About This Home

This 6-bedroom, 2-bathroom residential multi family at 363 S 20Th St in Newark City, NJ is listed for $550,000. Built in 1920, on a 0.07 acres lot.

Key Features

  • Built in 1920
  • 0.07 acre lot
  • 2 stories
  • 2 parking spaces

Property Details

2 stories
2 full
2 spaces
1920
Listing 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 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.

Monthly Cost Estimate

$2,942/mo

20% down · 6.5% · 30 years

Principal$398
Interest$2,383
Insurance$160

Estimates only. Actual payments may vary.

Location

363 S 20Th St

Newark City, NJ 07103-1352

Questions & Answers

This 6-bedroom, 2-bathroom residential multi family at 363 S 20Th St is listed at $550,000. The estimated monthly payment is $2,941 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.07 acre lot, 2 stories, 2 parking spaces.

This property is listed by JEFFREY CUATE.

JC

JEFFREY CUATE

Agent at RE/MAX Professionals I

Listed by RE/MAX Professionals I · Broker phone: (973) 418-0425 · View on Broker Site · Broker website

MLS# 4051276· Source: Garden State MLS, LLC· 55 days on PropertySimple

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

363 S 20Th St, Newark City, NJ 07103-1352

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