Property
Newark City, NJ 07103 727 S 20Th St
$400,000
OPEN HOUSE Wed, Oct 02 2024 4:00 PM - 6:00 PM
OPEN HOUSE Sat, Oct 05 2024 1:00 PM - 3:00 PM
17 more
Presented By: SIGNATURE REALTY NJ; 973-855-2645
Beds • 6
Baths • 2
Home Details
Welcome to a prime investment opportunity in Newark, NJ! This multi-family property, with two legal units, holds enormous potential for investors. With some updates, this property can become a cash-flow powerhouse. Prime multi-family property features 6 bedrooms and 2 bathrooms. Very spacious master bedroom for tenant's comfort! Master bedroom also comes with an office that can be converted into a walk in closet! This property is ideal for investors who are looking for substantial rental income or savvy homebuyers looking to house hack. Only 30 minutes from NYC. Don't miss the chance to add this property to your portfolio. This multi-family qualifies for NJ's $22,000 down payment assistance and No Money Down mortgage programs.
Presented By: SIGNATURE REALTY NJ; 973-855-2645
Interior Features for 727 S 20Th St
Bedrooms
Total Bedrooms6
Unit 1 Beds Total3
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1000
Unit 2 Sq Ft1000
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedYes
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedYes
Unit 1 Appl/EquipCeiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCeiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator
BasementUnfinished
Fuel TypeOil Tank Below Ground
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms6
Unit 1 Room DescriptionEat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Unit 2 Room DescriptionEat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
General for 727 S 20Th St
Architectural Style2-Two Story
CoolingWall A/C Unit(s)
CountyEssex
Days on Market95
DirectionsGoogle Maps
DriveSee Remarks
EasementNo
Full Baths2
Gross Income
Heating1 Unit
Net Operating Income
NumberOfUnitsTotal2
Open Parking Spaces
Operating Expense
PossessionASAP
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount4727
Tax Assessed Value126800
Tax Lot30
Tax Year2023
Total Rooms11
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1908
Exterior for 727 S 20Th St
Exterior DescriptionAluminum Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Ebonie Clerier
Associate