581 N 7th St

Newark City, NJ 07107


 

Price: $799,999

GSMLS:  4050899
Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 7
Baths: 3 Full & 1 Half
Garage: No
Year Built: 1929
Acres: 0.06
Property Tax: $7,842
Description
Spacious 7-Bedroom Multi investment home with Finished Basement in North Newark! This is an AS-IS Sale Buyer has to get the COWelcome to a rare finding in North Newark! This massive residence offers seven spacious bedrooms, three full bathrooms, and one half-bath'delivering the space, layout, savvy investor searches for.Key Features:Unmatched Space: 7 generous bedrooms spread across multiple levels, offering endless options for home offices, guest rooms.3.5 Bathrooms: Say goodbye to morning bathroom rush hour. A fully finished basement ready for a recreation room, home gym, theater, or extra storage.Prime Location: Situated on the very same street as a local school, making morning drop-offs seamless and stress-free.While the home retains classic features ready for your personal modern updates, it boasts solid bones, an expansive floor plan, and incredible potential to build instant equity. Bring your vision and make this North Newark gem your own! Schedule your tour today before it's gone.the basement, first fl and third fl will be vacant at closing. the only apartment that will be occupies is the 2nd fl tenants. this is an AS IS sale. the seller will not be making updates and will not be giving any credits. the Buyer will have to take care of CO for the home
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Finished, Walkout
Interior:
Wood Floors
Roof:
Asphalt Shingle, Flat
Exterior:
Vinyl Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width
Spaces Available:
1
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Attic, Bedrooms, Eat-In Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
No
Utilities
Heating:
3 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
1ST AVE
Middle:
W HORTON
High School:
BARRINGER
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$799,999
Tax Amount:
$7,842
Land Assessment:
$45,100
Build. Assessment:
$151,000
Total Assessment:
$196,100
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4050899
List Date:
09-07-2026
Days On Market:
3
Listing Broker:
REALTY ONE GROUP LIFESTYLE HOMES
Listing Agent:
Tyrone Lowman
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
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Shawn and Diane Fox