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$799,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 10 Total Beds
  • 3 Car Garage
  • Updated 1 day ago
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Beautifully renovated three-family residence offering approximately 3,475 square feet of living space in Newark's West Side section, featuring a projected 9.3% cap rate an excellent opportunity for investors seeking strong rental income and return potential. Annual property taxes are approximately $7,438. Hardwood floors and modern kitchens with stainless steel appliances throughout. First floor: Three bedrooms, living room, bonus room, kitchen and one full bath. Full walkout basement: Rec room, sitting area and full bath, with private access from the rear of the home. Second floor: Three bedrooms, living room, kitchen and two full baths. Third floor: Three bedrooms, living room, kitchen and one full bath. Five full baths in total. Separate utilities allow for streamlined expense management. A shared driveway leads to a detached three-car garage, an exceptional feature rarely found in the area. Ideal for investors or owner-occupants looking to live in one unit while renting the others. Conveniently located near The Ironbound, schools, public transportation, shopping and major highways, with easy access to downtown Newark and NYC. Down payment assistance, FHA 100% financing and financing with as little as 3.5%-5% down on 2"4 family properties may be available to qualified buyers, subject to lender approval. Schedule your appointment today before this opportunity is gone!

Full Property Details for 63 S 7th St

General

  • Price: $799,000
  • Taxes: $7,438 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4058191
  • Updated: 10/10/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 15
  • Interior Features: Carbon Monoxide Detector, Chandelier, Fire Alarm Sys, Smoke Detector, Tile Floors, Vinyl-Linoleum Floors, Wood Floors

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 10

Exterior

  • Exterior Features: Metal Fence

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: From Garden State Parkway take exit 145 to I-280 east. use GPS

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units, Radiators - Hot Water, Radiators - Steam
  • 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-Partially, Full, Walk-Out
  • Roof: Flat
  • Square Feet: 3,475
  • Year Built: 1910
  • Remodeled/Updated: 2026

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom, Rec Room
  • Square Feet: 1158
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 4

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Pantry, Master Bedroom
  • Square Feet: 1158
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Den, Eat-In Kitchen, Living Room, Pantry
  • Square Feet: 1158
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 26.3 x 100
  • Driveway/Sidewalk: Blacktop, Driveway-Shared

Financial Considerations

  • Assessment Amount: $154,600
  • Land Assmt: $31,400
  • Tax Amount: $7,438
  • Tax Year: 2025

Disclosures and Reports

  • Exclusions: Personal property- alarm system
  • Disclosures: Yes
  • Block: 1829
  • Lot Number: 23

Listed by Exp Realty, Llc

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Listing agent

— 63 S 7th St —

  • Exp Realty, Llc

973-931-8869

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 63 S 7th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
10/10/2026
Listed
$799,000
45.27%
MLS
7/25/2025
Sold
$550,000
—
Public Record
Get Price Alerts and Save Property
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 for 63 S 7th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,438
7%
$186,000
—
2023
$6,934
—
$186,000
—
2022
$6,949
—
$186,000
—
2021
$6,945
33%
$186,000
—
2021
$5,236
-24%
$186,000
—
2018
$6,869
4%
$186,000
—
2017
$6,622
4%
$186,000
—
2016
$6,398
4%
$186,000
—
2015
$6,155
-12%
$186,000
—
2019
$6,995
21%
$186,000
—
2014
$5,768
—
$186,000
—
View All
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 for 63 S 7th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Exp Realty, Llc

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63 S 7th St, Newark, NJ 07107 (MLS# 4058191) is a Multi-Family property with 3 units containing 10 bedrooms and 5 full bathrooms. 63 S 7th St is currently listed for $799,000 and was received on October 10, 2026. Want to learn more about 63 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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