295 S 7th St

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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...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.
  1. Listed by KHADIJAH CAESAR • MONARCH REALTY & ASSOCIATES

Property Details for 295 South 7th Street

Directions
14TH Avenue to South 7th
Days On Market
36
LISTING UPDATED: 01/16/2026 04:41 PM

Property Details for 295 South 7th Street

StatusActive
MLS #4001324
Days on Market38
Taxes$10,880 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeFourplex
MLS TypeMulti Family / Fourplex
Year Built9999
Lot Size0.11 AC / 4,791 SF
CountyEssex County

Location

Listing Courtesy of MONARCH REALTY & ASSOCIATES, KHADIJAH CAESAR
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Building Information for 295 South 7th Street

Stories-Residences4Year Built9999Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$4,781 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,875

Property Taxes

$907

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 295 South 7th Street

Summary
Location and General Information
  • Address Included: Y
  • Active Days on Market: 36
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 269
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 295.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: S 7Th St
  • Zip Code: 07103-2463
  • Total Units: 4
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $10,880
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 286100.0
  • Tax ID For Property: 1614-00269-0000-00017-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: None, On-Street Parking
  • # Garage Spaces: 0
Property
Lot Information
  • Lot Description: Corner
  • Lot Identifier: 17
  • Approximate Lot Size: 56.10 X 86.4
  • Total Acres: 0.11
  • Construction Date/Year Built: 9999
Property and Assessments
  • Assessment Bldg: 253100.0
  • Assessment Land: 33000.0
  • Attorney Review in Progress: *
Utilities
  • Cooling: Window A/C(s)
  • Services: Cable TV Available
  • Utilities: Gas-Natural
  • Water: Public Water
  • Water Heater: Gas
  • Heating: 4 Units
  • Fuel Type: Electric, Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Vinyl Siding
  • Exterior Features: Carriage House, Open Porch(es), Privacy Fence, Storm Window(s)
Interior Features
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
  • Roof Description: Asphalt Shingle
  • Basement: Yes
  • Basement Description: Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1600.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Unit 1 Rooms: 5.0
  • Unit 1 Security Deposit: 1600.0
  • Unit 1 Sq Ft: 0.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1600.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
  • Unit 2 Rooms: 5.0
  • Unit 2 Security Deposit: 1600.0
  • Unit 2 Sq Ft: 0.0
Unit 3 Information
  • Unit 3 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 3 Baths: 1.0
  • Unit 3 Bedrooms: 2
  • Unit 3 Fireplaces: 0.0
  • Unit 3 Handicap Modified: No
  • Unit 3 Levels: 1.0
  • Unit 3 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
  • Unit 3 Rent: 1300.0
  • Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 3 Rooms: 3.0
  • Unit 3 Security Deposit: 1300.0
  • Unit 3 Sq Ft: 0.0
Unit 4 Information
  • Unit 4 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
  • Unit 4 Baths: 1.0
  • Unit 4 Bedrooms: 2
  • Unit 4 Fireplaces: 0.0
  • Unit 4 Handicap Modified: No
  • Unit 4 Levels: 1.0
  • Unit 4 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Gas, Tenant Pays Heat
  • Unit 4 Rent: 0.0
  • Unit 4 Room Description: Bedrooms, Eat-In Kitchen, Living Room
  • Unit 4 Rooms: 4.0
  • Unit 4 Security Deposit: 0.0
  • Unit 4 Sq Ft: 0.0
Multi-Family Information
  • Unit Style: Fourplex
Income & Expenses Information
  • Total Operating Expense: $9,999.00
  • Expenses Include: Cold Water, Insurance, Maintenance, Taxes
  • Net Operating Income: $9,999.00
  • Gross Operating Income: $9,999.00

Property History for 295 South 7th Street

DateEvent & SourcePriceAppreciation
Dec 11, 2025

Listed (Active)

GSMLS #4001324

$795,000
DateEvent & SourcePrice
12/11/2025

Listed (Active)

GSMLS #4001324

$795,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 295 South 7th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 3
Public - PK to 3
Public - PK to 5
Public - PK to 8
Rating
School
Distance
Sir Isaac Newton Elementary School
PublicPK to 3

Michelle Obama Elementary School
PublicPK to 3

East Ward Elementary School
PublicPK to 5

Harriet Tubman Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

295 South 7th Street is for sale in Newark, NJ 07103. This property was listed for sale on December 11, 2025 by MONARCH REALTY & ASSOCIATES, it's currently listed at $795,000. This listing's school district is The Newark Public School District. Nearby schools include Sir Isaac Newton Elementary School, Michelle Obama Elementary School and East Ward Elementary School. 295 South 7th Street is a 12-bed, 5-bath, built in 9999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MONARCH REALTY & ASSOCIATES, KHADIJAH CAESAR

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 01/18/2026 10:03 PM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 01/18/2026 10:03 PM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.