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$668,000
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Property Description
This fully vacant 2-family home is an excellent opportunity for an owner-occupant looking to live comfortably while collecting additional income. Located on a quiet residential block in Newark, the property offers private parking for up to 4 cars, a rare convenience in the area. The second unit features a spacious 2-story layout with 3 bedrooms and 2 full bathrooms, highlighted by a private 3rd-floor primary suite that occupies its own floor for added privacy. The first unit offers 2 bedrooms and 1 bathroom with a fresh, updated interior, and the finished basement'€"accessed through the common hallway'€"provides valuable extra space. Both units feature new flooring, fresh paint, and clean, modern finishes throughout, creating a comfortable move-in-ready feel. With strong rental potential and both units delivered fully vacant, this home offers flexibility and convenience in a well-located neighborhood close to schools, shopping, and transportation.
Full Property Details
Full Property Details for 502 20th St
General
- Sold For: $668,000
- Taxes: $4,540
- Status: Closed
- Type: Multi-Family
- Source: NJMLS
- MLS ID: 25041131
- Added to Site: 124 day(s) ago
Interior
- Number of Rooms: 12
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Other Rooms
- Laundry: None
Location
- Area: Newark
- County: ESSEX
Utilities
- Utility Description: Sep Elec, Sep Gas, Sep Heat, Sep Water
Structural Information
- Architectural Style: 2 Family
Financial Considerations
- For Sale: Yes
- For Sale/Rent/Lease: For Sale
- Tax Amount: $4,540
Listed by New and Modern Group (201) 298-9903, Mathew Meisels (732) 962-2148
Sold by Luxe Listings (914) 898-5893, Jade Howard
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Schools
Schools serving 502 20th St
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
South Seventeenth Street Elementary School 619 South 17th Street, Newark, NJ 07103 | K-4 | 0.4 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 0.5 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 0.7 mi |
Lincoln Elementary School, Newark, NJ 87 Richelieu Terrace, Newark, NJ 07106 | K-8 | 1.3 mi |
Ivy Hill Elementary School 107 Ivy Street, Newark, NJ 07106 | PK-8 | 1.5 mi |
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112 | K-6 | 1.5 mi |
Louise A. Spencer Elementary School 66 Muhammad Ali Avenue, Newark, NJ 07108 | PK-8 | 1.6 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 1.7 mi |
Mount Vernon Elementary School 142 Mount Vernon Place, Newark, NJ 07106 | PK-8 | 1.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 502 20th St
Date
Details
Price
Change
Source
2/25/2026
Sold
$668,000
15.39%
MLS
11/19/2025
Listed
$578,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
502 20th Street, Newark, NJ 07103 (MLS# 25041131) is a Multi-Family property that was sold at $668,000 on February 25, 2026. Want to learn more about 502 20th Street? 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.

