486-488 S 20th St, Newark City, NJ, 07103

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

486-488 S 20th St, Newark$499,000

Buyer Closing Credits

$5,926^*

1.25% Loan Amount

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeMulti Family

Parking1 Car Width, Detached Garage

Garage2 spaces

Year Built1925

HeatingOther, Natural Gas

CoolingOther

MLS #3916341

StatusAccepting Backup Offers
(Under Contract Cont. to Show)

About 486-488 S 20th St

Back on Market! Welcome to this versatile two-family home. Each unit features 2 bedrooms and 1 bathroom, with an additional room that can serve as a spare bedroom, office, or hobby space. The property boasts a large 4-car garage, providing ample parking along with additional parking spaces outside. Enjoy outdoor living in the generous backyard, ideal for gatherings, gardening, or simply relaxing. The full finished basement offers even more living space, perfect for a recreation room, home gym, or additional storage. Don't miss out on this unique opportunity to own a property that combines comfort, functionality, and potential for rental income. Schedule your viewing today! More Pictures Coming Soon!

Property Details

Property Features

Property Information:

Architectural Style: 2-Two Story
Year Built: 1925

Listing Office:

Office Name: EXP REALTY, LLC
Office Phone: (919) 862-3846

Interior Features

Interior Information:

Appliances: Refrigerator
Basement: No

Bedroom and Bathroom Information:

Full Bathrooms: 3
Total Bedroom Count: 5

Exterior Features

Parking Information:

Garage Space: 2 spaces
Attached Garage: No
Parking: 1 Car Width, Detached Garage

Utilities

Utilities Information:

Heating: Other, Natural Gas
Cooling: Other

Other

Directions Information:

Directions: Between 14th St and 15th St

Price Information

Listing Price Info

Price Summary:

List Price: $499,000

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Newark, NJ.

Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

# of Sold Homes

486-488 S 20th St vs Newark

113 DAYS ON ROCKET

+38 Days

$499,000

+$102.8K More

KEY TAKEAWAY

This property is $102.8K more than the Median Sold Price in Newark, NJ.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

MLS Number: #3916341

Listing Office:

Office Name: EXP REALTY, LLC
Office Phone: (919) 862-3846

Information deemed reliable but not guaranteed. Copyright © 2024 Garden State Multiple Listing Service, L.L.C. All rights reserved.

Disclaimer: The data relating to real estate for sale on this website comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as an IDX Listing. Information deemed reliable but not guaranteed.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/22/2024, 12:20:46 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$2,558

Per Month

Principal & Interest

$2,491

Home Price

Interest Rate

Down Payment

Loan Term

Property Taxes

Annual Cost

$/ Year

Mortgage Insurance

Monthly Premium

$/ Month

Homeowners Insurance

$67

Monthly Premium

$/ Month

Homeowners Association (HOA)

Monthly Fees

$/ Month

Utilities

Monthly Cost

$/ Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

/10

Berkeley Terrace Elementary School
787 Grove St
Distance between this listing and this school0.30 miles
Public District Grades PK-5

/10

Thurgood Marshall Elementary School
141 Montgomery Ave # 181
Distance between this listing and this school0.38 miles
Public District Grades PK-5

/10

Grove Street Elementary School
602 Grove St
Distance between this listing and this school0.54 miles
Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

How much money do the neighbors make?

59%

<35k

36%

35k-100k

100k-200k

200k+

What level of education do the neighbors have?

High School: 57%
Post Secondary: 39%
Masters: 3%
No High School: 1%

What types of families live nearby?

45%

Single, No Kids

30%

Single, with Kids

10%

Married, No Kids

15%

Married, with Kids

Are the neighbors home owners or renters?

Renters: 72%
Home Owners: 28%

How old are people in this area?

19%

<11 yrs old

12-17 yrs old

25%

18-34 yrs old

38%

35-64 yrs old

65+ yrs old

What do the neighbors do for fun?

Pro Boxing
Mexican League Soccer

Where do the neighbors shop?

Burlington
Foot Locker
Ross Dress For Less

Where do the neighbors go to eat?

White Castle
Little Caesars
Jack In The Box

What do the neighbors drive?

Kia
Dodge
Nissan

What do the neighbors listen to?

Urban Adult Contemporary
Rhythmic Contemporary Hits

The neighbors living near this home have an average income of $23,077. The majority of Newark, NJ residents have income less than $35k annually. The most common type of family is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›New Jersey›Essex County›Newark›07103›486-488 S 20th St

This home is located at 486-488 S 20th St in Newark City, NJ and zip code 07103 in the West Ward neighborhood. This home was built in 1925. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $499,000.

Over 24 listings were sold over their listed price in October 2024 in Newark, NJ. In the same period over 7 listings were sold below the listed price and 3 listings were sold for the listed price. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. While the average time on the market in October 2024 was 75 days, the median list price was $396,125.

Location

Property Highlights

Property Details

Property Features

Interior Features

Exterior Features

Utilities

Other

Price Information

Listing Price Info

Housing Market Comparison

MLS Details

Property Sales & Tax

Payment Calculator

Schools

Schools Nearby

Neighborhood

What Are The Neighbors Like?

More Resources

More Homes For Sale in Newark

Homes For Sale in Nearby Cities

Housing Market Reports in Essex County