About This Home

This 8-bedroom, 2-bathroom residential multi family at 126 S 7Th St in Newark City, NJ is listed for $499,900. Built in 1902, on a 0.07 acres lot.

Key Features

  • Built in 1902
  • 0.07 acre lot
  • 2 stories

Property Details

2 stories
2 full
1902
Listing Description

INVESTMENT OPPORTUNITY! 126 S 7th St is a two-family property offering two spacious 4-bedroom, 2-bath units, making this an attractive opportunity for investors seeking a multi-family rental property. The property's two-unit configuration provides flexibility for an investor, owner-occupant, or buyer looking to build a residential investment portfolio.

The generous 4-bedroom layouts offer potential for strong tenant appeal, while the property presents an opportunity to renovate, modernize, and add value. Ideal for investors seeking a value-add property, rental income opportunity, or long-term real estate investment.

Conveniently located near transportation, shopping, schools, and major roadways. Property is being sold AS-IS. Buyer is responsible for conducting their own due diligence regarding property condition, zoning, permits, rental requirements, and potential uses.

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,166
Insurance$146

Estimates only. Actual payments may vary.

Location

126 S 7Th St

Newark City, NJ 07107-3750

Questions & Answers

This 8-bedroom, 2-bathroom residential multi family at 126 S 7Th St is listed at $499,900. The estimated monthly payment is $2,674 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1902, 0.07 acre lot, 2 stories.

This property is listed by JORGE VELASQUEZ.

JV

JORGE VELASQUEZ

Agent at RE/MAX Professionals I

Listed by RE/MAX Professionals I · Broker phone: (973) 418-0425 · View on Broker Site · Broker website

MLS# 4057554· Source: Garden State MLS, LLC· 24 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

126 S 7Th St, Newark City, NJ 07107-3750

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