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Sold for $650,000
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  • $650,000

    504-506 N 7th St, Newark, NJ 07107

    4beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $651,900 Zestimate®
    $--/sqft
    $2,621 Estimated rent

    Home value

    $651,900

    $587,000 - $724,000

    $2,621/mo

    Zestimate® history
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    $4,576/mo

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    What's special

    Beautiful hardwood floorsPrivate yard areaSpacious rooms
    Welcome to 506 N 7th St in the heart of Newark a versatile 2-family home offering excellent investment potential or multigenerational living. The first floor is occupied by a long-term, reliable tenant, providing immediate rental income. The vacant second floor features beautiful hardwood floors, spacious rooms, 2 bedrooms, and exclusive access to a full walk-up attic, perfect for storage or future expansion possibilities.Outside, enjoy a 2-car detached garage and a private yard area. The property is ideally located near schools, shopping centers, houses of worship, and the world-famous Branch Brook Park, known for its cherry blossoms, walking trails, and year-round recreation. Commuters will appreciate the proximity to NJ Transit bus lines, light rail, and major highways, offering quick access to Downtown Newark, universities, and NYC.Whether you're an investor or an owner-occupant, 506 N 7th St delivers convenience, charm, and opportunity in one of Newark's most vibrant neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Nicholas Verdi 973-769-1009,

    Keller Williams City Views Realty

    Bought with:

    Nicholas Verdi

    Keller Williams City Views Realty

    Source: NJMLS,MLS#: 25041456MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Details
    • Parcel number: 1401967000000015

    Construction

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

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

    Community & HOA

    Location
    • Region: Newark

    Financial & listing details

    • Tax assessed value: $264,400
    • Annual tax amount: $10,555
    • Date on market: 11/20/2025
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    5/18/2026Sold$650,000
    Source: NJMLS #25041456 Report a problem
    12/4/2025Pending sale$650,000
    Source: NJMLS #25041456 Report a problem
    11/24/2025Listed for sale$650,000+66.7%
    Source: NJMLS #25041456 Report a problem
    3/16/2009Sold$390,000+1.3%
    Source: Public Record Report a problem
    7/20/2007Sold$385,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,573 +5.2%$264,400
    2024$10,055 +1.8%$264,400
    2023$9,878 +0.1%$264,400
    2022$9,873 +44.2%$264,400
    2021$6,848 +1%$264,400 +46.7%
    2020$6,777 +37.4%$180,200
    2019$4,931 $180,200
    2018$4,931 -20.5%$180,200
    2017$6,199 +4%$180,200
    2016$5,963 +6.7%$180,200
    2015$5,588 +5%$180,200
    2014$5,321 -19.9%$180,200 -9.8%
    2012$6,646 +4.7%$199,700
    2011$6,350 +16.1%$199,700
    2010$5,470 +5.4%$199,700
    2009$5,190 +4.4%$199,700
    2008$4,973 $199,700
    2007$4,973 $199,700
    2006-- $199,700
    2005-- $199,700
    2004$4,314 $199,700
    2003-- $199,700 +1336.7%
    2002-- $13,900
    2001-- $13,900
    Find assessor info on the county website

    Neighborhood: Upper Roseville

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $651,900
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $651,900