Investor's Special! Unlock the potential of this value-add opportunity at 129 Stone Street. This fixer-upper is ideal for investors, contractors, or buyers looking to renovate and customize a property with potentially positive upside. Property is being sold strictly As-Is. Property has a new roof installed in 2025. Buyers are strongly encouraged to perform their own due diligence, as the property may not qualify for certain financing programs. Buyer is responsible for obtaining all required municipal certificates, inspections, and certificates of occupancy (if applicable) necessary for closing.
Seventh Avenue, located between North 7th Street and North 9th Street, is a residential and institutional Newark neighborhood with brick rowhouses and campus-edge streetscapes. The neighborhood’s character concentrates around the Seventh Avenue corridor near University Avenue, where corner bodegas, takeout counters, and stoop-side foot traffic set a steady rhythm. Architectural cues lean toward early-20th-century masonry homes mixed with mid-rise academic buildings. Branch Brook Park’s formal lawns and cherry-tree allees shape the outdoor backdrop. Newark Light Rail stations nearby add a commuter pulse without changing the block-by-block feel. Pillars close by include the Newark Museum of Art, NJPAC, and the New Jersey Performing Arts Center’s plaza programming.
Provided by Walk Score and Local Logic
Market insights
129 Stone St · $340,000
DAYS ON MARKET
64 days
The average home goes pending in 25 days.
SALE-TO-LIST
108.4%
Most homes are selling 8% above list price.
LIST PRICE
$340,000
Median list price in this area is $596,196. (75% higher than this home)
PRICE DROP
0 price drops
8% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Appliances listed in remarks
Bedrooms
One bedroom on the first floor
Multiple bedrooms on the second floor (including additional bedrooms)
Bedroom in the basement
Bathrooms
Three full bathrooms
Kitchen
Eat-in kitchen with pantry (on the first floor)
Laundry & utility
See remarks for laundry/utility details
Heating & cooling
Natural gas heating
Cooling described in remarks
Exterior features
Metal fence
Patio
Home design
Colonial-style fixer-upper
Possible commercial/business use
Parking
On-street parking available
No driveway
Construction
Brick and stone exterior
Flat roof
Full unfinished basement
Utilities
Electric service available
Natural gas service available
Public sewer
Public water
HOA & community
Pets allowed
Other
Property marketed by EXODUS REAL ESTATE
Electricity and solar
View estimated energy costs and solar savings for this home