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Eric DeSilva

eric.desilva@exprealty.com +1(973) 542-9302

$ 650,000

Est. payment -/mo

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Under Contract

500 S 20Th St Newark City, NJ 07103

5 Beds

3 Baths

2,178 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Listing Status Under Contract

Purchase Type For Sale

MLS Listing ID 3998613

Style 3-Three Story

Bedrooms 5

Full Baths 3

Annual Tax Amount $4,540

Tax Year 2024

Lot Size 2,178 Sqft

Property Description

This fully vacant 2-family home is an excellent opportunity for an owner-occupant looking to live comfortably while collecting additional income. Located on a quiet residential block in Newark, the property offers private parking for up to 4 cars, a rare convenience in the area. The second unit features a spacious 2-story layout with 3 bedrooms and 2 full bathrooms, highlighted by a private 3rd-floor primary suite that occupies its own floor for added privacy. The first unit offers 2 bedrooms and 1 bathroom with a fresh, updated interior, and the finished basement accessed through the common hallway provides valuable extra space. Both units feature new flooring, fresh paint, and clean, modern finishes throughout, creating a comfortable move-in-ready feel. With strong rental potential and both units delivered fully vacant, this home offers flexibility and convenience in a well-located neighborhood close to schools, shopping, and transportation.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling None

Heat Source Gas-Natural

Exterior

Exterior Feature Stone, Vinyl Siding

Parking Features None

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Sewer

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Listed by NEW AND MODERN GROUP

Nearby Locations

SCHOOLSPROPERTIES

Elementary Schools 20

10

North Star Academy Charter Schools of Newark

Public | KG - 12
8

Forest Street Elementary School

Public | PK - 7
8

Robert Treat Academy Charter School

Public | KG - 8
7

Hazel Avenue Elementary School

Public | KG - 5
7

Pride Academy Charter School

Public | 5 - 8
6

Clinton Elementary School

Public | PK - 5
6

Mt. Vernon Place Elementary School

Public | PK - 8
6

Lincoln Avenue Elementary School

Public | PK - 7
6

Rosa Parks Community School

Public | PK - 7
6

George Washington School

Public | 5 - 5
6

J. Garfield Jackson Sr. Academy

Public | KG - 5
6

Carteret Elementary School

Public | PK - 6
6

First Avenue Elementary School

Public | PK - 8
6

Branch Brook Elementary School

Public | PK - 4
6

Park Elementary School

Public | PK - 8
6

The Gray Charter School

Public | KG - 8
6

Oliver Street Elementary School

Public | PK - 8
5

Heywood Avenue Elementary School

Public | PK - 7
5

Newark Legacy Charter School

Public | KG - 4
5

Langston Hughes Elementary School

Public | PK - 5

Middle Schools 20

9

Science Park High School

Public | 7 - 12
7

Great Oaks Charter School

Public | 6 - 9
6

East Orange STEM Academy High School

Public | 6 - 12
5

Cicely L. Tyson Community Middle/High School

Public | 6 - 12
5

Arts High School

Public | 7 - 12
4

Krumbiegel Middle School

Public | 6 - 8
4

University High School

Public | 7 - 12
4

American History High School

Public | 6 - 12
3

Union Avenue Middle School

Public | 6 - 8
3

Orange Preparatory Academy

Public | 8 - 9
3

Universiy Middle School

Public | 6 - 8
3

John L. Costley Middle School

Public | 6 - 8
3

Sojourner Truth Middle School

Public | 6 - 8
2

Merit Preparatory Charter School of Newark

Public | 6 - 7
1

Patrick F. Healy Middle School

Public | 6 - 8
1

Eagle Academy

Public | 6 - 7
1

Newark Early College High School

Public | 6 - 10
0

Fast Track Success Academy

Public | 6 - 12
0

Elyon Learning Center Academy

Private | 8 - 12
0

Link Community School

Private | 7 - 8

High Schools 20

10

Technology High School

Public | 9 - 12
8

Bard Early College High School

Public | 9 - 12
6

North 13th St Tech

Public | 9 - 12
5

Newark Tech

Public | 9 - 12
4

Orange High School

Public | 9 - 12
3

People's Preparatory Charter School

Public | 9 - 11
2

Newark Vocational High School

Public | 9 - 12
1

Irvington High School

Public | 9 - 12
1

Weequahic High School

Public | 9 - 12
1

East Orange Campus High School

Public | 9 - 12
1

West Side High School

Public | 9 - 12
1

Central High School

Public | 9 - 12
1

Malcom X Shabazz High School

Public | 9 - 12
1

Barringer High School

Public | 9 - 12
1

Paulo Freire Charter School

Public | 9 - 10
1

Newark Preparatory Charter School

Public | 9 - 10
0

Seton Hall Preparatory School

Private | 9 - 12
0

Career and Innovation Academy of Orange

Public | 9 - 12
0

Newark Bridges High School

Public | 9 - 12
0

Newark Innovation Academy

Public | 9 - 12

School and business data provided by Attom Data.