Property
Newark City, NJ 07108 18-20 Beverly St
$499,000
27 more
Presented By: EXP REALTY, LLC; 908-913-8708
Beds • 7
Baths • 3
Home Details
Fantastic 2-Family Investment Opportunity in Prime Newark Location! Discover this two-story multi-family property offering immediate income potential. Unit 1 features 2 bedrooms and 1 bath and is currently tenant-occupied, providing instant cash flow. Unit 2 boasts 3 spacious bedrooms, 2 full baths, a finished attic for extra living space, and is owner-occupied ideal for an owner-investor or easy to rent for maximum return. Added bonuses includes a driveway with parking. Enjoy an unbeatable location just minutes from major highways (I-78, Garden State Parkway), Newark Penn Station, Downtown Newark, universities, and schools perfect for commuters and tenants alike. Nearby shopping, restaurants, and public transportation add extra appeal. Whether you're a seasoned investor or a first-time buyer looking to house-hack, this property checks all the boxes: strong rental demand, convenience, and long-term appreciation potential. Don't miss out schedule your showing today! Strictly sold AS-IS. Buyer is responsible for the CO & Town certificates
Presented By: EXP REALTY, LLC; 908-913-8708
Interior Features for 18-20 Beverly St
Bedrooms
Total Bedrooms7
Unit 1 Beds Total2
Unit 2 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft900
Unit 2 Sq Ft1200
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent1260
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipRange/Oven - Gas
Unit 2 Appl/EquipRange/Oven - Gas
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms5
Unit 1 Rooms4
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
General for 18-20 Beverly St
Architectural Style2-Two Story
CoolingCeiling Fan
CountyEssex
DirectionsFrom I-78, take Exit 56 toward Clinton Ave. Turn left on Clinton Ave, right on Irvine Turner Blvd, then left on Beverly St. GPS works fine
Drive1 Car Width, On-Street Parking
EasementUnknown
Full Baths3
Gross Income
HeatingForced Hot Air, Radiators - Steam
Net Operating Income
Number Of Units Total2
Open Parking Spaces
Operating Expense
Possessionat Closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount7286
Tax Assessed Value191600
Tax Lot36
Tax Year2024
Total Rooms8
Town #1614
TownshipNewark City
UtilitiesElectric
Year Built1970
Exterior for 18-20 Beverly St
Exterior DescriptionVinyl Siding
Lot Dimensions37.6X111 AVG.
Lot Size Acres0.10
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner