7 Mapes Terrace Newark, NJ $ 500,000
7 Mapes Terrace
$ 500,000
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7 Mapes Terrace

Newark, NJ, 07112
$ 500,000
Bedrooms7 Baths3.0

Monthly Estimate*

$ 3,079

7 Mapes Terrace, Newark, NJ 07112 - Image 1
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Multi-Family Home for sale in Newark, NJ

for $500,000 with 7 bedrooms and 3 full baths.

Opportunity is knocking! Spacious 3 Family Home over 3 finished levels in thriving Newark is bursting with possibilities! An ideal rental property to add to your portfolio for easy supplemental income. The first floor unit offers 2 bedrooms, 1 full bath, a kitchen, living room, and separate dining room. Plenty of natural light all through. The 2nd floor unit offers 3 bedrooms, 1 full bath, a kitchen, living room and dining room. The third floor unit offers 2 bedrooms, 1 full bath, and living area & kitchen. Full basement offers ample storage, utilities, and laundry facilities. Backyard area with patio is partially fenced-in for your privacy. Semi-private entrances, separate utilities, and a prime commuter location, just steps to the bus line, easy access to major roads, close to parks, shopping, dining, Newark Beth Isreal Medical Center, and more! Don't miss out! This could be the hidden gem you've been searching for!

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Multi-Family Active

Price

$ 500,000

Bedrooms

7

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,702

Style

3 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26006417

Features
General
Utilities See Remarks Electricity Connected Natural Gas Connected
Garage Spaces 0.0
Architectural Style 3 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 15
Full Baths 3
Status Active - Active
City Newark
Disclosures Seller's Agent Seller Disclosure - Yes
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 6702.0
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
Property Sub Type Additional Other
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Interior
Heating Y/N N
Half Baths 0
Laundry Features In Basement
Total Bedrooms 7
Total Baths 3
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* Excluded Features

Affordability Calculator

$3,637
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$559
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
3/5/2026$500,000 Listed Price

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7 Mapes Terrace, Newark, NJ, 07112 is a Multi-Family Home for sale at $500,000. 7 Mapes Terrace has 7 bedrooms and 3.0 baths. The property's zip code is 07112 which is in Newark, NJ