NOT LISTED FOR SALE

594 S 20th St Newark, NJ 07103

West Side Neighborhood

Estimated Value: $733,000 - $832,000

8 Beds
5 Baths
-- Sq Ft
2,614 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $535,500

Est. 45% increase in value since last sale

Current estimated payment $5,104/month

73 Days on Market

About This Home

As of March 2022

Investors dream! This recently renovated and excellently maintained multi-family home is located only a short distance from West Side Park and easy transportation to central Newark and New York City. Pride of ownership is abundantly present in this home. Please send us a message today for a copy of the pro-forma on this massive cash flow opportunity!

Last Agent to Sell the Property

Thomas Verdiglione

Berkshire Hathaway HomeServices Fox & Roach - Rumson License #2076123 Listed on: 01/10/2022

Co-Listed By

Colton Bryan

Berkshire Hathaway HomeServices Fox & Roach - Rumson

Last Buyer's Agent

NON MEMBER

VRI Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,684

Year Built

  • Built in 2007

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 25 x 100

Parking

  • 1 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3-Story Property
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Stove
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Adamsville Elementary School
  • Adelphia Middle School
  • Allentown High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Separate Meters
  • Separate Water Meter
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14-00339-0000-00042

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,684

Year Built

Built in 2007

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Two Family
  • Co List Office Mls Id: 3916
  • Co List Office Phone: 732-530-2800
  • Subdivision Name: None
  • New Construction: No
  • Year Built: 2007
  • Contract Info New Construction: No
  • General Property Info Waterview: No
  • General Property Info Fireplace: No
  • General Property Info Basement: No
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 25 x 100
  • Location Middle School: Adelphia
  • Cooling Central Air: Yes
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Unit 1 Gas Meter3: Yes
  • Unit 2 Dryer3: Yes
  • Unit 2 Washer3: Yes
  • Unit 1 Gas Stove: Yes
  • Unit 2 Water Meter2: Yes
  • Unit 1 Water Meter3: Yes
  • Unit 2 Dishwasher3: Yes
  • Unit 2 Gas Stove2: Yes
  • Cooling 2 Zoned AC: Yes
  • Heating 2 Zoned Heat: Yes
  • Special Features: None

Interior Features

  • Basement: Finished, Walk-Out Access
  • Basement: No
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Stories: 3
  • Basement Finished: Yes
  • Basement:Walk-Out Access: Yes

Exterior Features

  • Acres: 0.06
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 1.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, 2 Zoned AC
  • Cooling Y N: Yes
  • Heating: Forced Air, 2 Zoned Heat
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes
  • Heating:Forced Air: Yes

Schools

  • Middle Or Junior School: Adelphia

Lot Info

  • Lot Dimensions: 25 x 100
  • Lot Size Sq Ft: 2613.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-00339-0000-00042
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Other Annual Assessment Amount: 188800.0

MLS Schools

  • Elementary School: Adamsville
  • High School: Allentown

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 13, 2013
Bought by
Alabi Olaitan
Current Estimated Value
$775,215

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,707
Interest Rate
4.29%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 13, 2011
Sold by
Us Bank National Association
Bought by
Das Properties I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
16%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 9, 2010
Sold by
Favarao Moises
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 8, 2007
Sold by
Blackmon Developers And Invest
Bought by
Favarao Moises

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,920
Interest Rate
6.23%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 29, 1989
Sold by
Pitts Real Estate Investments
Bought by
Alston Kimberley
Source: Public Records

Range of Values:

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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

Purchase History

Date Buyer Sale Price Title Company
Alabi Olaitan $237,000 --
Alabi Olaitan T -- None Available
Das Properties I Llc $60,199 1St Rate Title & Settlement
U S Bank National Association -- None Available
Favarao Moises $389,900 --
Alston Kimberley $10,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alabi Olaitan T $232,707
Previous Owner Das Properties I Llc $50,000
Previous Owner Favarao Moises $311,920
Previous Owner Blackmon Developers & Investments L L C $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2022 03/30/22 Pending -- -- --
03/25/2022 03/25/22 Sold $535,500 -2.6% --
01/10/2022 01/10/22 For Sale $550,000 +816.7% --
06/20/2012 06/20/12 Sold $60,000 -- --
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $11,684 $313,400 $31,300 $282,100
2024 $11,684 $313,400 $31,300 $282,100
2022 $8,223 $220,100 $31,300 $188,800
2021 $8,219 $220,100 $31,300 $188,800
2020 $8,364 $220,100 $31,300 $188,800
2019 $8,278 $220,100 $31,300 $188,800
2018 $8,128 $220,100 $31,300 $188,800
2017 $7,836 $220,100 $31,300 $188,800
2016 $7,571 $220,100 $31,300 $188,800
2015 $7,283 $220,100 $31,300 $188,800
2014 $6,825 $220,100 $31,300 $188,800
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    Thomas Verdiglione

    BHHS Fox & Roach

  • C

    Seller Co-Listing Agent in 2022

    Colton Bryan

    BHHS Fox & Roach

    Section Image

  • N

    Buyer's Agent in 2022

    NON MEMBER

    VRI Homes

  • N

    Buyer's Agent in 2022

    NON MEMBER MORR

    NON MEMBER

  • Nicholas Verdi

    Seller's Agent in 2012

    Nicholas Verdi

    KELLER WILLIAMS CITY VIEWS REALTY

    (973) 769-1009

    11 in this area

    169 Total Sales

    Nicholas Verdi
    Section Image

  • F

    Buyer's Agent in 2012

    FERNANDA SILVA

    ELITE REALTORS OF NEW JERSEY

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Map

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22200659

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00339-0000-00042

New Jersey Essex County Newark 07103 West Side

594 S 20th St, Newark, NJ

This home is located at 594 S 20th St, Newark, NJ 07103 since 10 January 2022 and is currently estimated at $775,215. This property was built in 2007. 594 S 20th St is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Lincoln Elementary School, and Louise A. Spencer School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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