Multi-Family Investment Property in
297 S 7Th St Newark, NJ 07103
297 S 7Th St, Newark, NJ, 07103
$795,000
For Sale
$795,000
Five-unit property with income potential near transportation and universities.
Property Size4,800 SF
Lot Size0.11 Acres
Price / SF$165.63
Days on Market209
Property Features for 297 S 7Th St
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 0.11 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1920
Listing Agency
MONARCH REALTY & ASSOCIATES
(908) 312-3095
Listed by
KHADIJAH CAESAR
Source
Corcoran
Added: Dec 20, 2025 Checked: Jul 17 at 3:17 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MONARCH REALTY & ASSOCIATES
Investment Insights
Based on property information with market context.
This multi-family property features two separate structures on one lot. The front building has a three-family layout, while the rear structure contains two units, totaling five units. Four units are occupied by stable tenants, generating immediate income. One unit requires rehabilitation, offering value-add potential. The property is equipped with separate utilities and a large fenced yard. It is located close to mass transportation for commuting into Downtown Newark and NYC, and is minutes from Rutgers Hospital, Rutgers Newark, and NJIT. The property size is 4800 square feet.
Key Highlights
- Multi‑family property with two separate structures totaling five units on one lot.
- Four units currently occupied with stable tenants generating immediate income.
- One unit requires rehab, offering value‑add potential.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five-unit property with income potential near transportation and universities.
Where is this apartment building located?
The property is located at 297 S 7Th St Newark, NJ.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Multi‑family property with two separate structures totaling five units on one lot.; Four units currently occupied with stable tenants generating immediate income.; One unit requires rehab, offering value‑add potential.