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Triplex with Detached Garage
New
For Sale
$650,000

617 S 20Th St, Newark, NJ 07103

Three residential units are accompanied by finished basement space with its own kitchen and bathroom.

Property Size3,672 SF
Price / SF$177.02
Days on Market5

Property Features for 617 S 20Th St

General Information

Standard status Active
Size 3,672 SF
Total Parking Spaces 2
Property subtype Multi Family

Site & Location

Neighborhood West Side
Public Transit Yes

Units

Unit Mix 3 x 3BR, 1 x bonus unit
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $9,953

Building Details

Year Built 1918
Buildings 1
Units 3
Construction brick
Listing Agency: THE REAL ESTATE COMPANY
Listed By: NEVILLE PARMAR · License #398060
Source: Elliman
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 10:13AM

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 THE REAL ESTATE COMPANY

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Investment Insights

Based on property information with market context.

Built in 1918, this Newark brick triplex contains 3,672 square feet and three three-bedroom units. Finished basement space adds a kitchen and bathroom. The property also has gas heat, separate electric meters, a detached two-car garage, and a large paved area at the rear.

NJ Transit and Newark Penn Station are minutes away. The property is located at 617 S 20th St in Newark.

Key Highlights

  • 3,672 square feet in a brick triplex built in 1918
  • Three 3‑bedroom residential units
  • Finished basement bonus space with its own kitchen and bath

Property Analytics

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Lease Details

4
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Triplex - Three residential units are accompanied by finished basement space with its own kitchen and bathroom.
Where is this triplex located?
The property is located at 617 S 20Th St Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 3,672 square feet in a brick triplex built in 1918; Three 3‑bedroom residential units; Finished basement bonus space with its own kitchen and bath
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