363 S 20th St
Newark City, NJ 07103
Price: $499,999
GSMLS: 4047575Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1920
Acres: 0.07
Property Tax: $5,614
Description
Excellent opportunity to own a well-maintained 2-family home in Newark! Each unit features 3 bedrooms and 1 full bath, offering spacious layouts ideal for comfortable living. Perfect t for investors seeking immediate rental income or owner-occupants looking to live in one unit while offsetting the mortgagewith rental income from the other. One unit is currently tenant occupied, providing instant cash flow,while the second unit offers flexibility for owner occupancy occupancy or additional rental potential. Property also includes a 1-car width driveway for off-street parking. parking. Conveniently located near major highways, public transportation, schools, parks, shopping, and restaurants, making commuting and everyday living easy. A fantastic income-producing opportunity with long-term value and strong investment potential.
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Full, Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
34X91.5
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
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:
2 Units
Heating Fuel:
Gas-Natural
Cooling:
Window A/C(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:
$499,999
Tax Amount:
$5,614
Land Assessment:
$21,700
Build. Assessment:
$118,700
Total Assessment:
$140,400
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4047575
List Date:
08-18-2026
Days On Market:
4
Listing Broker:
RE/MAX PROFESSIONALS I
Listing Agent:
Jeffrey Cuate
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: FoxHillsRockaway.com
