Under contract

$500,000

7 Mapes Ter, Newark, NJ 07112

6beds

3baths

--sqft

Est.:

Multi Family

Built in 1922

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Semi-private entrancesBackyard area with patio

Opportunity is knocking! Spacious 3 Family Home over 3 finished levels in thriving Newark is bursting with possibilities! An ideal rental property to add to your portfolio for easy supplemental income. The first floor unit offers 2 bedrooms, 1 full bath, a kitchen, living room, and separate dining room. Plenty of natural light all through. The 2nd floor unit offers 3 bedrooms, 1 full bath, a kitchen, living room and dining room. The third floor unit offers 1 bedroom, 1 full bath, and living area & kitchen. Full basement offers ample storage, utilities, and laundry facilities. Backyard area with patio is partially fenced-in for your privacy. Semi-private entrances, separate utilities, and a prime commuter location, just steps to the bus line, easy access to major roads, close to parks, shopping, dining, Newark Beth Isreal Medical Center, and more! Don't miss out! This could be the hidden gem you've been searching for!

30 days

3,797

169

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 3

Heating

Radiators-Hot Water

Cooling

Ceiling Fan(s)

Appliances

Included: Water Heater(Electric), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven)

Features

Unit 1(Dining Room, 2 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 2(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room), Unit 3(1 Bedroom, Kitchen, 1 Bath, Living Room)
Basement: Full, Utility Room

Interior area

Total structure area: 0

Property

Parking

Parking features: 3-4 Car Parking

Features

Stories: 3
Patio & porch: Patio
Exterior features: Patio, Curbs, Sidewalk, Fencing/Wall, Yard, Semi-Private Entry, Private Entrance
Fencing: Fencing/Wall

Lot

Size: 3,654.68 Square Feet
Dimensions: 102.00 x 35.00
Features: Near Shopping, Near Train, Near Public Transit

Details

Parcel number: 1403626000000022

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Asphalt

Condition

Year built: 1922

Utilities & green energy

Gas: Natural Gas
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Features: Curbs, Sidewalks

Location

Region: Newark

Financial & listing details

Tax assessed value: $167,600
Annual tax amount: $6,702
Date on market: 3/5/2026
Ownership: Fee Simple
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$2,626/mo

Price history

Date	Event	Price
3/24/2026	Pending sale	$500,000
Source: NJMLS #26006417 Report a problem
3/24/2026	Contingent	$500,000
Source: All Jersey MLS #2611410R Report a problem
3/5/2026	Listed for sale	$500,000+0%
Source: All Jersey MLS #2611410R Report a problem
5/21/2025	Listing removed	$499,999
Source: GSMLS #3930214 Report a problem
1/22/2025	Pending sale	$499,999
Source: NJMLS #24033808 Report a problem
1/21/2025	Listed for sale	$499,999
Source: NJMLS #24033808 Report a problem
1/10/2025	Pending sale	$499,999
Source: GSMLS #3930214 Report a problem
12/9/2024	Price change	$499,999-16.7%
Source: GSMLS #3930214 Report a problem
10/18/2024	Listed for sale	$600,000
Source: NJMLS #24033808 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,374	$167,600
2024	$6,374 +0.1%	$167,600
2023	$6,369	$167,600
2022	$6,369	$167,600
2021	$6,369 +1%	$167,600
2020	$6,303 +37.4%	$167,600
2019	$4,586	$167,600
2018	$4,586 -20.5%	$167,600
2017	$5,765 +4%	$167,600
2016	$5,546 +6.7%	$167,600
2015	$5,197 +5%	$167,600
2014	$4,949 +8.9%	$167,600
2013	$4,543 +3.7%	$167,600 +27.4%
2012	$4,380 +4.7%	$131,600
2011	$4,185 +16.1%	$131,600
2010	$3,605 +5.4%	$131,600
2009	$3,420 +4.4%	$131,600
2008	$3,277	$131,600
2007	$3,277	$131,600
2006	--	$131,600
2005	--	$131,600
2004	$2,843	$131,600
2003	--	$131,600 +783.2%
2002	--	$14,900
2001	--	$14,900