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    492 S 20Th St Newark, NJ 07103

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    For Lease
    $2,400 /Mo

    Updated 2-bedroom apartment with in-unit laundry and assigned parking.

    Lot size:
    0.07 Acres

    Property Features for 492 S 20Th St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1924

    Source: RE/MAX FIRST REALTY II Agent CECILIA ABERASTEGUI

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Modern Apartment Near West Side Park

    This newly updated 2-bedroom, 1-bath apartment features an open-concept kitchen, dining, and living area. The home includes in-unit laundry, assigned parking, and modern finishes. All utilities, including electric and gas, are included. There is a possibility of moving in with furniture if desired. The property is conveniently located near West Side Park, with easy access to public transportation, shopping, and major highways.
    Location Intelligence

    Current Use by Public Records

    Kir Place Custom Home Builder

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.2103527
    Latitude
    40.7401282

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    FAQs

    What type of property is this?
    Apartment building - Updated 2-bedroom apartment with in-unit laundry and assigned parking.
    Where is this apartment building located?
    The property is located at 492 S 20Th St Newark, NJ.
    What are key features of this property?
    This property features: - All utilities included (electric and gas).; - Newly updated with modern finishes throughout.; - Enjoy the convenience of in-unit laundry.
    (908) 664-1500
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    492 S 20Th St Newark, NJ 07103
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    Newark, NJ 07103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    492 S 20Th St Newark, NJ 07103
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