Active

Price cut: $25K (10/27)

$899,999

257 S 7Th St, Newark City, NJ 07103

7beds

4,000sqft

$6,291/mo

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Multi Family

Built in 2026

-- sqft lot

$907,200 Zestimate^®

$225/sqft

$-- HOA

What's special

Modern finishesContemporary finishesCathedral ceilingsThoughtful details throughoutImpressive scale

This is not your typical new construction! Thoughtfully designed and custom built from the ground up, this expansive 7-bedroom, 5-bathroom home offers approximately 4,000 sq. ft. of living space with impressive scale, modern finishes, and thoughtful details throughout. From the moment you walk in, you'll notice the difference with generous living areas, contemporary finishes, multiple bedrooms, and a versatile layout designed for both everyday living and entertaining. Brand new, never lived in, and completely move-in ready. Come turn this house into a home before someone else does! The second floor unit has exposed ductwork and cathedral ceilings. Every floor has their own laundry room, including the group floor (3 laundries, 2 kitchens and 1 wet bar on the ground floor). The home offers 5 year tax abatement, 30 year rent control exemption, as well as a 10 year new home warranty!

37 days
931
56

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 5
Full bathrooms: 5

Heating

2 Units, Natural Gas

Cooling

2 Units

Appliances

Included: See Remarks
Laundry: Laundry Room

Features

Kitchen, Living Room
Basement: None
Has fireplace: No

Interior area

Total structure area: 4,000
Total interior livable area: 4,000 sqft

Property

Parking

Total spaces: 2
Parking features: 1 Car Width, Attached Garage, Built-In Garage
Attached garage spaces: 1
Uncovered spaces: 2

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 3,049 Square Feet
Dimensions: 30 x 100

Details

Parcel number: 1614017800000000310000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Stone, Vinyl Siding
Roof: Flat

Condition

Year built: 2026

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $225/sqft
Tax assessed value: $26,900
Annual tax amount: $1,075
Date on market: 9/24/2026
Total actual rent: 19998
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas

Estimated market value

$907,200

$862,000 - $953,000

$2,004/mo

Price history

Date	Event	Price
10/27/2026	Price change	$899,999-2.7%$225/sqft
Source: NJMLS #26036862 Report a problem
10/12/2026	Price change	$925,000-7.5%$231/sqft
Source: GSMLS #4054957 Report a problem
9/24/2026	Listed for sale	$999,999+412.8%$250/sqft
Source: GSMLS #4054957 Report a problem
9/10/2025	Sold	$195,000-25%$49/sqft
Source: Public Record Report a problem
10/7/2021	Sold	$260,000$65/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,076 +5.2%	$26,900
2024	$1,023 +0.1%	$26,900
2023	$1,022	$26,900
2022	$1,022	$26,900
2021	$1,022 +1%	$26,900
2020	$1,012 +103.7%	$26,900
2019	$497	$26,900
2018	$497 -46.3%	$26,900
2017	$925 +4%	$26,900
2016	$890 +6.7%	$26,900
2015	$834	$26,900