Date
Details
Price
Change
Source
2/11/2026
Listed
$549,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$549,900
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Property Description
Amazing 2 family opportunity! Fully renovated with 3 floors of living space, this turn-key multi family property offers high rental income potential for both owner occupant or investor. The first floor unit includes 3 bedrooms, living room, eat-in kitchen, full bathroom, and en-suite laundry. The 2nd unit is a multi floor space with 5 total bedrooms and 2 full renovated bathrooms, eat-in kitchen, living room, and en suite laundry. 2nd unit also include a cozy back porch that's perfect for relaxing. There is also a bonus office space on the 3rd floor! The basement is clean, freshly painted and ready to be finished. Recent updates include fully repainted interior, refinished floors, updated kitchens and baths, new central forced air heat, clean and painted basement, updated plumbing and electrical, and a refreshed exterior.
Full Property Details
Full Property Details for 120 S 7th St
General
- Price: $549,900
- Taxes: $10,488 (2024)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4009184
- Updated: 2/11/2026
- Added to Site: 9 day(s) ago
Interior
- Number of Rooms: 13
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: Central Ave West, Left on S 7th st
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Unfinished
- Roof: Asphalt Shingles
- Year Built: 1917
- Remodeled/Updated: 2026
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room
- Square Feet: 999
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Kitchen, Laundry Room, Living Room, Storage
- Square Feet: 999
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 5
Lot Features
- Lot Size (Acres): 0.08
- Lot Dimensions: 29 x 118
- Driveway/Sidewalk: None
Financial Considerations
- Operating Expenses: $999
- Assessment Amount: $242,500
- Land Assmt: $33,300
- Tax Amount: $10,488
- Tax Year: 2024
Disclosures and Reports
- Disclosures: Yes
- Block: 1810
- Lot Number: 47
Listed by Re/Max Select
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Listing agent
— 120 S 7th St —
Re/Max Select
973-739-8008
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Schools
Schools serving 120 S 7th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.2 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.6 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.9 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 0.5 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 1 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 1.1 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.1 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 1.7 mi |
Oliver Street Elementary School 86 Oliver Street, Newark, NJ 07105 | PK-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 120 S 7th St
Tax History
Tax History for 120 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,489
66%
$275,800
63%
2022
$6,329
—
$169,400
—
2021
$6,325
33%
$169,400
—
2021
$4,769
-25%
$169,400
—
2019
$6,371
2%
$169,400
—
2018
$6,256
8%
$169,400
—
2017
$5,781
4%
$169,400
—
2016
$5,577
4%
$169,400
—
2015
$5,355
7%
$169,400
—
2013
$5,002
—
$169,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 120 S 7th St
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120 S 7th St, Newark, NJ 07107 (MLS# 4009184) is a Multi-Family property with 2 units containing 8 bedrooms and 3 full bathrooms. 120 S 7th St is currently listed for $549,900 and was received on February 11, 2026. Want to learn more about 120 S 7th St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.