A new and distinct cultivar of Red Bayberry, botanically known as Myrica rubra, and hereinafter referred to by the name ‘N1MR07’ is described. N1MR07 produces fruit having improved sweetness, a good sugar:acid ratio, a palatable low resin taste along with uniform fruit size and colour. N1MR07 has the following traits: mean fruit diameter is 22.3 mm mean fruit weight is 7.15 g fruit colour is red mean fruit flesh total soluble solids (an indicator of sweetness) is 12.4° Brix mean fruit flesh titratable acidity is 1.08% and fruit harvest season in the southern hemisphere is mid-late November.