This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$499,900 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
INVESTMENT OPPORTUNITY! 126 S 7th St is a two-family property offering two spacious 4-bedroom, 2-bath units, making this an attractive opportunity for investors seeking a multi-family rental property. The property's two-unit configuration provides flexibility for an investor, owner-occupant, or buyer looking to build a residential investment portfolio. The generous 4-bedroom layouts offer potential for strong tenant appeal, while the property presents an opportunity to renovate, modernize, and add value. Ideal for investors seeking a value-add property, rental income opportunity, or long-term real estate investment. Conveniently located near transportation, shopping, schools, and major roadways. Property is being sold AS-IS. Buyer is responsible for conducting their own due diligence regarding property condition, zoning, permits, rental requirements, and potential uses.
Full Property Details
Full Property Details for 126 S 7th St
General
- Price: $499,900
- Taxes: $6,770 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4057554
- Updated: 10/7/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 8
Parking
- Garage Description: None
Location
- County: Essex
- Driving Directions: 12th Ave. to S. 7th St.
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: See Remarks
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Asphalt Shingles
- Year Built: 1902
Unit Information
Unit 1
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 4
Unit 2
- Unit Description: Bedrooms, Kitchen, Living/Dining Room
- Levels/Stories: 1
- Total Bathrooms: 2
- Bedrooms: 4
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 25 x 125
- Driveway/Sidewalk: None
Financial Considerations
- Assessment Amount: $135,500
- Land Assmt: $33,800
- Tax Amount: $6,770
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Personal Property
- Block: 1810
- Lot Number: 44
Listed by Re/Max Professionals I
Get Pre-Approved Today
Schools
Schools serving 126 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 ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 126 S 7th St
Date
Details
Price
Change
Source
10/07/2026
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 126 S 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,770
7%
$169,300
—
2022
$6,325
—
$169,300
—
2021
$6,322
33%
$169,300
—
2021
$4,766
-25%
$169,300
—
2019
$6,367
2%
$169,300
—
2018
$6,252
4%
$169,300
—
2017
$6,027
3%
$169,300
—
2016
$5,824
4%
$169,300
—
2015
$5,602
12%
$169,300
—
2013
$4,999
—
$169,300
—
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 126 S 7th St
126 S 7th St, Newark, NJ 07107 (MLS# 4057554) is a Multi-Family property with 2 units containing 8 bedrooms and 2 full bathrooms. 126 S 7th St is currently listed for $499,900 and was received on October 07, 2026. Want to learn more about 126 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.

