504-506 N 7th St Newark, NJ 07107
Upper Roseville NeighborhoodEstimated payment $4,313/month
About This Home
Welcome to 506 N 7th St in the heart of Newark a versatile 2-family home offering excellent investment potential or multigenerational living. The first floor is occupied by a long-term, reliable tenant, providing immediate rental income. The vacant second floor features beautiful hardwood floors, spacious rooms, 2 bedrooms, and exclusive access to a full walk-up attic, perfect for storage or future expansion possibilities.Outside, enjoy a 2-car detached garage and a private yard area. The property is ideally located near schools, shopping centers, houses of worship, and the world-famous Branch Brook Park, known for its cherry blossoms, walking trails, and year-round recreation. Commuters will appreciate the proximity to NJ Transit bus lines, light rail, and major highways, offering quick access to Downtown Newark, universities, and NYC.Whether you're an investor or an owner-occupant, 506 N 7th St delivers convenience, charm, and opportunity in one of Newark's most vibrant neighborhoods.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,555
Lot Details
- 4,887 Sq Ft Lot
- Lot Dimensions are 37.6x130
Parking
- 2 Car Garage
Home Design
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Listing and Financial Details
- Legal Lot and Block 15 / 1967
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $650,000 | -- | -- |
Source: New Jersey MLS
MLS Number: 25041456
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