Active

$549,999

20 Salem St, Newark City, NJ 07106

6beds

2,400sqft

$3,845/mo

Get pre-qualified

Multi Family

Built in 1922

-- sqft lot

$-- Zestimate^®

$229/sqft

$-- HOA

What's special

Hardwood floors throughoutSpacious bedroomsStainless steel appliancesQuartz countertops

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!

1 day
157
16

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 2
Full bathrooms: 2

Heating

Forced Air, Natural Gas

Appliances

Included: Microwave, Range/Oven - Gas, Microwave Oven

Features

Bedrooms, Eat-in Kitchen, Kitchen, Living Room, Eat-In Kitchen
Basement: Yes,Unfinished
Has fireplace: No

Interior area

Total structure area: 2,400
Total interior livable area: 2,400 sqft

Property

Parking

Parking features: On Street

Features

Levels: Two
Stories: 2

Lot

Size: 2,613 Square Feet
Dimensions: 25 x 100

Details

Parcel number: 1614041140000000150000

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Aluminum Siding
Roof: Asphalt Shingle

Condition

Year built: 1922
Major remodel year: 2026

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Location

Region: Newark

Financial & listing details

Price per square foot: $229/sqft
Tax assessed value: $129,500
Annual tax amount: $5,178
Date on market: 11/5/2026
Total actual rent: 0
Tenant pays: Electricity, Gas, Tenant Pays Electric, Tenant Pays Gas
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
11/5/2026	Listed for sale	$549,999+1206.4%$229/sqft
Source: GSMLS #4063021 Report a problem
5/18/2019	Listing removed	$1,500$1/sqft
Source: Zillow Rental Manager Report a problem
4/17/2019	Listed for rent	$1,500$1/sqft
Source: Zillow Rental Manager Report a problem
4/2/2018	Sold	$42,100-15.8%$18/sqft
Source: Public Record Report a problem
1/16/2018	Listed for sale	--
Source: Auction.com Report a problem
2/23/2017	Listing removed	$50,000$21/sqft
Source: ELITE REALTORS OF NEW JERSEY #3363901 Report a problem
2/11/2017	Listed for sale	$50,000+22%$21/sqft
Source: ELITE REALTORS OF NEW JERSEY #3363901 Report a problem
12/31/2014	Listing removed	$41,000$17/sqft
Source: Century 21 All County Real Estate LLC #3075128 Report a problem
11/30/2014	Listed for sale	$41,000+46.4%$17/sqft
Source: Century 21 All County Real Estate LLC #3075128 Report a problem
4/26/2014	Listing removed	$28,000$12/sqft
Source: Century 21 All County Real Estate LLC #3075128 Report a problem
4/23/2014	Listed for sale	$28,000$12/sqft
Source: Century 21 All County Real Estate LLC #3075128 Report a problem
10/15/2013	Listing removed	$28,000$12/sqft
Source: Century 21 All County #3075128 Report a problem
9/11/2013	Listed for sale	$28,000-71.7%$12/sqft
Source: Century 21 All County #3075128 Report a problem
12/4/2010	Listed for sale	$99,000-52.9%$41/sqft
Source: Prudential Real Estate #2809179 Report a problem
2/13/2008	Sold	$210,000+40%$88/sqft
Source: Public Record Report a problem
1/31/2005	Sold	$150,000+30.4%$63/sqft
Source: Public Record Report a problem
6/18/1998	Sold	$115,000$48/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,179 +5.2%	$129,500
2024	$4,925 +0.1%	$129,500
2023	$4,921	$129,500
2022	$4,921	$129,500
2021	$4,921 +1%	$129,500
2020	$4,871 +104.1%	$129,500
2019	$2,386	$129,500
2018	$2,386 -46.4%	$129,500
2017	$4,455 +4%	$129,500
2016	$4,285 +6.7%	$129,500
2015	$4,016 +5%	$129,500
2014	$3,824 +9.7%	$129,500 +23.7%
2012	$3,484 +4.7%	$104,700
2011	$3,329 +16.1%	$104,700
2010	$2,868 +5.4%	$104,700
2009	$2,721 +4.4%	$104,700
2008	$2,607	$104,700
2007	$2,607	$104,700
2006	--	$104,700
2005	--	$104,700
2004	$2,262	$104,700
2003	--	$104,700 +818.4%
2002	--	$11,400
2001	--	$11,400