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Image 1 - 872 South 20th Street, Newark, NJ 07108, USA - Townhouse for sale

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3-Three Story, Multi-Family

872 South 20th Street, Newark, NJ 07108, USA

3-Three Story, Multi-Family

townhouse for sale

58 views

Listed: 02/13/23

872 South 20th Street, Newark, NJ 07108, USA

7 Bed:

3 Bath:

Save

Price

$ 499,500

Show 6 more

About This Townhouse

Whether you're an Investor looking for a positive cash flowing property or an Owner-occupant buyer looking for an opportunity to own a home in one of New Jersey's hottest markets, you don't want to miss this home. This Legal three family income producing property with huge units offers all separate utilities (owner only pays for water), spacious rooms, a detached garage and plenty of parking. Unit 1 is 2 bedrooms, 1 bath. Unit 2 is 3 bedrooms, 1 bath, Unit 3 is 1 bed, 1 bath. Unit 1 and 3 will be delivered vacant at closing - ideal for a first-time buyer-investor looking for rental income to offset the mortgage costs. Apartment 2 currently leases at$1, 600per month. Recent upgrades … Full description

Property Includes

Parking
Oven Gas
Roof Asphalt
Heating Baseboard
Fuel Heating Electric

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Newark Housing & Living

Household Income

Median household income: $37,642

Number of households: 101,689

The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+

One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.

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