Investor Alert! Don't miss this incredible opportunity to own a spacious 2-family detached home in the heart of Essex County, situated on a quiet dead-end street.The first-floor unit features 1 bedroom, 2 full bathrooms, and a finished basement perfect for additional living or storage space. This unit will be vacant at closing, ready for an owner-occupant or new tenant.The second-floor unit offers 5 bedrooms, 2 full bathrooms, and ample storage space, currently occupied by a paying tenant providing immediate income.Recent updates include new windows and a newer heating system. The property also boasts hardwood floors, private backyard with a stone patio, and enclosed front porches on both levels, all enclosed by an iron fence for added privacy.This home is being sold as-is, and the buyer is responsible for all municipal inspections, certifications, and the certificate of occupancy.With strong rental potential (estimated fair market rents of approximately $1,768 for the 1-bedroom unit and $3,065 for the 4"5-bedroom unit), this property is an excellent addition to any investor's portfolio. There's even potential to convert to a 3-family with city approval.Endless potential " live in one unit, rent the other, or expand your investment portfolio!
Active
$595,000
7 White Ter, Newark City, NJ 07108
6beds
2,500sqft
Est.:
Multi Family
Built in 1907
-- sqft lot
$-- Zestimate®
$238/sqft
$-- HOA
What's special
Finished basementNewer heating systemHardwood floorsAmple storage spaceNew windowsQuiet dead-end street
- 51 days |
- 340 |
- 17 |
Zillow last checked: 21 hours ago
Listing updated: October 24, 2025 at 07:06am
Listed by:
Monique Moore 215-355-5565,
Homestarr Realty
Source: GSMLS,MLS#: 3994422
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard - Hotwater
Appliances
- Included: Dishwasher, Dryer, Exhaust Fan, Microwave, Range/Oven - Gas, Refrigerator, Washer, Kitchen Exhaust Fan, Microwave Oven
Features
- Bedrooms, Eat-in Kitchen, Living/Dining Room, Master Bedroom, Rec Room, Storage, Dining Room, Kitchen, Living Room
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 2,500
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: On Street
Lot
- Size: 3,484.8 Square Feet
- Dimensions: 40 x 90 .0826
Details
- Parcel number: 1614030410000001220000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding, Brick
- Roof: Asphalt Shingle
Condition
- Year built: 1907
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $238/sqft
- Tax assessed value: $169,800
- Annual tax amount: $6,457
- Date on market: 10/24/2025
- Total actual rent: 1680
- Tenant pays: Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2025 | Listed for sale | $595,000-20.7%$238/sqft |
Source: | ||
| 9/7/2023 | Listing removed | -- |
Source: | ||
| 3/7/2023 | Listed for sale | $750,000+316.7%$300/sqft |
Source: | ||
| 7/10/2019 | Listing removed | $180,000$72/sqft |
Source: EXIT PLATINUM REALTY #3508480 Report a problem | ||
| 11/10/2018 | Pending sale | $180,000$72/sqft |
Source: EXIT PLATINUM REALTY #3508480 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,457 | $169,800 |
| 2024 | $6,457 +0.1% | $169,800 |
| 2023 | $6,452 | $169,800 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,118/mo
Principal & interest
$2908
Property taxes
$1002
Home insurance
$208
Climate risks
Neighborhood: Upper Clinton Hill
Nearby schools
GreatSchools rating
- 3/10Hawthorne Avenue Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Weequahic High SchoolGrades: 9-12Distance: 0.9 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 1 mi
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