161167 N 7th Street
Newark, NJ 07107
14 beds | 8 baths | 0.21 acres | #22401627
Description
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!
Interior Details
- Cooling FeaturesOther
- Cooling1
Beds & Baths
- Bedrooms14
- Bathrooms8
- Full Baths8
Property Details
- Exterior FeaturesPatio, Storm Door(s)
Measurements
- Acres0.21
Parking
- Parking FeaturesOther
- Parking Spaces10
Construction Details
- Property TypeMulti-Family
- BasementFinished
Condition
- Year Built1910
Utilities / Energy Details
- Sewer InformationPublic Sewer
Community and Neighborhood Details
- ZoningPlanned Residential
- CountyEssex
Other
- MLS #22401627
Location
Legal
© Monmouth Ocean Regional MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last Updated: . Source: MONMOUTH
Listing Courtesy
Listing Agent: Rachel Aviv (#47813)
Listing Office: Silvera Realty Co. (#4514)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
