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Image 1 - 153 North 7th Street, Roseville, Newark, NJ 07107, USA - House for sale
Image 2 - 153 North 7th Street, Roseville, Newark, NJ 07107, USA - House for sale
Image 3 - 153 North 7th Street, Roseville, Newark, NJ 07107, USA - House for sale
Image 4 - 153 North 7th Street, Roseville, Newark, NJ 07107, USA - House for sale
Image 5 - 153 North 7th Street, Roseville, Newark, NJ 07107, USA - House for sale
Image 6 - 153 North 7th Street, Roseville, Newark, NJ 07107, USA - House for sale
Home For Sale In Newark, New Jersey
153 North 7th Street, Roseville, Newark, NJ 07107, USA

Home For Sale In Newark, New Jersey

house for sale
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Listed: 01/25/24

153 North 7th Street, Roseville, Newark, NJ 07107, USA

14 Bed:
8 Bath:
9,370 Sq Ft Living Area:
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Price
$ 1,9M

About This House

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!

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Newark Housing & Living

Average sale prices for houses

3 bed
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In April 2024, the asking price for 3 bed houses for sale in/near Newark, United States averaged $425,933, staying on the same level compared to the previous month.
Median price trends for properties for sale in Newark, United States as of April 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.