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Completely Renovated Triplex Home
For Sale
$840,000
Pending

626 S 20Th St, Newark, NJ 07103

Turnkey 3-family property with three 3-bedroom, 2-bath units, central air, forced-air heat, and in-unit washer/dryers.

Property SizeContact for details
Days on Market48

Property Features for 626 S 20Th St

General Information

Standard status Pending
Property subtype Multi Family

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $14,032

Amenities

central air
forced-air heat
washer/dryers
luxury vinyl flooring
quartz countertops
recessed lighting
stainless steel appliances
custom cabinetry
tiled bathrooms
finished basement

Building Details

Year Built 1915
Units 3
Tenancy Multi
Listed By: SPRING FUNCHES-MIKELL
Source: Elliman
Added: Jul 21 Changed: Aug 21 Last Checked: Sep 5 at 9:07AM

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 SPRING FUNCHES-MIKELL

Investment Insights

Based on property information with market context.

This completely renovated triplex includes three separate, spacious units, each featuring three bedrooms and two full bathrooms. The interiors are appointed with high ceilings and modern finishes, including luxury vinyl flooring, quartz countertops, recessed lighting, stainless steel appliances, and custom cabinetry. Each unit is equipped with central air and forced-air heat, and offers in-unit washer/dryers. A finished basement provides additional living space that can be combined with Unit 1.

The property has been updated extensively, with new roof, siding, walls, plumbing, electrical systems, and hot water heaters. WalkScore is 78 (very walkable), transitScore is 68 (good transit), and bikeScore is 51 (bikeable).

All renovations are described as complete and turnkey, supporting use by both investors and owner-occupants.

Key Highlights

  • Completely renovated 3‑family home built in 1915
  • Three units with 3 bedrooms and 2 full bathrooms each
  • Central air and forced‑air heat in each unit, plus in‑unit washer/dryers

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Gym & Fitness Center Carpet & Flooring Store Skin Care Clinic Bakery

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,340
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
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Turnkey 3-family property with three 3-bedroom, 2-bath units, central air, forced-air heat, and in-unit washer/dryers.
Where is this triplex located?
The property is located at 626 S 20Th St Newark, NJ.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: Completely renovated 3‑family home built in 1915; Three units with 3 bedrooms and 2 full bathrooms each; Central air and forced‑air heat in each unit, plus in‑unit washer/dryers
More about this property
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