3 months on rocket

Backup Offers

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

$499,000

Home List Price

$5,926*

Closing Credit

5 Bedrooms
3 Full Baths
Multi

Location

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

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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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

School Info

Assigned Schools Information:

  • Central High School, Public District Grades 9-12
  • Weequahic High School, Public District Grades 9-12
  • Malcom X Shabazz High School, Public District Grades 9-12
  • Hawthorne Avenue Elementary School, Public District Grades KG-8

Other

Directions Information:

  • Directions: Between 14th St and 15th St

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
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Housing Market Comparison

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

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Newark, NJ

City

Med. Sold Price

$396.1K

Med. Price/SqFt

$204

Avg. Days On Market

75

# of Sold Homes

34

486-488 S 20th St vs Newark

96 DAYS ON ROCKET

+21 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: 11/5/2024, 9:20:47 AM 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

$2,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Elementary School

school-card-donut-1990588
3
/10

  • Hawthorne Avenue Elementary School

  • 428 Hawthorne Ave

  • 0.75 miles

  • Public District Grades KG-8

High School

school-card-donut-1990589
1
/10

  • Central High School

  • 250 18th Ave

  • 1.17 miles

  • Public District Grades 9-12

school-card-donut-1990590
1
/10

  • Weequahic High School

  • 279 Chancellor Ave

  • 1.40 miles

  • Public District Grades 9-12

school-card-donut-1990591
1
/10

  • Malcom X Shabazz High School

  • 80 Johnson Ave

  • 1.41 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,077. Most Newark, NJ residents have annual incomes less than $35k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

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.

Newark, NJ housing market in October 2024 saw over 24 listings sold above listed price, more than 3 sold at listed price and over 7 sold below. The inventory of homes for sale in Newark, NJ between September 2024 and October 2024 increased by 25.4%. The median list price of listings available in October 2024 was $396,125, while the average time on the real estate market was 75 days.

From Rocket Homes Real Estate and based on county public records data.

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