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385 S 20Th St

Newark City, NJ 07103
  • $899,999
  • STATUS: Active Under Contract
  • ON SITE: 50 Days
  • MLS #: 4006139
Under Contract
UPDATED: 58 min ago
$899,999
  • 12
    BEDS
  • 0.09
    ACRES
  • 8
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1900
County:
Area:

School Ratings & Info

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.

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Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-12T17:49:06.513.
www.srrealestategroup.com/homes/172331354
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385 S 20Th St Newark City, NJ 07103

  • Price: $899,999
  • Status: Active Under Contract
  • On Site: 50 Days
  • Updated: 58 min ago
  • MLS #: 4006139
12
Beds
8
Baths
0
½ Baths
0.09
Acres
1900
Built
County:
Essex
Area:
Newark City
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.
Exterior Features

Approximate Lot Size 41X100 Exterior Description BrickVinyl Siding Exterior Features See Remarks Number Of Parking Spaces 0 Parking Driveway Description On-Street Parking Roof Description Flat

Interior Features

Basement Yes Basement Description Full Cooling Window A/C(s) Heating 4+ UnitsForced Hot Air Interior Features Carbon Monoxide DetectorFire ExtinguisherSmoke Detector Total Number Of Rooms 16 Unit1 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit1 Baths 2.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified No Unit1 Levels 2 Unit1 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit1 Rooms 5 Unit1 Security Deposit 999999 Unit1 Sq Ft 999 Unit2 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit2 Baths 2.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 2 Unit2 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 999 Unit3 Baths 2.0 Unit3 Bedrooms 3 Unit3 Fireplaces 0 Unit3 Levels 2 Unit3 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit3 Rooms 5 Unit3 Sq Ft 999 Unit4 Appliances Equipment Carbon Monoxide DetectorRange/Oven - GasRefrigeratorSmoke Detector Unit4 Baths 2.0 Unit4 Bedrooms 3 Unit4 Fireplaces 0 Unit4 Levels 2 Unit4 Room Description BedroomsEat-In KitchenLiving RoomMaster Bedroom Unit4 Rooms 5 Unit4 Sq Ft 999

Property Features

Assessment Total 311300 Building Assessment 288800 Easement Unknown Exclusions All personal and tenants' property Fha Age Restricted No Fuel Type Gas-Natural Gross Operating Income 99999 Land Assessment 22500 Net Operating Income 99999 Renovated Year 2020 Sewer Public Sewer Tax Amount 11838 Tax Rate Amount 3.803 Tax Rate Year 2025 Tax Year 2024 Total Operating Expense 99999 Unit Style 2-Two StoryDuplex-Side by Side Unit1 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit1 Rent 999 Unit2 Handicap Modified No Unit2 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit2 Rent 999 Unit2 Security Deposit 999999 Unit3 Handicap Modified No Unit3 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit3 Rent 999 Unit3 Security Deposit 999999 Unit4 Handicap Modified No Unit4 Owner Tenant Pays Owner Pays WaterTenant Pays ElectricTenant Pays GasTenant Pays Heat Unit4 Rent 999 Unit4 Security Deposit 999999 Utilities All Underground Water Public Water Year Built Description Approximate

Listing information © 2026 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 718-216-1932.


Garden State MLS logo © 2026 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Christie's International Real Estate Group. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Christie's International Real Estate Group are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-03-12T17:49:06.513.
 
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Summit NJ, 07901