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Brand-New Two-Unit Duplex
For Sale
Contact for pricing
Pending

720 S 20th St, Newark, NJ 07103

New two-unit duplex with central A/C, separate utilities, and laundry hookups in each residence.

Property SizeContact for details
Days on Market121

Property Features for 720 S 20th St

General Information

Standard status Pending
Property subtype Multifamily

Additional Details

Multifamily Units 2
Listing Agency: Exit Realty Lucky Group
Listed By: Antonio Costa · License #NJ 9481169
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 8 at 12:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Realty Lucky Group

Investment Insights

Based on property information with market context.

A brand-new two-unit duplex is proposed to be built according to plans. The first floor includes the garage, utility room, and a rec-room, with a half-bathroom connection to apartment one. Apartment number one will feature three bedrooms, a living room, dining room, kitchen, and two full bathrooms. Apartment number two will also feature three bedrooms, a living room, dining room, kitchen, and two full bathrooms.

The homes are described with wood and ceramic floors, central A/C and heat, separate utilities, and laundry hookups. An included note indicates a 10-year warranty (how) and that an owner-occupied house may qualify for a five-year tax abatement. The property is located at 720 S 20th St in Newark, NJ.

Key Highlights

  • New two‑unit duplex to be built per plans, with each residence featuring central A/C and central heat
  • Each apartment includes 3 bedrooms, a living room, dining room, and kitchen, plus 2 full bathrooms
  • Wood and ceramic floors throughout both apartments

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Gym & Fitness Center Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,386
Businesses Nearby

Demographics for 07103, NJ

39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - New two-unit duplex with central A/C, separate utilities, and laundry hookups in each residence.
Where is this duplex located?
The property is located at 720 S 20th St Newark, NJ.
What are key features of this property?
This property features: New two‑unit duplex to be built per plans, with each residence featuring central A/C and central heat; Each apartment includes 3 bedrooms, a living room, dining room, and kitchen, plus 2 full bathrooms; Wood and ceramic floors throughout both apartments
More about this property
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