Listing Details

314 7Th Ave W,Newark City, NJ 07107-2221

  • February 10, 2026

Description

*** address on GPS is 314 7th Avenue West or “W” *** Welcome to this exceptional two family home located in a phenomenal section of Newark. The first floor unit is vacant and ready for its next Owner, offering 3 bedrooms and 1 full bathroom, featuring hardwood floors throughout in excellent condition, recent renovations, central air, and forced hot air heating. The second unit is a spacious duplex layout offering a combined total of 4 bedrooms and 1.1 bathrooms, showcasing similar finishes and features as the first unit, making it ideal for strong rental potential. The property also includes a huge unfinished basement, providing endless possibilities for future expansion or customization. Utilities are fully separated for convenience and efficiency. Perfectly situated in a prime multifamily location near the highly desirable Forest Hill section and just moments from the renowned Branch Brook Park. This is an opportunity you do not want to miss.

Details

Last Updated On: February 10th, 2026 at 8:34 pm
Property ID:PT-27893682-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 675,000 $
Bedrooms:7
Year Built:1910

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X100
Lot Identifier: 3
Lot Identifier: 3

Home Details

Open Parking: 0
Basement: Yes
Renovated: 2018
Basmnt/Desc: Yes - Full, Unfinished
Acreage: 0.06
Total Baths: 2.10
Unit Style: 3-Three Story
Number of Units: 2
Rooms: 9
Easement/Desc: Unknown
Exterior Description: Aluminum Siding
Roof Description: Asphalt Shingle
Possesion: ASAP
Unit 1 Appliances/Equipment: Dishwasher, Range/Oven - Gas, Refrigerator
Unit 1 Levels: 1
Unit 1 Rooms: 4
Unit 1 Beds: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 1250
Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Appliances/Equipment: Dishwasher, Range/Oven - Gas, Refrigerator
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 4
Unit 2 Baths: 2.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 1970
Unit 2 Room Description: Attic, Bedrooms, Eat-In Kitchen, Kitchen, Laundry Room, Living Room
Block Identifier: 1911
County Number: 16
Town Number: 1614
YB/Desc: 1910 - Renovated
Easement: Unknown
Parking/Driveway Description: None
Block Identifier: 1911
County Number: 16
Town Number: 1614
Possession: ASAP

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Forced Hot Air, Multi-Zone
Cool System: 2 Units
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Taxes, Fees & Assessments

Tax ID For Property: 1614-01911-0000-00003-0000-
Tax Amount: $4,658.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $17,800.00
Building Assessment: $104,700.00
Total Assessment: $122,500.00
FHA Age Restricted: No

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