18-20 Beverly St
Newark City, NJ 07108
Price: $499,000
GSMLS: 3975769Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 7
Baths: 3 Full
Garage: No
Year Built: 1970
Acres: 0.10
Property Tax: $7,286
Description
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!
General Info
Style:
2-Two Story
SqFt Building:
n/a
Total Rooms:
8
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
37.6X111 AVG.
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
1 Car Width, On-Street Parking
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
2
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
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, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
Ceiling Fan
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric
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:
$499,000
Tax Amount:
$7,286
Land Assessment:
$25,100
Build. Assessment:
$166,500
Total Assessment:
$191,600
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3975769
List Date:
07-16-2025
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: WillowWalkCondos.com
