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235 S 7th St, Newark City, NJ, 07103

$350,000

Home List Price

$4,156*

Closing Credit

5 Bedrooms
1 Full Bath, 2 Partial
2,200 SqFt
$159/SqFt
House
Schools Nearby

Location

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235 S 7th St, Newark$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOn-Street Parking, On-Street Parking
Year Built1891
HeatingNatural Gas
CoolingNone
BasementYes
MLS #3889062
Lot Size0.06 Acres
StatusActive

About 235 S 7th St

Investor Special in the Heart of Newark - Excellent Potential for Multi-Family ConversionWelcome to an incredible investment opportunity in the vibrant heart of Newark! This spacious 5-bedroom, 1 full bath, and two half-bath home spans 2,200 square feet, boasting great bones and high ceilings, offering a perfect canvas for your vision.Key Features:5 Bedrooms, 1 Full Bath, 2 Half Baths2,200 Square FeetGreat Bones and High CeilingsPotential for Multi-Family ConversionPrime Location: Situated strategically, this property is close to parks, schools, shopping centers, and convenient transportation options. Whether you're looking to tap into the rental market or transform this space into a multi-family dwelling, the possibilities are endless.Investor-Friendly Details:After Repair Value (ARV): $475,000 Ideal for Investors Seeking High ROI or First Time Home Buyers Looking for Low Entry and Light to Medium Rehab.Proximity to Schools, Parks, and ShoppingExcellent Transportation AccessibilityThis property presents a unique opportunity for those with a keen eye for value and potential. With the prospect of a multi-family conversion and a desirable location, don't miss out on this chance to turn this house into a lucrative investment.Schedule a viewing today and unlock the full potential of this Newark gem!

Property Details

Property Features

Property Information:

  • Architectural Style: Fixer Upper
  • Year Built: 1891
  • Living Area: 2,200 SqFt

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (866) 201-6210

Interior Features

Interior Information:

  • Appliances: Other
  • Basement: Yes
  • Flooring Type: Carpeting, Wood

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 1
  • Total Bedroom Count: 5

Exterior Features

Parking Information:

  • Parking: On-Street Parking, On-Street Parking

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: None

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Barringer High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Thirteenth Avenue Elementary School, Public District Grades PK-8

Other

Directions Information:

  • Directions: Take 129 onto I-95. Take exit 13 to I-278 E. Take exit toward US-1, keep right onto bayway ave. Turn left onto 3rd ave. Turn right onto S 7th St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $159/SqFt
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Housing Market Comparison

See how this home compares to others in Newark, NJ.

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Newark, NJ

City

Med. List Price

$449.9K

Med. Price/SqFt

$234

Avg. Days On Market

97

# of Sold Homes

24

235 S 7th St vs Newark

54 DAYS ON ROCKET

-43 Days

$350,000

-$99.9K Less

$159/SqFt

-$76 Less

KEY TAKEAWAY

This property is $99.9K less than the Median List Price and $76/SqFt less than other homes in Newark, NJ.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #3889062

Listing Office:

  • Office Name: EXP REALTY, LLC
  • Office Phone: (866) 201-6210

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 5:25:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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Recommended Financing

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Rate/APR

7.5% / 6.68%

Total Monthly Payment

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2471764
3
/10

  • Thirteenth Avenue Elementary School

  • 359 13th Ave

  • 0.15 miles

  • Public District Grades PK-8

High School

school-card-donut-2471765
1
/10

  • Central High School

  • 250 18th Ave

  • 0.86 miles

  • Public District Grades 9-12

school-card-donut-2471766
1
/10

  • Barringer High School

  • 90 Parker St

  • 1.37 miles

  • Public District Grades 9-12

school-card-donut-2471767
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.61 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $22,383. The most common annual income of people living in Newark, NJ is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 235 S 7th St

What is the listing price of this property?

The listing price of 235 S 7th St property is $350,000.

What type of property is this?

The property 235 S 7th St is a house located in Newark City, New Jersey, 07103.

Is this property for sale now?

Active Listing: 235 S 7th St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 235 S 7th St are:
Thirteenth Avenue Elementary School: GreatSchools Rating 3/10
Central High School: GreatSchools Rating 1/10
Barringer High School: GreatSchools Rating 1/10
Malcom X Shabazz High School: GreatSchools Rating 1/10

How many bedrooms and bathrooms does this property have?

The property at 235 S 7th St has 5 bedrooms and 1 full and 2 half bathrooms.

What is the square footage of this property?

The property 235 S 7th St is 2,200 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 235 S 7th St is 1891.

Rocket Homes›New Jersey›Essex County›Newark›07103›235 S 7th St

This home is located at 235 S 7th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This 2,200 square foot home, which was built in 1891, sits on a 0.06 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $350,000.

In March 2024 in Newark, NJ there were 31.1% more homes for sale than in February 2024. Listings spent 97 days on the market in March 2024, and had a median list price of $449,995 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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