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Sold for $590,000
  • $590,000

    224-226 S 7th St, Newark, NJ 07103

    6beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $699,400 Zestimate®
    $--/sqft
    $1,690 Estimated rent

    Home value

    $699,400

    $657,000 - $748,000

    $1,690/mo

    Zestimate® history
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    $1,690/mo

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    $4,147/mo

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    What's special

    Major highwaysMajor medical campusHigh ceilingsHardwood floors throughoutDowntown newarkLg entry hallway
    DON'T MISS - IDEAL INVESTMENT OPPORTUNITY IN THE MIDST OF A RENAISSANCE in the "New" City of Newark! The right buyer will see this opportunity for renting and/or living in this up and coming area near University Hghts and Downtown Newark. This Lg 3 Fam home (with 5 Fam potential) has hardwood floors throughout. Lg open porch leads to a Lg entry hallway. All apartments feature uniquely lg rooms and high ceilings. 1st fl. boasts 2 spaces: 1 bdrm w/lg EI kit; and a possible studio w/kit or laundry rm/storage potential. 2nd fl is a 3-bdrm with lg EI kit and 3rd fl is a 1-bdrm w/lg rooms and kit. Full unfinished basement is a walkout, presenting add'l space for storage or for the savvy investor with vision to potentially convert into an add'l apartment. 4 car off str. parking. Blocks from a major medical campus, Universities, schools, hospitals, major highways, public transport, Downtown Newark, Penn Station NYC, and more! Buyer responsible for CO CCC etc

    Zillow last checked:

    Listing updated:

    Listed by:

    Dilip Luthra 609-716-8400,

    Realty Mark Central

    Bought with:

    Outside Agent

    Outside Office

    Source: NJMLS,MLS#: 23038268MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 4
    Appliances
    • Laundry: None

    Property

    Details
    • Parcel number: 1401779000000063

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: See Remarks

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    3/22/2024Sold$590,000+7.3%
    Source: NJMLS #23038268 Report a problem
    3/8/2024Pending sale$550,000
    Source: NJMLS #23038268 Report a problem
    12/30/2023Listed for sale$550,000+93%
    Source: NJMLS #23038268 Report a problem
    1/26/2012Sold$285,000
    Source: Public Record Report a problem
    4/29/2010Sold$285,000+90%
    Source: Public Record Report a problem
    8/31/2007Sold$150,000+18.1%
    Source: Public Record Report a problem
    5/23/2007Sold$127,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,309 +5.2%$257,800
    2024$9,804 +0.1%$257,800
    2023$9,796 $257,800
    2022$9,796 $257,800
    2021$9,796 +1%$257,800
    2020$9,696 +37.4%$257,800
    2019$7,055 $257,800
    2018$7,055 -20.5%$257,800
    2017$8,868 +4%$257,800
    2016$8,531 +6.7%$257,800
    2015$7,994 +5%$257,800
    2014$7,613 +220.8%$257,800 +261.6%
    2012$2,373 +4.7%$71,300
    2011$2,267 +16.1%$71,300
    2010$1,953 +5.4%$71,300
    2009$1,853 +4.4%$71,300
    2008$1,775 $71,300
    2007$1,775 $71,300
    2006-- $71,300
    2005-- $71,300
    2003-- $71,300 +300.6%
    2002-- $17,800
    2001-- $17,800

    Find assessor info on the county website

    Neighborhood: Fairmount

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $699,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $699,400