760 South 20th Street

Newark, NJ 07103

$449,000
Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Great investment property with low taxes. The property is located a few streets from the Queen Latifah luxury apartments and in the Springfield Redevelopment area of the City. The property is fully occupied, with great tenants that are month-month, and up to date on rent. The apartments have 3 bdrms with real hardwood floors throughout, large eat in kitchen with pantry, the largest bedroom on the 2nd floor has a 2 part walk in closet, both units have separate utilities, being sold as is. There is...Great investment property with low taxes. The property is located a few streets from the Queen Latifah luxury apartments and in the Springfield Redevelopment area of the City. The property is fully occupied, with great tenants that are month-month, and up to date on rent. The apartments have 3 bdrms with real hardwood floors throughout, large eat in kitchen with pantry, the largest bedroom on the 2nd floor has a 2 part walk in closet, both units have separate utilities, being sold as is. There is an oil tank underground. Seller is willing to work with buyer regarding the tank. New roof, March 2023, furnace and tank is around 3 years old.
  1. Listed by TINA DEVINE • DEVINE REAL ESTATE LLC

Property Details for 760 South 20th Street

Directions
Left on S 20th St from Springfield Ave
Days On Market
68

Location

Listing Courtesy of DEVINE REAL ESTATE LLC, TINA DEVINE
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LISTING UPDATED: 04/16/2024 09:13 AM

Property Details for 760 South 20th Street

StatusActive
MLS #3885278
Days on Market85
Taxes$5,066 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / 2-Two Story
Year Built1900
Lot Size0.06 AC / 2,613 SF
CountyEssex County

Location

Listing Courtesy of DEVINE REAL ESTATE LLC, TINA DEVINE
Add your commute

Building Information for 760 South 20th Street

Stories-Residences2Year Built1900Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$2,873 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,450

Property Taxes

$422

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 760 South 20th Street

Summary
Location and General Information
  • Active Days on Market: 68
  • County #: Essex
  • Town Name: Newark City
  • Block Identifier: 367
  • Listing Type: Exclusive Right to Sell
  • Town #: 1614.0
  • Street # Display: 760.0
  • # Parking Spaces: 0
  • County Or Parish: Essex
  • Street Name: S 20Th St
  • Zip Code: 07103-1009
  • Total Units: 2
Taxes and HOA Information
  • Assess Total Tax: *
  • Assess Amt Land Tax: *
  • Assess Amt Bldg Tax: *
  • Block ID Tax: *
  • Acres Tax: *
  • County Tax: *
  • Tax Amount: $5,066
  • Street name Tax: *
  • Zip Code Tax: *
  • Street # Tax: *
  • City Tax: *
  • Tax Amount Tax: *
  • Assessment Total: 135600.0
  • Tax ID For Property: 1614-00367-0000-00047-0000-
  • Tax Rate Amount: $4
  • Tax Rate Tax: *
  • Tax Rate Year: 2022
  • Tax Year: 2022
  • Tax Year Tax: *
  • Lot ID Tax: *
  • Lot Size Tax: *
Parking
  • Parking/Driveway Description: On-Street Parking
Property
Lot Information
  • Lot Identifier: 47
  • Approximate Lot Size: 25X99.11
  • Total Acres: 0.06
  • Construction Date/Year Built: 1900
  • Construction Date/Year Built Des: Approximate
Property and Assessments
  • Assessment Bldg: 104300.0
  • Assessment Land: 31300.0
Utilities
  • Cooling: No Cool
  • Utilities: Gas In Street
  • Water: Public Water
  • Heating: 2 Units
  • Fuel Type: Gas-Natural
  • Sewer: Public Sewer
Interior and Exterior Features
Exterior Features
  • Exterior Description: Aluminum Siding
Interior Features
  • Roof Description: Flat
  • Basement: Yes
  • Basement Description: Full, Unfinished
  • Easement: Unknown
Multi Family
Unit 1 Information
  • Unit 1 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas
  • Unit 1 Baths: 1.0
  • Unit 1 Bedrooms: 3
  • Unit 1 Fireplaces: 0.0
  • Unit 1 Handicap Modified: No
  • Unit 1 Levels: 1.0
  • Unit 1 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 1 Rent: 1111.0
  • Unit 1 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Pantry
  • Unit 1 Rooms: 6.0
  • Unit 1 Security Deposit: 1111.0
  • Unit 1 Sq Ft: 1300.0
Unit 2 Information
  • Unit 2 Appl/Equip: Carbon Monoxide Detector, Range/Oven - Gas
  • Unit 2 Baths: 1.0
  • Unit 2 Bedrooms: 3
  • Unit 2 Fireplaces: 0.0
  • Unit 2 Handicap Modified: No
  • Unit 2 Levels: 1.0
  • Unit 2 Owner/Tenant Pays: Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
  • Unit 2 Rent: 1111.0
  • Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Pantry
  • Unit 2 Rooms: 6.0
  • Unit 2 Security Deposit: 1111.0
  • Unit 2 Sq Ft: 1300.0
Multi-Family Information
  • Unit Style: 2-Two Story
Income & Expenses Information
  • Total Operating Expense: $1,111.00
  • Net Operating Income: $1,111.00
  • Gross Operating Income: $1,111.00

Property History for 760 South 20th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 760 South 20th Street

Taxable ValueLand$31,300Additions$199,000Total$230,300
Tax Record2022$5,066 ($422 / month)
Home Facts
Beds0Total Finished SqFt2,498 SqFtAbove Grade Finished SqFt2,498 SqFtStories2Lot Size2,479 SqFtStyleSingle Family ResidenceYear Built1900CountyESSEXAPN14 00367-0000-00047

Schools near 760 South 20th Street

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Mount Vernon Elementary School
PublicPK to 8

Technology High School
Public9 to 12

Chancellor Avenue Elementary School
PublicK to 8

Louise A. Spencer Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

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Similar Sold Homes

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760 South 20th Street is a multi-family home for sale in Newark, NJ 07103. This property was listed for sale on February 8, 2024 by DEVINE REAL ESTATE LLC, it's currently listed at $449,000. It has been on the market for a total of 85 days and was last sold on December 2, 2021. This listing's school district is The Newark Public School District. Nearby schools include Mount Vernon Elementary School, Technology High School and Chancellor Avenue Elementary School. 760 South 20th Street is a 6-bed, 2-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DEVINE REAL ESTATE LLC, TINA DEVINE

The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated 05/03/2024 02:12 PM © 2024 New Jersey Multiple Listing Service Inc. All rights reserved.