Under contract

$599,000

323 N 7Th St, Newark City, NJ 07107

4beds

1,876sqft

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Multi Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$319/sqft

$-- HOA

What's special

Natural lightFunctional layoutsGenerous living space

Welcome to 323 N 7th St, a spacious multi-family property offering strong rental potential in the heart of Newark. 4 Bedrooms 3 Baths including finished Basement. This well-maintained home features multiple units, each with generous living space, natural light, and functional layouts perfect for both owner occupants and investors. Located in a convenient neighborhood, the property is close to local shops, schools, parks and public transportation, with easy access to major highways and just minutes from downtown Newark. Whether you are looking to expand your portfolio or live in one unit while generating income from the others, this property is a smart investment with long-term upside.

306 days

8

0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Heating

2 Units, Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Dryer, Washer

Features

Bedrooms, Eat-in Kitchen, Kitchen, Living/Dining Room, Pantry, Storage, Eat-In Kitchen, Family Room
Basement: Yes,Finished
Has fireplace: No

Interior area

Total structure area: 1,876
Total interior livable area: 1,876 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Car Width
Uncovered spaces: 1

Accessibility

Accessibility features: Handicap Modified

Features

Levels: 3-Three Story
Stories: 3

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614019350000000520000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl Siding
Roof: Asphalt Shingle

Condition

Year built: 1900

Utilities & green energy

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

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $319/sqft
Tax assessed value: $124,900
Annual tax amount: $4,749
Date on market: 9/3/2025
Total actual rent: 1417
Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
12/23/2025	Listed for sale	$599,000$319/sqft
Source: eXp Realty #25031777 Report a problem
10/31/2025	Pending sale	$599,000$319/sqft
Source: GSMLS #3984458 Report a problem
9/3/2025	Listed for sale	$599,000+172.3%$319/sqft
Source: GSMLS #3984458 Report a problem
11/3/2016	Sold	$220,000+0.5%$117/sqft
Source: GSMLS #3288773 Report a problem
8/31/2016	Pending sale	$219,000$117/sqft
Source: ROCK NJ, REALTORS #3288773 Report a problem
8/31/2016	Listed for sale	$219,000+157.6%$117/sqft
Source: ROCK NJ, REALTORS #3288773 Report a problem
9/30/2015	Sold	$85,000-5.6%$45/sqft
Source: GSMLS #3219858 Report a problem
5/7/2015	Listed for sale	$90,000$48/sqft
Source: RE/MAX Quality Homes #1517058 Report a problem
3/27/2015	Listing removed	$90,000$48/sqft
Source: RE/MAX Quality Homes #1309962 Report a problem
1/14/2015	Listed for sale	$90,000$48/sqft
Source: RE/MAX Quality Homes #1309962 Report a problem
11/19/2014	Listing removed	$90,000$48/sqft
Source: RE/MAX Quality Homes #1309962 Report a problem
7/12/2014	Price change	$90,000-10%$48/sqft
Source: RE/MAX Quality Homes #1309962 Report a problem
4/6/2014	Price change	$100,000-8.3%$53/sqft
Source: RE/MAX Quality Homes #1309962 Report a problem
1/8/2014	Listed for sale	$109,000-61.8%$58/sqft
Source: RE/MAX Quality Homes #1309962 Report a problem
9/11/2009	Sold	$285,000+9.6%$152/sqft
Source: Public Record Report a problem
8/15/2006	Sold	$260,000+18.1%$139/sqft
Source: Public Record Report a problem
8/19/2004	Sold	$220,150+300.3%$117/sqft
Source: Public Record Report a problem
4/30/1999	Sold	$55,000-64.5%$29/sqft
Source: Public Record Report a problem
9/13/1996	Sold	$155,000$83/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$4,995 +5.2%	$124,900
2024	$4,750 +0.1%	$124,900
2023	$4,746	$124,900
2022	$4,746	$124,900
2021	$4,746 +1%	$124,900
2020	$4,697 +37.4%	$124,900
2019	$3,418	$124,900
2018	$3,418 -20.5%	$124,900
2017	$4,297 +4%	$124,900
2016	$4,133 +6.7%	$124,900
2015	$3,873 +5%	$124,900
2014	$3,688 -34.5%	$124,900
2013	$5,630 +3.7%	$124,900 -23.4%
2012	$5,428 +4.7%	$163,100
2011	$5,187 +16.1%	$163,100
2010	$4,467 +5.4%	$163,100
2009	$4,239 +4.4%	$163,100
2008	$4,061	$163,100
2007	$4,061	$163,100
2006	--	$163,100
2005	--	$163,100
2004	$3,523	$163,100
2003	--	$163,100 +1653.8%
2002	--	$9,300
2001	--	$9,300

Find assessor info on the county website

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HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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