$795,000

295 S 7th St Newark, NJ 07103

West Side Neighborhood

Estimated payment $5,035/month

Total Views 626
12 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Carriage House
  • Porch
  • Privacy Fence
  • Corner Lot
  • Storm Windows

About This Home

This gem is the perfect addition to your investment portfolio with this rare multi-family property featuring two separate structures on one expansive lot. The front building offers a three-family layout, while the rear structure houses an additional two-unit structure, providing a total of five units. Four units are currently occupied with stable tenants, generating immediate income. One unit requires rehab, offering value-add potential for increased future returns. Equipped with seperate utilities and a large fenced in yard. Perfect for a seasoned investor or buyer searching for their first multi-family acquisition. This property delivers strong cash flow, upside potential, and long-term stability. Close to mass transportation making a commute into Downtown Newark and into NYC a breeze. Minutes to Rutgers Hospital, Rutgers Newark and NJIT.

Listing Agent

Khadijah Caesar

Brokerage Phone: 908-312-3095 Listed on: 12/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,880

Lot Details

  • 56 Sq Ft Lot
  • Privacy Fence
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • Carriage House
  • Vinyl Siding

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Home Security

  • Storm Windows
  • Fire and Smoke Detector

Outdoor Features

  • Porch

Utilities

  • Window Unit Cooling System
  • Multiple Heating Units
  • Standard Electricity
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Community Details

  • Net Operating Income $9,999

Listing and Financial Details

  • Assessor Parcel Number 1614-00269-0000-00017-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,880

Lot Details

0

Listing Details

  • Unit Style: Fourplex
  • Year Built: 9999
  • County Name: Essex
  • Directions: 14TH Avenue to South 7th
  • I D: 5401265
  • Attribution Contact: 908-312-3095
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Bedrooms: 12
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Carriage House, Open Porch(es), Privacy Fence, Storm Window(s)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: On-Street Parking

Utilities

  • Cooling: Window A/C(s)
  • Fuel Type: Electric, Gas-Natural
  • Heating: 4+ Units
  • Sewer: Public Sewer
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas

Lot Info

  • Lot Size: 56.10 X 86.4
  • Easement: Unknown
  • Lot Description: Corner
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.11

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 10880
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00269-0000-00017-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2025 12/11/25 For Sale $795,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 4001324

Garden State MLS
New Jersey Essex County Newark 07103 West Side

295 S 7th St, Newark, NJ

For Sale

MultiFamily

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Khadijah Caesar
Listing Agent
Khadijah Caesar
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(201) 380-7862