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$500,000
●
Multifamily -
Off Market
870-872 South 20th Street
Newark, NJ 07108
7 Beds
3 Baths
$502,803
RealtyHop Estimate
0.56%
Since Sep 1, 2023
NY-New York
Primary Model
About This Property
Whether you're an Investor looking for a positive cash flowing
property or an Owner-occupant buyer looking for an opportunity to
own a home in one of New Jersey's hottest markets, you don't want
to miss this home. This Legal three family income producing
property with huge units offers all separate utilities (owner only
pays for water), spacious rooms, a detached garage and plenty of
parking. Unit 1 is 2 beds, 1 bath. Unit 2 is 3 beds, 1 bath, Unit 3
is 1 bed, 1 bath. Ideal for a first time buyer-investor looking for
rental income to offset the mortgage costs. Apartment 2 currently
leases at $1,600 per month. Recent upgrades include a new boiler
and three hot water tanks. This incredible property is centrally
located close to rt 78, 22, 21, GSP & NJTPK, schools, shopping
centers, houses of worship, Newark Liberty international airport,
universities, Newark Penn station trains & buses, Prudential
Center, Downtown Newark business district
Unit Size
-
Days on Market
140 days
Land Size
-
Price per sqft
-
Property Type
Multifamily
Property Taxes
$653
HOA Dues
-
Year Built
-
Last updated: 9 months ago (NJMLS #23007881)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 7, 2023 | Sold | $500,000 | |
| Sold | |||
| Mar 20, 2023 | Listed by RE/MAX First Realty II | $500,000 | |
| Listed by RE/MAX First Realty II | |||
Property Highlights
Garage
Parking Details
Detached
Interior Details
Bedroom Information
Bedrooms: 7
Bathroom Information
Bathrooms: 3
Room Information
Total Rooms: 14
Fireplace Information
None
Exterior Details
Property Information
View: None
Building Information
Year Built: 1900-1939
Financial Details
Tax: $7,841
870-872 South 20th Street
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Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Sold
Multifamily
7
Beds
3
Baths
-
$454,200
Jun 12, 2023
$454,200
Jun 12, 2023
$689/mo
Multifamily
7
Beds
5
Baths
-
$555,000
Aug 1, 2023
$555,000
Aug 1, 2023
$540/mo
Sold
Multifamily
9
Beds
3
Baths
-
$550,000
Aug 10, 2023
$550,000
Aug 10, 2023
$952/mo
Sold
Multifamily
4
Beds
2
Baths
-
$510,000
May 21, 2023
$510,000
May 21, 2023
$565/mo
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
09/23/2022
|
|
7 Bed
|
3 Bath
|
-
|
$499,500
7 Bed
3 Bath
|
-
-
|
-
|
DARRELL BAILEY
RE/MAX FIRST REALTY II
|
Building Info
About Upper Clinton Hill
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Listed by: Darrell Bailey
RE/MAX First Realty II
Last Updated: 9 months ago
Data Source: NJMLS , MLS# 23007881
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
RE/MAX First Realty II
Last Updated: 9 months ago
Data Source: NJMLS , MLS# 23007881
All information deemed reliable but not guaranteed.© 2024 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Courtesy of RH Advisors, Inc. and RHP Realty NJ, Inc.
