702 South 20th Street

702 South 20th Street has been categorized by the local assessors in Newark, NJ as a vacant type of property. The linear feet between the front and back of the lot is 991 ft and across the front of the lot is 250 ft. The area measurement of the land has been determined as 2,479 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Nov 28, 2023 for $770,000. Prior to that sales transaction, the property was also sold in Mar 25, 2021 for $100,000. 702 South 20th Street was last assessed in 2022. The total value of the property was assessed at $31,300. Specifically, the land the property is located on was valued at $31,300. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $1,169. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!