20 Salem St
Newark City, NJ 07106
Price: $549,999
GSMLS: 4063021Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 6
Baths: 2 Full
Garage: No
Year Built: 1922
Acres: 0.06
Property Tax: $5,178
Description
Eligible buyers may qualify for a fixed interest rate of 5.2% with a 5.3% APR through the seller's preferred lender. Financing is subject to lender approval and program terms; inquire for details. The seller is also offering concessions toward closing costs with a qualifying offer, subject to applicable loan limits and terms. A great chance to pursue affordable homeownership in a newly renovated two-family home! Move-in ready! Offering a flexible opportunity for both owner-occupants and investors. Each unit features identical floor plans with spacious bedrooms, hardwood floors throughout, quartz countertops, stainless steel appliances, and washer/dryer hookups. Live in one unit and rent the other to help offset housing costs, or explore the income potential of renting both units! With two updated apartments in Newark, this property offers a chance to build ownership and investment plans around your goals! Schedule your showing and see the possibilities for yourself!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
12
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Microwave Oven, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$549,999
Tax Amount:
$5,178
Land Assessment:
$15,400
Build. Assessment:
$114,100
Total Assessment:
$129,500
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4063021
List Date:
11-04-2026
Days On Market:
1
Listing Broker:
COOPER MCKELVEY REAL ESTATE CO.
Listing Agent:
Tayllor Cooper
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: TownsquareVillageLiving.com
