Skip To Content

727 S 20Th St

Newark City, NJ 07103
  • $400,000
  • STATUS: Active Under Contract
  • ON SITE: 166 Days
  • MLS #: 3909401
UPDATED: 27 min ago
$400,000
  • 6
    BEDS
  • 0.06
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1908
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator



Garden State MLS logo © 2024 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 Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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 2024-12-05T23:46:15.943.
www.pickpina.com/homes/151937131
Print Image

727 S 20Th St Newark City, NJ 07103

  • Price: $400,000
  • Status: Active Under Contract
  • On Site: 166 Days
  • Updated: 27 min ago
  • MLS #: 3909401
6
Beds
2
Baths
0
½ Baths
0.06
Acres
1908
Built
County:
Essex
Area:
Newark City
Property Description
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.
Exterior Features

Approximate Lot Size 25X100 Exterior Description Aluminum Siding Number Of Parking Spaces 0 Parking Driveway Description See Remarks Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Unfinished Cooling Wall A/C Unit(s) Heating 1 Unit Total Number Of Rooms 11 Unit1 Appliances Equipment Ceiling Fan(s)Microwave OvenRange/Oven - GasRefrigerator Unit1 Baths 1.0 Unit1 Bedrooms 3 Unit1 Fireplaces 0 Unit1 Handicap Modified Yes Unit1 Levels 1 Unit1 Room Description Eat-In KitchenFamily RoomKitchenLiving/Dining RoomMaster Bedroom Unit1 Rooms 6 Unit1 Security Deposit 0 Unit1 Sq Ft 1000 Unit2 Appliances Equipment Ceiling Fan(s)Microwave OvenRange/Oven - GasRefrigerator Unit2 Baths 1.0 Unit2 Bedrooms 3 Unit2 Fireplaces 0 Unit2 Levels 1 Unit2 Room Description Eat-In KitchenFamily RoomKitchenLiving/Dining RoomMaster Bedroom Unit2 Rooms 5 Unit2 Sq Ft 1000

Property Features

Assessment Total 126800 Building Assessment 95500 Easement No Fha Age Restricted No Fuel Type Oil Tank Below Ground Gross Operating Income 0 Land Assessment 31300 Net Operating Income 0 Sewer Public Sewer Tax Amount 4727 Tax Rate Amount 3.728 Tax Rate Year 2023 Tax Year 2023 Total Operating Expense 0 Unit Style 2-Two Story Unit1 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit1 Rent 0 Unit2 Handicap Modified Yes Unit2 Owner Tenant Pays Owner Pays ElectricOwner Pays GasOwner Pays HeatOwner Pays Water Unit2 Rent 0 Unit2 Security Deposit 0 Utilities Gas-Natural Water Public Water Year Built Description Historical

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Signature Realty Nj: 973-855-2645.


Garden State MLS logo © 2024 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 Pina Nazario, Coldwell Banker Residential Brokerage. 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 Pina Nazario, Coldwell Banker Residential Brokerage 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 2024-12-05T23:46:15.943.
 
https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3909401-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3909401-2.jpg https://bt-photos.global.ssl.fastly.net/gsmls/orig_boomver_1_3909401-2.jpg
Logo
Pina Nazario, Coldwell Banker Residential Brokerage
789 Clifton Avenue
Clifton NJ, 07013