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$899,999 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 12 Total Beds
  • Updated 6 hours ago
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Renovated in 2020, this well-maintained 4-unit multifamily property is a fantastic opportunity for both investors and owner-occupants. Each unit features updated cabinets and countertops, along with newer flooring throughout. The building has been thoughtfully refreshed to offer modern finishes while maintaining strong rental appeal. One unit is currently vacant, providing the perfect opportunity for an owner-occupant or for an investor to place a new tenant at market rent. The remaining units are income-producing, making this a solid cash-flow opportunity in a high-demand Newark location. Conveniently located near major transportation, shopping, and local amenities. Ideal for investors seeking a turnkey asset or buyers looking to live in one unit while generating rental income.

Full Property Details for 385 S 20th St

General

  • Price: $899,999
  • Taxes: $11,838 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4006139
  • Updated: 1/20/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 16
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 8
  • Full Bathrooms: 8

Bedrooms

  • Total Bedrooms: 12

Exterior

  • Exterior Features: See Remarks

Location

  • County: Essex
  • Driving Directions: S 20th between South Orange Ave and Ferdinand St

Heating & Cooling

  • Cooling Type: 4+ Units, Central Air Conditioning
  • Heating Type: 4+ Units, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 2-Two Story, Duplex-Side by Side
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full
  • Roof: Flat
  • Year Built: 1900
  • Remodeled/Updated: 2020

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Square Feet: 999
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Square Feet: 999
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Square Feet: 999
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 4

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room, Master Bedroom
  • Square Feet: 999
  • Levels/Stories: 2
  • Total Bathrooms: 2
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 41 x 100
  • Driveway/Sidewalk: On-Street Parking

Financial Considerations

  • Operating Expenses: $99,999
  • Assessment Amount: $288,800
  • Land Assmt: $22,500
  • Tax Amount: $11,838
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: All personal and tenants' property
  • Disclosures: Yes
  • Block: 1789
  • Lot Number: 16

Listed by Keller Williams Realty

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Listing agent

— 385 S 20th St —

  • Keller Williams Realty

718-216-1932

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 385 S 20th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/20/2026
Listed
$899,999
12.5%
MLS
9/14/2022
Sold
$800,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 385 S 20th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$11,839
148%
$311,300
144%
2022
$4,775
—
$127,800
—
2021
$4,772
33%
$127,800
—
2021
$3,598
-25%
$127,800
—
2019
$4,807
2%
$127,800
—
2018
$4,720
4%
$127,800
—
2017
$4,550
4%
$127,800
—
2016
$4,396
4%
$127,800
—
2015
$4,229
12%
$127,800
—
2013
$3,774
—
$127,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 385 S 20th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Keller Williams Realty

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385 S 20th St, Newark, NJ 07103 (MLS# 4006139) is a Multi-Family property with 4 units containing 12 bedrooms and 8 full bathrooms. 385 S 20th St is currently listed for $899,999 and was received on January 20, 2026. Want to learn more about 385 S 20th St? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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