$499,000
PENDING

18-20 Beverly St Newark, NJ 07108

Clinton Hill Neighborhood

Estimated payment $3,305/month

Total Views 3,050
7 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

Fantastic 2-Family Investment Opportunity in Prime Newark Location! Discover this two-story multi-family property offering immediate income potential. Unit 1 features 2 bedrooms and 1 bath and is currently tenant-occupied, providing instant cash flow. Unit 2 boasts 3 spacious bedrooms, 2 full baths, a finished attic for extra living space, and is owner-occupied ideal for an owner-investor or easy to rent for maximum return. Added bonuses includes a driveway with parking. Enjoy an unbeatable location just minutes from major highways (I-78, Garden State Parkway), Newark Penn Station, Downtown Newark, universities, and schools perfect for commuters and tenants alike. Nearby shopping, restaurants, and public transportation add extra appeal. Whether you're a seasoned investor or a first-time buyer looking to house-hack, this property checks all the boxes: strong rental demand, convenience, and long-term appreciation potential. Don't miss out schedule your showing today! Strictly sold AS-IS. Buyer is responsible for the CO & Town certificates

Listing Agent

Peter Boutros

EXP REALTY, LLC Brokerage Phone: 908-913-8708 Listed on: 07/16/2025

EXP REALTY, LLC

Co-Listing Agent

ALVARO ALONZO TERAN LANDAETA

EXP REALTY, LLC Brokerage Phone: 908-913-8708

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,286

Year Built

  • Built in 1970

Parking

  • On-Street Parking

Home Design

  • Vinyl Siding

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating System
  • Radiator
  • Standard Electricity

Additional Features

  • Ceiling Fan
  • 37 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Assessor Parcel Number 1614-03076-0000-00036-0000-
  • Tax Block *

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,286

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Unit Style: 2-Two Story
  • Year Built: 1970
  • Year Built Description: Approximate
  • County Name: Essex
  • Street Number Display: 18-20
  • Directions: From I-78, take Exit 56 toward Clinton Ave. Turn left on Clinton Ave, right on Irvine Turner Blvd, then left on Beverly St. GPS works fine
  • I D: 5372062
  • Modified: 2025-08-29
  • Number Images: 32
  • Attribution Contact: 908-913-8708
  • MLS Status: Under Contract
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Number Rooms: 8
  • Bedrooms: 7
  • Total Bathrooms: 3
  • Total Full Bathrooms: 3
  • Basement: Yes
  • Basement Description: Unfinished

Exterior Features

  • Exterior Description: Vinyl Siding
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Parking Driveway Description: 1 Car Width, On-Street Parking

Utilities

  • Cooling: Ceiling Fan
  • Fuel Type: Gas-Natural
  • Heating: Forced Hot Air, Radiators - Steam
  • Sewer: Public Sewer
  • Utilities: Electric
  • Water: Public Water

Lot Info

  • Lot Size: 37.6X111 AVG.
  • Assessed Improvement Value: 166500
  • Assessed Land Value: 25100
  • Assessment: 191600
  • Easement: Unknown
  • Lot Identifier: 36
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Tax Amount: 7286
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03076-0000-00036-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Tax Year: 2024

Multi Family

  • Total Number Units: 2

Map

Range of Values:

Collateral Analytics

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2025 08/08/25 Pending -- -- --
07/16/2025 07/16/25 For Sale $499,000 +99.6% --
10/12/2016 10/12/16 Sold $250,000 -10.7% --
08/08/2016 08/08/16 Pending -- -- --
04/20/2016 04/20/16 For Sale $279,900 +229.3% --
09/18/2013 09/18/13 Sold $85,000 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3975769

Garden State MLS
New Jersey Essex County Newark 07108 Clinton Hill

18-20 Beverly St, Newark, NJ

This home is located at 18-20 Beverly St, Newark, NJ 07108 and is currently priced at $499,000. This property was built in 1970. 18-20 Beverly St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Chancellor Avenue School.

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Peter Boutros
Listing Agent
Peter Boutros
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EXP REALTY, LLC
(201) 778-6576