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161-167 N 7th Street
Newark NJ 07107 US

$1,575,000

Active Listing ID 22401627
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14 bed
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8.00 Bath (8 Full)
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Lot: 0.21 Acres
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Other

$1,575,000

Active Listing ID 22401627
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161-167 N 7th Street Amazing INVESTMENT opportunity!!! Own your own SRO building in an excellent suburban Newark area, there are very few SRO's left in the area and the demand is GREAT for these money making buildings! This home has been built with strong stone foundation, in the early 19th century as a stunning mansion, with time the property obtained a single occupancy license that can accommodate twenty people/couples. They have a shared kitchen on every floor and some 5 units have their own baths. With creative TLC you can upgrade this home to 20th century vibes. As a bonus owner has drawn up an extension of over 40 additional studio units using the attached vacant lot and the back. BONUS: Vacant buildable lot attached!

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Property Features

  • Facts
  • Lot Size: 0.21 Acres
  • Property Type: Other
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Exterior Finish: Patio, Storm Door(s)
  • Additional Features
  • Patio

Property

  • propertytype: Other
  • propertysubtype: Other
  • listprice: 1575000
  • unparsedaddress: 161-167 N 7th Street
  • postalcity: Newark
  • stateorprovince: NJ
  • country: US
  • postalcode: 07107
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.21
  • lotsizeunits: Acres
  • lotsizearea: 0.21
  • livingarea: 9370
  • livingareaunits: Square Feet
  • latitude: 40.755139
  • longitude: -74.189615
  • listagentfullname: Rachel Aviv
  • listagentemail: rachel@silverarealtyco.com
  • listagentkey: 3yd-MOMLSNJ-47813
  • listagentmlsid: 47813
  • listagentpreferredphone: 7327059070
  • listagentofficephone: 7327059070
  • listofficekey: 3yd-MOMLSNJ-4514
  • listofficemlsid: 4514
  • disclaimer: Copyright © 2024 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MOMLSNJ
  • yearbuilt: 1910
  • listingcontractdate: 2024-01-16
  • countyorparish: Essex
  • parcelnumber: 0
  • numberofunitstotal: 14
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 4
  • parkingtotal: 10
  • waterfrontyn: False
  • exteriorfeatures: Patio, Storm Door(s)
  • architecturalstyle: Other
  • rooms: Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.18961, 40.75514
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Silvera Realty Co.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"rachel@silverarealtyco.com", "ListBrokerageCity":"Oakhurst", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Silvera Realty Co.", "ListBrokeragePhone":"(732) 705-9070", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"176 Monmouth Road", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"176 Monmouth Road", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"39926", "ListOfficeCity":"Oakhurst", "ListOfficeCountry":"US", "ListOfficeEmail":"esther@silverarealtyco.com", "ListOfficePostalCode":"07755", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Six Family - Newark, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/161-167-N-7th-St_Newark_NJ_07107_M90293-11852?f=listhub&s=MOMLSNJ&m=22401627&c=rexren", "MLSModificationTimestamp":"2024-09-22T12:50:28Z", "Neighborhoods":[{"Description":null, "Name":"Newark (NEW)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:20:10 AM GMT
Source Updated Date: 12/17/2024 6:42:50 AM GMT

Courtesy of: Rachel Aviv, Silvera Realty Co., rachel@silverarealtyco.com

Copyright © 2024 Monmouth Ocean Regional Realtors and Monmouth Ocean Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.