INVESTMENT OPPORTUNITY! 126 S 7th St is a two-family property offering two spacious 4-bedroom, 2-bath units, making this an attractive opportunity for investors seeking a multi-family rental property. The property's two-unit configuration provides flexibility for an investor, owner-occupant, or buyer looking to build a residential investment portfolio. The generous 4-bedroom layouts offer potential for strong tenant appeal, while the property presents an opportunity to renovate, modernize, and add value. Ideal for investors seeking a value-add property, rental income opportunity, or long-term real estate investment. Conveniently located near transportation, shopping, schools, and major roadways. Property is being sold AS-IS. Buyer is responsible for conducting their own due diligence regarding property condition, zoning, permits, rental requirements, and potential uses.
Active
$499,900
126 S 7Th St, Newark City, NJ 07107
8beds
--sqft
Multi Family
Built in 1902
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 9 days
- 289
- 16
Zillow last checked:
Listing updated:
Listed by:
Jorge Velasquez 973-450-4000,
Re/Max Professionals I
Source: GSMLS,MLS#: 4057554
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 2
- Full bathrooms: 2
Heating
- See Remarks, Natural Gas
Features
- Bedrooms, Kitchen, Living/Dining Room
- Basement: Yes,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: None
Features
- Levels: Two
- Stories: 2
Lot
- Size: 3,049 Square Feet
- Dimensions: 25 x 125
Details
- Parcel number: 1614018100000000440000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1902
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s), Carbon Monoxide Detector, Smoke Detector
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $169,300
- Annual tax amount: $6,770
- Date on market: 10/7/2026
- Exclusions: Personal Property
- Total actual rent: 5400
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/7/2026 | Listed for sale | $499,900-9.1% |
Source:  GSMLS #4057554 Report a problem | ||
| 3/16/2023 | Sold | $550,000+478.9% |
Source: Public Record Report a problem | ||
| 2/19/2019 | Listing removed | $1,600 |
Source: Zillow Rental Network Report a problem | ||
| 12/4/2018 | Price change | $1,600-5.9% |
Source: Zillow Rental Network Report a problem | ||
| 10/24/2018 | Listed for rent | $1,700 |
Source: Zillow Rental Network Report a problem | ||
| 6/11/2018 | Listing removed | $1,700 |
Source: Zillow Rental Network Report a problem | ||
| 5/13/2018 | Listed for rent | $1,700+6.3% |
Source: Owner Report a problem | ||
| 3/22/2018 | Listing removed | $1,600 |
Source: Owner Report a problem | ||
| 3/19/2018 | Listed for rent | $1,600 |
Source: Owner Report a problem | ||
| 8/28/2017 | Sold | $95,000+5.6% |
Source: GSMLS #3397239 Report a problem | ||
| 9/9/2016 | Listing removed | $90,000 |
Source: KELLER WILLIAMS - NJ METRO GROUP #3301936 Report a problem | ||
| 5/5/2016 | Price change | $90,000+12.5% |
Source: KELLER WILLIAMS - NJ METRO GROUP #3301936 Report a problem | ||
| 4/28/2016 | Listed for sale | $80,000-46.7% |
Source: KELLER WILLIAMS - NJ METRO GROUP #3301936 Report a problem | ||
| 4/26/2015 | Listing removed | $150,000 |
Source: Owner Report a problem | ||
| 2/13/2015 | Price change | $150,000+97.4% |
Source: Owner Report a problem | ||
| 2/9/2015 | Listed for sale | $76,000 |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,770 +5.2% | $169,300 |
| 2024 | $6,438 +0.1% | $169,300 |
| 2023 | $6,433 | $169,300 |
| 2022 | $6,433 | $169,300 |
| 2021 | $6,433 +1% | $169,300 |
| 2020 | $6,367 +37.4% | $169,300 |
| 2019 | $4,633 | $169,300 |
| 2018 | $4,633 -20.5% | $169,300 |
| 2017 | $5,824 +4% | $169,300 |
| 2016 | $5,602 +6.7% | $169,300 |
| 2015 | $5,250 +5% | $169,300 |
| 2014 | $4,999 +21.2% | $169,300 |
| 2013 | $4,125 +3.7% | $169,300 +41.7% |
| 2012 | $3,977 +4.7% | $119,500 |
| 2011 | $3,800 +16.1% | $119,500 |
| 2010 | $3,273 +5.4% | $119,500 |
| 2009 | $3,106 +4.4% | $119,500 |
| 2008 | $2,976 | $119,500 |
| 2007 | $2,976 | $119,500 |
| 2006 | -- | $119,500 |
| 2005 | -- | $119,500 |
| 2004 | $2,581 | $119,500 |
| 2003 | -- | $119,500 +976.6% |
| 2002 | -- | $11,100 |
| 2001 | -- | $11,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Fairmount
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