Newark City, NJ 07103,385 S 20Th St
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$899,999
Est. payment /mo
12 Beds
8 Baths
3,996 SqFt
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Sat Jan 24, 1:00pm - 4:00pm

Sun Jan 25, 1:00pm - 4:00pm

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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,996 sqft

Price per Sqft $225

MLS Listing ID 4006139

Style 2-Two Story, Duplex-Side by Side

Bedrooms 12

Full Baths 8

Year Built 1900

Annual Tax Amount $11,838

Tax Year 2024

Lot Size 3,920 Sqft

Property Description

Renovated in 2020, this well-maintained 4-unit multifamily property is a fantastic opportunity for both investors and owner-occupants. Each unit features updated cabinets and countertops, along with newer flooring throughout. The building has been thoughtfully refreshed to offer modern finishes while maintaining strong rental appeal. One unit is currently vacant, providing the perfect opportunity for an owner-occupant or for an investor to place a new tenant at market rent. The remaining units are income-producing, making this a solid cash-flow opportunity in a high-demand Newark location. Conveniently located near major transportation, shopping, and local amenities. Ideal for investors seeking a turnkey asset or buyers looking to live in one unit while generating rental income.

Location

State NJ

County Essex

Rooms

Basement Full

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Heating Gas-Natural

Cooling 4+ Units, Central Air

Heat Source Gas-Natural

Exterior

Exterior Feature Brick, Vinyl Siding

Utilities Available All Underground

Roof Type Flat

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story, Duplex-Side by Side

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by KELLER WILLIAMS REALTY
Jason Freeby

Jason Freeby

Broker

+1(908) 443-1405

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385 S 20Th St