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10 Beds
5 Baths

$799,000

63 7th Street, Newark NJ, 07107

Property typeMulti-family
Listed by Katherine Moncada-Taborda with EXP Realty, LLC (973) 931-8869

Overview

Active

Active - Active

Listed Oct 9, 2026

Updated 1h ago

Beautifully renovated three-family residence offering approximately 3,475 square feet of living space in Newark's West Side section, featuring a projected 9.3% cap rate an excellent opportunity for investors seeking strong rental income and return potential. Annual property taxes are approximately $7,438. Hardwood floors and modern kitchens with stainless steel appliances throughout. First floor: Three bedrooms, living room, bonus room, kitchen and one full bath. Full walkout basement: Rec room, sitting area and full bath, with private access from the rear of the home. Second floor: Three bedrooms, living room, kitchen and two full baths. Third floor: Three bedrooms, living room, kitchen and one full bath. Five full baths in total. Separate utilities allow for streamlined expense management. A shared driveway leads to a detached three-car garage, an exceptional feature rarely found in the area. Ideal for investors or owner-occupants looking to live in one unit while renting the others. Conveniently located near The Ironbound, schools, public transportation, shopping and major highways, with easy access to downtown Newark and NYC. Down payment assistance, FHA 100% financing and financing with as little as 3.5%-5% down on 2"4 family properties may be available to qualified buyers, subject to lender approval. Schedule your appointment today before this opportunity is gone!

$5,316/mo

Est. mortgage payment based on a $799,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
26038683

Interior Features

Bedrooms
10
Bathrooms
5
Basement
No

Other Property Details

Taxes
$7,438
Tax Frequency
Annually
Association Fee Frequency
Monthly
Garage
Yes
MLS provider logo

Listed by Katherine Moncada-Taborda with EXP Realty, LLC (973) 931-8869

The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS.  Real estate listings held by brokerage firms other than Tewel Team Real Estate are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers.  Some properties listed with the participating brokers do not appear on this website at the request of the seller.  Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.

All information deemed reliable but not guaranteed.  Last date updated:  10/11/2026 

Source:  New Jersey Multiple Listing Service, Inc.

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