727 S 20th St
Newark City, NJ 07103
Price: $400,000
GSMLS: 3909401Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1908
Acres: 0.06
Property Tax: $4,727
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.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
See Remarks
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
Yes
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Ceiling Fan(s), Microwave Oven, Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
Yes
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit
Heating Fuel:
Oil Tank Below Ground
Cooling:
Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$400,000
Tax Amount:
$4,727
Land Assessment:
$31,300
Build. Assessment:
$95,500
Total Assessment:
$126,800
Tax Rate:
3.73
Tax Year:
2023
Listing Information
MLS ID:
3909401
List Date:
06-22-2024
Days On Market:
100
Listing Broker:
SIGNATURE REALTY NJ
Listing Agent:
Alnazir Blackman
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: GlenmontCommons.com
