385 S 20th St
Newark City, NJ 07103
Price: $899,999
GSMLS: 4006139Type: Multi-Family
Style: 2-Two Story, Duplex-Side by Side
Total Units: 4
Beds: 12
Baths: 8 Full
Garage: No
Year Built: 1900
Acres: 0.09
Property Tax: $11,838
Description
Open House Saturday 1PM–4PM.
Renovated in 2020, this well-maintained 4-unit multifamily property is a fantastic opportunity for both investors and owner-occupants. Each unit features updated cabinets and countertops, along with newer flooring throughout. The building has been thoughtfully refreshed to offer modern finishes while maintaining strong rental appeal. One unit is currently vacant, providing the perfect opportunity for an owner-occupant or for an investor to place a new tenant at market rent. The remaining units are income-producing, making this a solid cash-flow opportunity in a high-demand Newark location. Conveniently located near major transportation, shopping, and local amenities. Ideal for investors seeking a turnkey asset or buyers looking to live in one unit while generating rental income.General Info
Style:
2-Two Story, Duplex-Side by Side
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Full
Interior:
Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Roof:
Flat
Exterior:
Brick, Vinyl Siding
Lot Size:
41X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
2
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:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
2
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:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
2
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 4
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
Levels:
2
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
Utilities
Heating:
4+ Units, Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
4+ Units, Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
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:
$899,999
Tax Amount:
$11,838
Land Assessment:
$22,500
Build. Assessment:
$288,800
Total Assessment:
$311,300
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4006139
List Date:
01-20-2026
Days On Market:
1
Listing Broker:
KELLER WILLIAMS REALTY
Listing Agent:
Kurtia Faith Thomas
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
