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581 N 7Th St Newark, NJ $ 799,999
581 N 7Th St
$ 799,999
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581 N 7Th St

Newark, NJ, 07107
$ 799,999
Bedrooms7 Baths3.1

Monthly Estimate*

$ 5,051

Multi-Family Home for sale in Newark, NJ

for $799,999 with 7 bedrooms and 3 full baths, 1 half bath. This home was built in 1929 on a lot size of 0.06.

Spacious 7-Bedroom Multi investment home with Finished Basement in North Newark! This is an AS-IS Sale Buyer has to get the COWelcome to a rare finding in North Newark! This massive residence offers seven spacious bedrooms, three full bathrooms, and one half-bath?delivering the space, layout, savvy investor searches for.Key Features:Unmatched Space: 7 generous bedrooms spread across multiple levels, offering endless options for home offices, guest rooms.3.5 Bathrooms: Say goodbye to morning bathroom rush hour. A fully finished basement ready for a recreation room, home gym, theater, or extra storage.Prime Location: Situated on the very same street as a local school, making morning drop-offs seamless and stress-free.While the home retains classic features ready for your personal modern updates, it boasts solid bones, an expansive floor plan, and incredible potential to build instant equity. Bring your vision and make this North Newark gem your own! Schedule your tour today before it?s gone.the basement, first fl and third fl will be vacant at closing. the only apartment that will be occupies is the 2nd fl tenants. this is an AS IS sale. the seller will not be making updates and will not be giving any credits. the Buyer will have to take care of CO for the home

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Multi-Family Active

Price

$ 799,999

Bedrooms

7

Full Bath

3

Half Bath

1

Property Type

Multi-Family

Taxes

$ 7,842

Style

3-Three Story

Lot Size

0.06

Year Built

1929

Town/City

Newark

County/Region

Essex

MLS | Web ID

4050899

Features
Interior
Interior Amenities Wood Floors
Basement Finished Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 1
Total Bedrooms 7
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General
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater
Cooling None
Utilities Electric Gas-Natural
Possession After Closing
Roof Asphalt Shingle Flat
Water Heater Gas
Architectural Style 3-Three Story
Year Built 1929
Township Newark City
Tax Year 2025
Gross Income 18000
County Essex
Net Operating Income 8000
Operating Expense 6000
Total Rooms 12
Full Baths 3
Status Active
Directions Coming from Bloomfield Ave make a right onto North 7th st
High School BARRINGER
Open Parking Spaces 1
Number Of Units Total 3
Elementary School 1ST AVE
Tax Annual Amount 7842
Middle/Junior High School W HORTON
Drive 1 Car Width
Standard Status Active
Tax Assessed Value 196100
Town # 1614
Tax Lot 18
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Exterior
Exterior Amenities Privacy Fence
Water Source Public Water
Exterior Description Vinyl Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
TYRONE LOWMAN

Listing Agent

Realty One Group Lifestyle Homes

Broker

Affordability Calculator

$5,705
Per Month
89%
11%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$654
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
5418464 Elementary School
5555381 Middle School
Barringer High School High School
Pricing History
DatePricePrice ChangeDescription
9/7/2026$799,999 Listed Price

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581 N 7Th St, Newark, NJ, 07107 is a Multi-Family Home for sale at $799,999 with a lot size of 0.06. 581 N 7Th St has 7 bedrooms, 3.1 baths, and was built in 1929. The property's zip code is 07107 which is in Newark, NJ