Back to Search
Multi-Family Investment Property in Newark

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
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

Apartment buildings

Suggested Use

Real Estate Agency Dental Office Law Firm Skin Care Clinic Acupuncture Computer & Electronic Repair Parking Lot & Garage Gym & Fitness Center Locksmith Clothing & Fashion Store

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

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message