Two-Unit Residential Income
343 7Th Ave W Newark, NJ 07107
For Sale
$575,000
Two-family property with two separate 3-bedroom, 1-bath units, offering residential income potential.
Days on Market52
Property Features for 343 7Th Ave W
General Information
- Standard status
- Active
- Property subtype
- Multi Family
Building Details
- Year Built
- 1920
Listing Agency:
Listed By:
PAULO SANTOS
Source:
Elliman
Added: Jun 3
Changed: Jul 21
Last Checked: Jul 23 at 10:26AM
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 PAULO SANTOS
Investment Insights
Based on property information with market context.
This two-family residential income property offers two separate units, and each unit includes 3 bedrooms and 1 full bath. The configuration supports day-to-day separate living for residents within the same building.
The property is located in Newark, NJ with convenient access to major transportation routes and public transit, plus nearby schools and parks. Walkability and transit metrics are listed as very walkable and good transit, respectively.
As presented, the building provides an owner-occupant option alongside rental revenue from the second unit. It is described as being in a neighborhood experiencing redevelopment and community growth.
The property is located in Newark, NJ with convenient access to major transportation routes and public transit, plus nearby schools and parks. Walkability and transit metrics are listed as very walkable and good transit, respectively.
As presented, the building provides an owner-occupant option alongside rental revenue from the second unit. It is described as being in a neighborhood experiencing redevelopment and community growth.
Key Highlights
- Two‑family property built in 1920
- Two separate units, each with 3 bedrooms and 1 full bath
- WalkScore 74 (very walkable), transitScore 56 (good transit), bikeScore 46 (somewhat bikeable)
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two-family property with two separate 3-bedroom, 1-bath units, offering residential income potential.
Where is this duplex located?
The property is located at 343 7Th Ave W Newark, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two‑family property built in 1920; Two separate units, each with 3 bedrooms and 1 full bath; WalkScore 74 (very walkable), transitScore 56 (good transit), bikeScore 46 (somewhat bikeable)
