20 Salem St Newark, NJ $ 549,999
20 Salem St
$ 549,999
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20 Salem St

Newark, NJ, 07106
$ 549,999
Bedrooms6 Baths2.0

Monthly Estimate*

$ 3,799

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Multi-Family Home for sale in Newark, NJ

for $549,999 with 6 bedrooms and 2 full baths. This home was built in 1922 on a lot size of 0.06.

Eligible buyers may qualify for a fixed interest rate of 5.2% with a 5.3% APR through the seller's preferred lender. Financing is subject to lender approval and program terms; inquire for details. The seller is also offering concessions toward closing costs with a qualifying offer, subject to applicable loan limits and terms. A great chance to pursue affordable homeownership in a newly renovated two-family home! Move-in ready! Offering a flexible opportunity for both owner-occupants and investors. Each unit features identical floor plans with spacious bedrooms, hardwood floors throughout, quartz countertops, stainless steel appliances, and washer/dryer hookups. Live in one unit and rent the other to help offset housing costs, or explore the income potential of renting both units! With two updated apartments in Newark, this property offers a chance to build ownership and investment plans around your goals! Schedule your showing and see the possibilities for yourself!

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Multi-Family Active

Price

$ 549,999

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 5,178

Style

2-Two Story

Lot Size

0.06

Year Built

1922

Town/City

Newark

County/Region

Essex

MLS | Web ID

4063021

Features
General
Sewer Public Sewer
Heating Forced Hot Air
Cooling None
Utilities Electric Gas-Natural
Possession Fee Simple
Roof Asphalt Shingle
Architectural Style 2-Two Story
Year Built 1922
Township Newark City
Tax Year 2025
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 12
Full Baths 2
Status Active
Directions S Orange Ave to Salem St
Open Parking Spaces 0
Number Of Units Total 2
Tax Annual Amount 5178
Drive On-Street Parking
Standard Status Active
Tax Assessed Value 129500
Town # 1614
Tax Lot 15
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Interior
Basement Unfinished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 3
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Aluminum Siding
Lot Dimensions 25X100
Lot Size Acres 0.06
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* Excluded Features
List By
TAYLLOR COOPER

Listing Agent

Cooper Mckelvey Real Estate Co.

Broker

tayllor@coopermckelveyrealty.co

Email

Affordability Calculator

$4,230
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,799
Monthly Property Taxes
$432
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$549,999 Listed Price

Map


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20 Salem St, Newark, NJ, 07106 is a Multi-Family Home for sale at $549,999 with a lot size of 0.06. 20 Salem St has 6 bedrooms, 2.0 baths, and was built in 1922. The property's zip code is 07106 which is in Newark, NJ