490 S 20Th St
Newark City, NJ 07103-1211
- 5 beds
- 2 baths
- – sqft
- 3,049 sqft lot
- 1924 build
- – on site
Welcome to 490 S. 20th St., Newark on West Side in redevelopment area"a fully renovated 2-family investment opportunity offering strong rental income and long-term upside. Both units feature spacious 2-bedroom/1-bath layouts, with the second-floor unit including an extra office or nursery. Extensive upgrades include brand-new kitchens and bathrooms, a new roof, new plumbing, 2 new water heaters, and a new furnace. Separate utilities for convenience. Estimated rental income delivers immediate cash flow. Bonus: full-height basement with expansion potential. Perfect for investors or savvy buyers seeking a turnkey multi-unit property with strong cap rate and future upside. Located close to parks, shopping, and public transportation. Being Sold Asi-Is. CO and Fire Certs done.
Last checked:
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Last updated Apr 17, 2025
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MLS# 3957212 —
This property is listed in more than one place. See it here.
The Building
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Construction Date/Year Built:Renovated
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Construction Date/Year Built:1924
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Renovated Year:2024
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Unit Style:2-Two Story
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Roof Description:Asphalt Shingle, Flat
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Exterior Description:See Remarks, Vinyl Siding, Wood
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Basement:Yes
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Total # of Units:2
Interior
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Interior Features:Blinds, Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector, Vinyl-Linoleum Floors
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Total # of Rooms:9
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Basement Description:Full, Unfinished, Walkout
Financial & Terms
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Possession:immediately
Location
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Directions:From Grove St to 15th Ave
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Latitude:40.74024
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Longitude:-74.21049
The Property
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Approx Lot Size:31 Sqft
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Total Acres:0 Sqft
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Lot Identifier:39
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Easements:Unknown
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Assessment Land:32000
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (201) 559-5770
Taxes
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Tax ID For Property:1614-00324-0000-00039-0000-
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Tax Year:2024
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.803
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Tax Amount:$4,932
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Beds
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# of Bedrooms:5
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Unit 1 Bedrooms:2
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Unit 2 Bedrooms:3
Baths
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Total # of Baths:2.00
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Total # of Full Baths:2
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Unit 1 Baths:1.0
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Unit 2 Baths:1.0
Heating & Cooling
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Cooling:Wall A/C Unit(s)
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Heating:Radiators - Steam
Utilities
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Utilities:Electric, Gas-Natural
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Water:Public Water
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Fuel Type:Gas-Natural
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Sewer:Public Sewer
Schools
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High School:TECHNOLOGY
The Community
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Assessment Total:129700
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Assessment Total Tax:*
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Assessment Bldg:97700
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Assess Amount Building Tax:*
Parking
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Garage Description:See Remarks
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# of Parking Spaces:2
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Parking/Driveway Description:Driveway-Shared, Off-Street Parking
Extra Units
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Unit 1 SqFt:913
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Unit 2 SqFt:913
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Unit 1 Levels:1
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Unit 2 Levels:1
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Unit 1 Rooms:4
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Unit 2 Rooms:5
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Unit 1 Handicap Modified:No
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Unit 2 Handicap Modified:No
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Unit 1 Room Description:Bedrooms, Eat-In Kitchen, Living Room, Pantry
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Unit 2 Room Description:Bedrooms, Den, Eat-In Kitchen, Living Room, Pantry
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Unit 1 Appliances/Equipment:Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
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Unit 2 Appliances/Equipment:Carbon Monoxide Detector, Dishwasher, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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4/16/25
Apr 16, 2025
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Listed / Active | GSMLS | $650,000 | |
3/14/25
Mar 14, 2025
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Sold Subject To Contingencies | GSMLS | ||
2/26/25
Feb 26, 2025
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Listed / Active | GSMLS |