Date
Details
Price
Change
Source
9/07/2026
Listed
$799,999
—
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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$799,999 Just Listed
Property Description
Spacious 7-Bedroom Multi investment home with Finished Basement in North Newark! This is an AS-IS Sale Buyer has to get the COWelcome to a rare finding in North Newark! This massive residence offers seven spacious bedrooms, three full bathrooms, and one half-bath?delivering the space, layout, savvy investor searches for.Key Features:Unmatched Space: 7 generous bedrooms spread across multiple levels, offering endless options for home offices, guest rooms.3.5 Bathrooms: Say goodbye to morning bathroom rush hour. A fully finished basement ready for a recreation room, home gym, theater, or extra storage.Prime Location: Situated on the very same street as a local school, making morning drop-offs seamless and stress-free.While the home retains classic features ready for your personal modern updates, it boasts solid bones, an expansive floor plan, and incredible potential to build instant equity. Bring your vision and make this North Newark gem your own! Schedule your tour today before it?s gone.the basement, first fl and third fl will be vacant at closing. the only apartment that will be occupies is the 2nd fl tenants. this is an AS IS sale. the seller will not be making updates and will not be giving any credits. the Buyer will have to take care of CO for the home
Full Property Details
Full Property Details for 581 N 7th St
General
- Price: $799,999
- Taxes: $7,842 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4050899
- Updated: 9/8/2026
- Added to Site: 1 day(s) ago
Interior
- Number of Rooms: 12
- Interior Features: Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 3
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 7
Exterior
- Exterior Features: Privacy Fence
Location
- County: Essex
- Driving Directions: Coming from Bloomfield Ave make a right onto North 7th st
School Information
- Elementary School: 1ST AVE
- Middle School: W HORTON
- High School: BARRINGER
Heating & Cooling
- Cooling Type: No Cooling
- Heating Type: 3 Units, Baseboard - Hotwater
- Heating Fuel: Natural Gas
- Water Heater: 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.: Finished, Walk-Out
- Roof: Asphalt Shingles, Flat
- Year Built: 1929
- Remodeled/Updated: 1985
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Square Feet: 1000
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Living Room
- Square Feet: 1200
- Levels/Stories: 2
- Total Bathrooms: 1
- Bedrooms: 3
Unit 3
- Unit Description: Attic, Bedrooms, Eat-In Kitchen, Living Room
- Square Feet: 900
- Levels/Stories: 3
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25 x 100
- Driveway/Sidewalk: 1 Car Width
Financial Considerations
- Expenses: Gas, Hot & Cold Water
- Operating Expenses: $6,000
- Assessment Amount: $151,000
- Land Assmt: $45,100
- Tax Amount: $7,842
- Tax Year: 2025
Disclosures and Reports
- Block: 596
- Lot Number: 18
Listed by Realty One Group Lifestyle Homes
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We Value Your Privacy
We Value Your Privacy
Listing agent
— 581 N 7th St —
Realty One Group Lifestyle Homes
848-448-9582
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Price & Sales History for 581 N 7th St
Tax History
Tax History for 581 N 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,842
7%
$196,100
—
2023
$7,311
—
$196,100
—
2022
$7,326
—
$196,100
—
2021
$7,322
33%
$196,100
—
2021
$5,520
-24%
$196,100
—
2018
$7,242
4%
$196,100
—
2017
$6,981
3%
$196,100
—
2016
$6,746
-9%
$196,100
—
2019
$7,375
14%
$196,100
—
2015
$6,489
12%
$196,100
—
2013
$5,791
—
$196,100
—
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 581 N 7th St
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Listed by Keller Williams - Nj Metro Group
Sold by Paula Matos
Sold by Paula Matos
581 N 7th St, Newark, NJ 07107 (MLS# 4050899) is a Multi-Family property with 3 units containing 7 bedrooms, 3 full bathrooms and 1 partial bathroom. 581 N 7th St is currently listed for $799,999 and was received on September 07, 2026. Want to learn more about 581 N 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.