$650,000

504 N 7th St Unit 506 Newark, NJ 07107

Upper Roseville Neighborhood

Estimated payment $4,271/month

4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Nicholas Verdi

KELLER WILLIAMS CITY VIEWS REALTY Brokerage Phone: 973-769-1009 Listed on: 11/20/2025

KELLER WILLIAMS CITY VIEWS REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,055

Year Built

  • Built in 1940

Parking

  • 2 Car Detached Garage
  • Shared Driveway

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Multiple Heating Units
  • Radiator
  • Underground Utilities
  • Standard Electricity

Additional Features

  • Porch
  • 37 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-01967-0000-00015-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,055

Year Built

Built in 1940

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 1940
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: North 7th Street between Rutledge and 1st Avenue
  • I D: 5398480
  • Attribution Contact: 973-769-1009
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Carbon Monoxide Detector, Smoke Detector, Wood Floors
  • Bedrooms: 4
  • Total Bathrooms: 2
  • Total Full Bathrooms: 2
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Exterior Features: Open Porch(es)
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Detached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 2
  • Parking Driveway Description: Driveway-Shared

Utilities

  • Fuel Type: Gas-Natural
  • Heating: 2 Units, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: All Underground, Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 37.6X130
  • Easement: Unknown
  • 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: 10055
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-01967-0000-00015-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $9,857 $264,400 $34,200 $230,200
2024 $9,857 $264,400 $34,200 $230,200
2022 $9,878 $264,400 $34,200 $230,200
2021 $9,873 $264,400 $34,200 $230,200
2020 $6,848 $180,200 $34,200 $146,000
2019 $6,777 $180,200 $34,200 $146,000
2018 $6,655 $180,200 $34,200 $146,000
2017 $6,415 $180,200 $34,200 $146,000
2016 $6,199 $180,200 $34,200 $146,000
2015 $5,963 $180,200 $34,200 $146,000
2014 $5,588 $180,200 $34,200 $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2025 11/20/25 For Sale $650,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $390,000 Coastal Title Agency Inc
Bargain Sale Deed $385,000 Coastal Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $376,057 FHA
Previous Owner $346,500 Unknown
Source: Public Records

Source: Garden State MLS

MLS Number: 3999117

Garden State MLS

APN: 14-01967-0000-00015

New Jersey Essex County Newark 07107 Upper Roseville

504 N 7th St Unit 506, Newark, NJ

For Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Garden State MLS The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.

Information deemed reliable but not guaranteed.
Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.



This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.

Nearby Homes
Nicholas Verdi
Listing Agent
Nicholas Verdi
Section Image
KELLER WILLIAMS CITY VIEWS REALTY
(201) 849-1123