390 NORTH 7TH STREET, Newark City, NJ 07107

$520,000
4
BD
2
BA

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List Price
$520,000
MLS#
4051372
Year Built
1920
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
4
Bathrooms
2
Baths Full
2
Acres
0.09

Property Description

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.

Additional Information

Taxes
$5,882
Cooling
None
Exterior
Vinyl Siding
Heating
2 Units, Radiators - Hot Water
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes

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