390 NORTH 7TH STREET, Newark City NJ 07107

$520,000
Active
Newark City
Bedrooms
4

About this home

Great opportunity for an owner-occupant to own a large two-family home in the desirable North Newark section! Each unit features 2 spacious bedrooms, 1 full bathroom, a living room, and an eat-in kitchen. Live in one unit and enjoy the benefit of rental income from the second unit, making homeownership more affordable. The property is conveniently located near public transportation, major highways, schools, shopping, parks, and restaurants, with easy access to New York City. Whether you're looking to make this your home or create an extended-family living arrangement, this property offers flexibility, space, and plenty of potential. Buyer is responsible for Certificate of Occupancy & Fire Certificate, or all inspections required to close. Only brokers who are approved by the U.S. Department of Housing and Urban Development (HUD) and their registered agents are eligible to submit bids. Eligible for FHA 203K financing. Eligible for $100 Down program. During the 5-day Exclusive Bidding Period. Only owner occupants are eligible to submit bids.

Taxes & fees

Annual property tax
$5,882
Tax year
2025
Tax rate
3.999

Property details

Year Built
1920
Roof (*text)
Asphalt Shingle
Lot Size Area
0.09
MLS #
4051372

Features & amenities

Year Built (*numeric)
1920
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days on market
6
Basement (*text)
Yes
Cooling (*text)
None
Heating
2 Units, Radiators - Hot Water
Lot dimensions
30X130
Property Location

40.76315, -74.18575

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
Listing source
GSMLS
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