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    120 S 7Th St Newark, NJ 07107

    Sponsored
    For Sale
    $549,900

    3-Three Story, Multi-Family - Newark City, NJ

    Lot size:
    0.08 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 6 at 12:06 pm

    Property Features for 120 S 7Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Kitchen, Laundry, Living Room
    Bedrooms
    8
    Bathrooms
    3
    Basement Y/N
    1
    Appliances
    Microwave, Oven - Gas, Range
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    None (Cooling)

    Building Details

    Year built
    1917
    Number of units
    2
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX SELECT (908) 233-9292 [email protected]

    Listing agent SILVIO LAVRADOR (908) 233-9292

    Listing date Jan 2, 2026

    MLS# 4002267 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multi-Family Property, Newark City

    This renovated multi-family property features three floors of living space, offering high rental income potential for both owner-occupants and investors. The first unit includes 3 bedrooms, a living room, an eat-in kitchen, a full bathroom, and en-suite laundry. The second unit is a multi-floor space with a total of 5 bedrooms and 2 renovated full bathrooms, an eat-in kitchen, a living room, and en-suite laundry. The second unit also includes a back porch. A bonus office space is located on the third floor. The basement is clean and freshly painted, ready to be finished. Recent updates include a fully repainted interior, refinished floors, updated kitchens and baths, new central forced air heat, a clean and painted basement, updated plumbing and electrical systems, and a refreshed exterior. The property is located in Newark City, NJ, situated on a lot of 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Gym & Fitness Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.19541
    Latitude
    40.74496

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    FAQs

    What type of property is this?
    Duplex - Turn-key, renovated multi-family property with high rental income potential.
    Where is this duplex located?
    The property is located at 120 S 7Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Fully renovated multi-family property with high rental income potential.; - Two units: one with 3 bedrooms, the other a multi-floor unit with 5 bedrooms and bonus office space.; - Each unit has its own en-suite laundry, eat-in kitchen, and living room.
    (908) 233-9292
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    120 S 7Th St Newark, NJ 07107
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    Newark, NJ 07107
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    120 S 7Th St Newark, NJ 07107
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