About this home

Welcome to 108 South 7th Street Newark , NJ where this brand new ground up Triplex boasting 5,204 SQ-FT spread across three level of living spaces. This spectacular three family property features six bathrooms and nine bedrooms open floor concept and laundry hookup on each floor. This income producing property offers separate gas, electric, and heat .Are you a first time home buyer or a savvy investor, well, this property should not evade your great judgement. The City of Newark is rapidly regaining its former glory and you do not want to regret the fact that you miss the opportunity to be part of its brighter future. A five years tax abatement and not forgetting a $20,000 sellers' credit towards buyers closing costs.

Facts and features

Schools

• Nelson Mandela Elementary School

  elementary · K-3 · 0.4 mi

• Provision of Promise Academy

  elementary · K-8 · 0.1 mi

• Thirteenth Avenue Elementary School

  elementary · K-8 · 0.2 mi

  3

• John F Kennedy

  high · 9-12 · 0.3 mi

• The Chad School/The Black Yout

  elementary · K-8 · 0.4 mi

• Bethany Christian Academy

  elementary · K-4 · 0.4 mi

Price history

• Nov 3, 2026 · Listed$1,049,900
• Jan 2, 2025 · Sold$400,000
• Jul 12, 2018 · Sold$135,000
• Jun 30, 2018 · Listing Removed$135,000
• Nov 16, 2017 · Listed$135,000
• Dec 13, 2016 · Listing Removed$1,000
• Dec 2, 2016 · Listed For Rent$1,000
• Oct 11, 2016 · Listing Removed$1,000

Tax history

• 2025$3,807 tax · $95,200 assessed
• 2024$3,620 tax · $95,200 assessed
• 2023$3,549 tax · $95,200 assessed
• 2022$3,556 tax · $95,200 assessed
• 2021$3,554 tax · $95,200 assessed
• 2020$3,617 tax · $95,200 assessed
• 2019$3,580 tax · $95,200 assessed
• 2018$3,515 tax · $95,200 assessed

Home value

$1,004,300

• Cotality$1,004,300
• Collateral Analytics$1,039,000
• Quantarium$586,847

Where it is