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

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

Monthly Estimate*

$ 3,079

7 Mapes Terrace, Newark, NJ 07112 - Image 1
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Studio

Multi-Family Home for sale in Newark, NJ

for $500,000 with 3 full baths. This home was built in 1922 on a lot size of 0.0839.

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

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 6,702

Style

Lot Size

0.0839

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

2611410R
Features
General
Living Area 0
Sewer Public Sewer
Heating Radiators-Hot Water
Cooling Ceiling Fan(s)
Utilities Electricity Connected Natural Gas Connected
Roof Asphalt
Year Built 1922
Stories Count 3
Property Subtype 3 Family
Tax Year 2025
County Essex
Property Type Residential Income
Full Baths 0
Close Price 0
Status Active
City Newark
Lot Size Square Feet 3655
Tax Annual Amount 6702
Living Area Units Square Feet
Standard Status Active
Appliances Water Heater(Electric) Water Heater Unit 1(Range/Oven) Unit 2(Range/Oven) Unit 3(Range/Oven)
Gas Y/N Natural Gas
Garage Spaces 0
Ownership Fee Simple
Garage Y/N false
Total Rooms 15
Carport Spaces 0
Carport Y/N false
Community Features Curbs Sidewalks
Patio/Porch Features Patio
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Interior
Interior Amenities Unit 1(Dining Room 2 Bedrooms Kitchen 1 Bath Living Room) Unit 2(Dining Room 3 Bedrooms Kitchen 1 Bath Living Room) Unit 3(2 Bedrooms Kitchen 1 Bath Living Room)
Total Stories 3
Heating Y/N true
Half Baths 0
Total Baths 3
Basement Full Utility Room
Total Bedrooms 0
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Exterior
Parking Features 3-4 Car Parking
Lot Features Near Shopping Near Train Near Public Transit
Water Source Public
Lot Size Area 0.0839
Building Area Total 0
Lot Dimensions 102.00 x 35.00
Lot Size Acres 0.0839
Covered Spaces 0
Exterior Amenities Patio Curbs Sidewalk Fencing/Wall Yard Semi-Private Entry Private Entrance
Number of Separate Water Meters 3
Number of Separate Gas Meters 3
Number of Separate Electric Meters 3
Fencing Fencing/Wall
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* Excluded Features
List By
ROBERT DEKANSKI

Listing Agent

Re/Max 1St Advantage

Broker

robertdekanski@gmail.com

Email

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
0 Elementary School
0 Middle School
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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 with a lot size of 0.0839. 7 Mapes Terrace is a studio with 3.0 baths and was built in 1922. The property's zip code is 07112 which is in Newark, NJ

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