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Residential Income For Sale

289-291 S 7th St, Newark City, Essex 07103-3182

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Property Description

Spacious and well-maintained two-family home built in 2006, offering flexible living arrangements and excellent income potential in Newark’s desirable West Side neighborhood – ideal for buyers looking to offset their mortgage with rental income. The first unit is a duplex-style layout featuring 2 bedrooms and 2 full bathrooms, and bonus room on first level, it also includes a finished lower-level living space with bonus rooms and a separate entrance providing versatility for recreation, guest accommodations, or extended living needs. The second unit offers 3 bedrooms and 2 full bathrooms with a spacious and functional layout designed for comfortable everyday living. Additional highlights include hardwood and tile flooring throughout, central heating and air conditioning, updated kitchens equipped with dishwashers, a private driveway with off-street parking, and a one-car garage. The property has been well maintained over the years, with updated systems and strong overall condition. Conveniently located near major highways including I-78 and I-280, public transportation, schools, shopping, parks, and neighborhood conveniences along Springfield Avenue and South Orange Avenue. Eligible buyers may also qualify for down payment and closing cost assistance programs, adding to the overall affordability.

Basic Details
Property Type:
Residential Income
Listing Type:
For Sale
Listing ID:
4026072
Price:
$750,000
Year Built:
2006
Lot Area:
0.08 Acre
Status:
Under Contract
Office Name:
COMPASS NEW JERSEY LLC
Full Bathrooms:
5
Roof:
Asphalt Shingle
Features
Heating System:
Forced Hot Air, 2 Units
Cooling System:
Central Air, 2 Units
Basement:
Full, Finished
Architectural Style:
3-Three Story
Sewer:
Public Sewer
Utilities:
Gas-Natural
Address Map
Country:
US
State:
Essex
County:
Essex
City:
Newark City
Zipcode:
07103-3182
Street:
S 7Th St
Street Number:
289-291
Longitude:
W75° 48' 6.2''
Latitude:
N40° 44' 19.9''
Directions:
14th Ave and S 7th St
Additional Information
Lot Size Dimensions:
3465 SF
Water Source:
Public Water
Number Of Units Total:
2
Garage:
1
Financial
Tax Annual Amount:
8637
Listing Information
List Agent Mls Id:
301377
List Office Mls Id:
550205
Mls Status:
Under Contract
Modification Timestamp:
2026-06-23T09:21:14Z
Originating System Name:
gsmls
Residential Income For Sale
Listing ID:
4026072
Lot Area:
0.08 Acre
$750,000
Agent info
Contact Agent

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