Listing Courtesy of: Rachel Aviv - Silvera Realty Co. 732-705-9070
$1,575,000 affordable loan icon Calculate Payment

161-167 N 7th Street Unit 161-167 Newark, NJ 07107

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Multi-Family Residence
14 Beds
8 Baths
9,370 Sq. Ft.
0.21 Acre Lot

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Last updated on 11/7/2024 5:42 PM
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 mansio...n, 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! Continue reading
MLS#
22401627
Property Type
Multi-Family
Bedrooms
14
Bathrooms
8 Full
Year Built
1910
Square Feet
9,370 sq. ft
Lot Size
0.21

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Listing Courtesy of: Rachel Aviv - Silvera Realty Co. 732-705-9070
Andrea Conner, License 1758875, Xome Inc., License 2326449, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such 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. Copyright 2024 Monmouth County MLS

This content last refreshed on 11/7/2024 5:42 PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.
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