# 366 7th Ave W, Newark City, NJ 07107-3664

> **TL;DR:** 9bd/5ba residential multi family, $749,000 ($119/sqft), built 1910, 6,312 sqft.
> Basement. Est. $3,246/mo. Listed 4 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $749,000 |
| Price/sqft | $119 |
| Bedrooms | 9 |
| Bathrooms | 4 full, 1 half |
| Square Feet | 6,312 |
| Year Built | 1910 |
| Lot Size | 3,920 sqft (0.09 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 4 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,246 |
| **Total** | **$3,246** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1910
- 0.09 acre lot
- 2 parking spaces

## Description

### Agent Description
Welcome to this expansive legal 3-family property in the heart of Newark offering exceptional upside for investors, contractors, or owner-occupants seeking value-add potential. This spacious multi-family property features a total of 9 bedrooms and 3 full bathrooms across the main residential units, along with an additional finished basement space offering 4 bonus rooms, a full bathroom, a half bath, and a separate entrance providing flexible use potential.Featuring generously sized layouts, high ceilings, abundant natural light, and classic architectural character throughout, the property offers an excellent foundation for renovation. Situated on an oversized fenced-in lot with iron fence enclosure and gated entry, the property also includes a detached 2-car garage, separate utilities, and a large covered front porch adding to the home's curb appeal and presence. With over 6,300 sq ft of property area, this is a rare opportunity to reposition and customize a substantial multi-family asset in one of Newark's rapidly developing areas.Conveniently located near major transportation routes, shopping, schools, parks, and public transit with easy access to NYC commuting options. Property is vacant, requires a full cosmetic renovation, and is being sold strictly as-is. Buyer responsible for all municipal certificates, inspections, and due diligence. Excellent opportunity for investors seeking strong income potential, multi-generational living, or long-term appreciation upside.

## Location

- **Address:** 366 7th Ave W, Newark City, NJ 07107-3664
- **County:** Essex
- **Coordinates:** 40.7543454536866, -74.1891190689057
- **Google Maps:** https://www.google.com/maps?q=40.7543454536866,-74.1891190689057

## Listing Agent

- **Name:** WILLIAM T. HELFRICHT
- **Brokerage:** UNITED REAL ESTATE
- **Phone:** 8885016953
- **Email:** william@unitednorthjersey.com

## Primary Photo

![366 7th Ave W - Primary Photo](http://lh.rdcpix.com/7c5142e982e02269784cd42e4b48cd37l-f2293650094r.jpg)

*50 total photos available on [listing page](https://www.propertysimple.com/listing/366-7th-ave-w-newark-city-nj-07107-3664-4030698)*

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**MLS#:** 4030698 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/366-7th-ave-w-newark-city-nj-07107-3664-4030698)

---

## Structured Data

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