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Multifamily Property
New
For Sale
$999,999

257 S 7Th St, Newark, NJ 07103

A newly built residential income property in Newark, with strong walkability and transit access.

Property SizeContact for details
Days on Market2

Property Features for 257 S 7Th St

General Information

Standard status Active
Property subtype Multi Family

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,075

Building Details

Year Built 2026
Units 2
Listing Agency: NJ Metro Group LLC
Listed By: BRENDAN DASILVA · License #1753996
Source: Elliman
Added: Sep 26 Last Checked: Sep 26 at 3:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NJ Metro Group LLC

Investment Insights

Based on property information with market context.

This multifamily property at 257 S 7th St in Newark was built in 2026. Walk Score is 88, indicating a walkable setting, while Transit Score is 75 and Bike Score is 52. The property is classified as multifamily.

Key Highlights

  • Built in 2026
  • Walk Score of 88; Very Walkable
  • Transit Score of 75; Excellent Transit

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Acupuncture Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,627
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - A newly built residential income property in Newark, with strong walkability and transit access.
Where is this multifamily property located?
The property is located at 257 S 7Th St Newark, NJ.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Built in 2026; Walk Score of 88; Very Walkable; Transit Score of 75; Excellent Transit
More about this property
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