$578,900

502 S 20th St Newark, NJ 07103

West Side Neighborhood

Estimated payment $3,429/month

5 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

About This Home

This fully vacant 2-family home is an excellent opportunity for an owner-occupant looking to live comfortably while collecting additional income. Located on a quiet residential block in Newark, the property offers private parking for up to 4 cars, a rare convenience in the area. The second unit features a spacious 2-story layout with 3 bedrooms and 2 full bathrooms, highlighted by a private 3rd-floor primary suite that occupies its own floor for added privacy. The first unit offers 2 bedrooms and 1 bathroom with a fresh, updated interior, and the finished basement—accessed through the common hallway—provides valuable extra space. Both units feature new flooring, fresh paint, and clean, modern finishes throughout, creating a comfortable move-in-ready feel. With strong rental potential and both units delivered fully vacant, this home offers flexibility and convenience in a well-located neighborhood close to schools, shopping, and transportation.

Listing Agent

Matthew Meisels

New and Modern Group Listed on: 11/19/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,540

Lot Details

  • 1,999 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Community Details

  • No Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 34 / 324

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,540

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • ResoLaundryFeatures: None
  • Co List Office Phone: 201-298-9903
  • MLS Status: Active - Active
  • Directions: I-78 Exit 55 Irvine Turner Blvd, right on S 20th St to 500-502.
  • Architectural Style: 2 Family
  • Year Built Details: 1900-1939,Build Prior to 1978
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 3
  • Total Bedrooms: 5

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sep Heat, Water Connected

Lot Info

  • Lot Size Sq Ft: 1999.0

Tax Info

  • Tax Annual Amount: 4540.0
  • Tax Block: 324
  • Tax Lot: 34

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Average Value
Not Available
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 List to Sale Price per Sq Ft
11/19/2025 11/19/25 For Sale $578,900 -- --
Source: New Jersey MLS

Source: New Jersey MLS

MLS Number: 25041131

New Jersey MLS
New Jersey Essex County Newark 07103 West Side

502 S 20th St, Newark, NJ

For Sale

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Nearby Homes
Listing Agent
Matthew Meisels
Section Image
New and Modern Group
(201) 298-0160