390 NORTH 7TH STREET, Newark City, NJ 07107

$520,000
4
BD
2
BA

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List Price
$520,000
Days on Market
2
Status
ACTIVE
MLS#
4051372
Bedrooms
4
Bathrooms
2
Full Baths
2
Lot Size (Acres)
0.09
Year Built
1920
County
Essex

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

Heating
2 Units, Radiators - Hot Water
Cooling
None
Roof
Asphalt Shingle
Utilities
All Underground, Electric, Gas In Street
Water
Public Water
Sewer
Public Sewer

Mortgage Calculator

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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of REALTY OF AMERICA, Contact: 908-463-2700