295 S 7th St, Newark, NJ 07103 - Photo 1

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$795,000

For Sale
Active
Multi-Family
12 Total Beds

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Property Description

This gem is the perfect addition to your investment portfolio with this rare multi-family property featuring two separate structures on one expansive lot. The front building offers a three-family layout, while the rear structure houses an additional two-unit structure, providing a total of five units. Four units are currently occupied with stable tenants, generating immediate income. One unit requires rehab, offering value-add potential for increased future returns. Equipped with seperate utilities and a large fenced in yard. Perfect for a seasoned investor or buyer searching for their first multi-family acquisition. This property delivers strong cash flow, upside potential, and long-term stability. Close to mass transportation making a commute into Downtown Newark and into NYC a breeze. Minutes to Rutgers Hospital, Rutgers Newark and NJIT.

Full Property Details

Full Property Details for 295 S 7th St

General

Price: $795,000
Taxes: $10,880 (2024)
Status: Active
Type: Multi-Family
Source: Garden_State
MLS ID: 4001324
Updated: 12/19/2025
Added to Site: 37 day(s) ago

Interior

Number of Rooms: 20
Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

Total Bathrooms: 5
Full Bathrooms: 5

Bedrooms

Total Bedrooms: 12

Exterior

Exterior Features: Carriage House, Open Porch(es), Privacy Fence, Storm Window(s)

Location

County: Essex
Driving Directions: 14TH Avenue to South 7th

Heating & Cooling

Cooling Type: Window A/C(s)
Heating Type: 4+ Units
Heating Fuel: Electric, Natural Gas
Water Heater: Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Natural Gas, Cable TV Available

Structural Information

Architectural Style: Fourplex, See Remarks
Exterior Const.: Vinyl Siding
Basement: Yes
Basement Desc.: Unfinished
Roof: Asphalt Shingles
Year Built: 9999

Unit Information

Unit 1

Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 2

Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 3

Unit 3

Unit Description: Bedrooms, Eat-In Kitchen, Living Room
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 2

Unit 4

Unit Description: Bedrooms, Eat-In Kitchen, Living Room
Levels/Stories: 1
Total Bathrooms: 1
Bedrooms: 2

Lot Features

Lot Size (Acres): 0.11
Lot Dimensions: 56.10 x 86.4
Driveway/Sidewalk: None, On-Street Parking
Lot Description: Corner

Financial Considerations

Expenses: Cold Water, Insurance, Maintenance, Taxes
Operating Expenses: $9,999
Assessment Amount: $253,100
Land Assmt: $33,000
Tax Amount: $10,880
Tax Year: 2024

Disclosures and Reports

Disclosures: Yes
Block: 269
Lot Number: 17

Listed by MONARCH REALTY & ASSOCIATES

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— 295 S 7th St —

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908-312-3095

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Schools

Schools serving 295 S 7th St

School District:Newark City School District

Name	Grades	Distance
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103	PK-8	0.2 mi
Harriet Tubman Elementary School 504 South 10th Street, Newark, NJ 07103	PK-4	0.3 mi
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103	5-8	0.3 mi
West Side High School 403 South Orange Avenue, Newark, NJ 07103	9-12	0.4 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	0.7 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	1.4 mi
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	0.5 mi
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103	K-4	0.7 mi
Fourteenth Avenue Elementary School 26 Speedway Avenue, Newark, NJ 07106	K-4	0.8 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 295 S 7th St Get Price Alerts and Save Property

Date

Details

Price

Change

Source

12/11/2025

Listed

$795,000

190.15%

MLS

5/30/2019

Sold

$274,000

—

Public Record

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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 295 S 7th St

Year

Property Taxes

Change

Tax Assessment

Change

2024

$10,880

$286,100

—

2022

$10,689

—

$286,100

—

2021

$10,683

-2%

$286,100

—

2020

$10,872

$286,100

—

2019

$10,760

$286,100

—

2018

$10,566

$286,100

—

2017

$10,185

$286,100

—

2016

$9,842

$286,100

—

2015

$9,467

12%

$286,100

—

2013

$8,449

—

$286,100

—

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 295 S 7th St

295 S 7th St, Newark, NJ 07103 (MLS# 4001324) is a Multi-Family property with 4 units containing 12 bedrooms and 5 full bathrooms. 295 S 7th St is currently listed for $795,000 and was received on December 11, 2025. Want to learn more about 295 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.

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295 S 7th St Newark, NJ 07103

Full Property Details for 295 S 7th St

General

Interior

Rooms

Bathrooms

Bedrooms

Exterior

Location

Heating & Cooling

Utilities

Structural Information

Unit Information

Unit 1

Unit 2

Unit 3

Unit 4

Lot Features

Financial Considerations

Disclosures and Reports

Quickly Find Out More

Quickly Find Out More

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Schools serving 295 S 7th St

Price & Sales History for 295 S 7th St Get Price Alerts and Save Property

Tax History for 295 S 7th St

Estimate the Cost for 295 S 7th St

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