ 07107-2925 Photo 2 14 N 7TH ST, Newark City NJ 07107-2925 Photo 3 14 N 7TH ST, Newark City NJ 07107-2925 Photo 4 14 N 7TH ST, Newark City NJ 07107-2925 Photo 5 14 N 7TH ST, Newark City NJ 07107-2925 Photo 6 14 N 7TH ST, Newark City NJ 07107-2925 Photo 7 14 N 7TH ST, Newark City NJ 07107-2925 Photo 8 14 N 7TH ST, Newark City NJ 07107-2925 Photo 9 14 N 7TH ST, Newark City NJ 07107-2925 Photo 10 14 N 7TH ST, Newark City NJ 07107-2925 Photo 11

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14 N 7TH ST - Amazing completely renovated, fully occupied Investment opportunity offering a TRUE 9.47% CAP in this booming Newark market. This turnkey home is all within close proximity to NYC, NJIT, Rutgers, 280, the PATH and so much more! This 3 family consists of 7 total bedrooms (2/3/2) and 3 fulls bathrooms. The property was recently just renovated with brand new REAL hardwood flooring, hot water heaters, furnaces, kitchens, bathrooms! All units are metered separately and are all on yearly leases. The property does come with a detached one car garage and has a basement which can be used for extra income. Call today as this property will NOT last!

Listing information

  • MLS® ID: 3564541
  • Beds: 7
  • Parking Type Description: Detached 1 car
  • Lot Size: 0.03
  • Style: Multi-Family
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $4,656
  • Year Built: 1900
  • Stories: 0
  • Foreclosure: No
  • County: Essex

Features

Cooling See Remarks
Expenses Include Cold Water, Garbage Collection, Insurance, Taxes
Exterior Description Aluminum Siding
Fuel Type Gas-Natural
Garage Description Detached Garage
Heating 3 Units
Other Construction Date/Year Built - 1900
Parking/Driveway Description 1 Car Width, Driveway-Exclusive
Roof Description Asphalt Shingle
Utilities Gas-Natural
Listing Courtesy of Keller Williams City Life Realty