24 N 7th St Newark, NJ 07107
Fairmount NeighborhoodEstimated payment $4,853/month
Highlights
- 1 Car Attached Garage
- Forced Air Heating and Cooling System
- 4-minute walk to Liberty Park
- Multiple cooling system units
- Fenced
About This Home
**Prime Lower Roseville Two-Family Home**Excellent income-producing property in Newark's desirable Lower Roseville section! This well-maintained two-family home offers identical spacious units, each featuring 3 bedrooms, living room, dining area, kitchen, in-unit laundry room, and 2 full bathrooms. Additional highlights include a built-in garage for convenient parking and 2 additional parking spots in front and a versatile bonus recreation room with full bathroom perfect for entertaining, home gym, or additional living space. Ideal for investors seeking strong rental income or owner-occupants looking to offset their mortgage. Close to schools, shopping, public transportation, and major highways. Don't miss this opportunity in one of Newark's most sought-after neighborhoods!
Listing Agent
ELITE REALTORS OF NEW JERSEY Brokerage Phone: 908-531-0582 Listed on: 02/05/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,742
Year Built
- Built in 2007
Lot Details
- 2,614 Sq Ft Lot
- Fenced
Parking
- 1 Car Attached Garage
Home Design
- Brick Exterior Construction
- Slab Foundation
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 5 Full Bathrooms
Utilities
- Multiple cooling system units
- Forced Air Heating and Cooling System
- Multiple Heating Units
- Underground Utilities
- Gas Water Heater
Additional Features
- Finished Basement
Community Details
- Net Operating Income $40,200
Listing and Financial Details
- Assessor Parcel Number 1614-01873-0000-00024-0000-
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,743 | $203,600 | $21,300 | $182,300 |
| 2024 | $7,590 | $203,600 | $21,300 | $182,300 |
| 2022 | $7,607 | $203,600 | $21,300 | $182,300 |
| 2021 | $7,602 | $203,600 | $21,300 | $182,300 |
| 2020 | $7,737 | $203,600 | $21,300 | $182,300 |
| 2019 | $7,657 | $203,600 | $21,300 | $182,300 |
| 2018 | $7,519 | $203,600 | $21,300 | $182,300 |
| 2017 | $7,248 | $203,600 | $21,300 | $182,300 |
| 2016 | $7,004 | $203,600 | $21,300 | $182,300 |
| 2015 | $6,737 | $203,600 | $21,300 | $182,300 |
| 2014 | $6,314 | $203,600 | $21,300 | $182,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/05/2026 02/05/26 | For Sale | $799,999 | 0.0% | -- | |
| 09/06/2024 09/06/24 | For Rent | $2,200 | 0.0% | -- | |
| 09/02/2015 09/02/15 | Sold | $270,000 | +175.5% | -- | View Prior Sale |
| 02/28/2014 02/28/14 | Sold | $98,000 | -- | -- | View Prior Sale |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | None Available | |
| Deed | $270,000 | -- | |
| Deed | -- | None Available | |
| Deed | $115,000 | -- | |
| Deed | $19,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $301,500 | Construction | |
| Closed | -- | No Value Available |
Source: Garden State MLS
MLS Number: 4008521
APN: 14-01873-0000-00024
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