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    318 N 7Th St Newark, NJ 07107

    New
    For Sale
    $629,000

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

    Lot size:
    0.07 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 11 at 2:06 pm

    Property Features for 318 N 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, Dining Room, Kitchen, Living Room
    Bedrooms
    4
    Bathrooms
    3
    Parking
    2
    Parking features
    Driveway
    Basement Y/N
    1
    Lot size
    0.07 Acres

    Building Details

    Year built
    1887
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    RE/MAX Professionals I (973) 450-4000 [email protected]

    Listing agent CESAR GONZALEZ (973) 450-4000

    Listing date Dec 8, 2025

    MLS# 4000833 Listing URL

    Copyright © 2025 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

    Redone Multi-Family in Newark City

    This is a large two-family property featuring a duplex-style unit with three bedrooms and one and a half bathrooms spanning the second and third floors. The first floor contains a large one-bedroom unit. The property has been completely renovated, including new windows throughout, new plumbing, new electrical systems, a new heating system, and a new roof and siding. The lot size is 0.07 acres and is located in Newark City, NJ.
    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 Food Market Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.1871
    Latitude
    40.76059

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    FAQs

    What type of property is this?
    Duplex - Completely renovated 2-family property with new systems and finishes.
    Where is this duplex located?
    The property is located at 318 N 7Th St Newark, NJ.
    What is the asking price?
    The asking price for this property is $629,000.
    What are key features of this property?
    This property features: - Completely renovated: New windows, plumbing, electrical, heating, roof, and siding.; - Large 2-family home: Offers duplex-style 3-bedroom unit and a separate 1-bedroom unit.; - Duplex unit: Features **3 bedrooms and 1.5 bathrooms** across the 2nd and 3rd floors.
    (973) 450-4000
    Request Owner's contact information
    318 N 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
    318 N 7Th St Newark, NJ 07107
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