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504-506 7th Street Newark, NJ $ 650,000
504-506 7th Street
$ 650,000
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504-506 7th Street

Newark, NJ, 07107
$ 650,000
Bedrooms4 Baths2.0

Monthly Estimate*

$ 4,055

Multi-Family Home for sale in Newark, NJ

for $650,000 with 4 bedrooms and 2 full baths.

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.

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Multi-Family Pending

Price

$ 650,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,555

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

25041456

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat
Garage Spaces 2.0
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 11
Full Baths 2
Status Under Contract - Under Contract
City Newark
Disclosures Transaction Broker Seller Disclosure - Yes
Year Built Details 1940's Build Prior to 1978
Tax Annual Amount 10555.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Pending
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Interior
Heating Y/N N
Half Baths 0
Total Bedrooms 4
Total Baths 2
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* Excluded Features

Affordability Calculator

$4,935
Per Month
82%
18%
0%
Monthly Principal & Interest
$4,055
Monthly Property Taxes
$880
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
843640 Elementary School
843641 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/24/2025$650,000 Listed Price

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504-506 7th Street, Newark, NJ, 07107 is a Multi-Family Home for sale at $650,000. 504-506 7th Street has 4 bedrooms and 2.0 baths. The property's zip code is 07107 which is in Newark, NJ