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sales rep | Brivity IDX

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20 Salem St , Newark City, NJ 07106
$549,999
Est. Payment: $2,970.00/mo
6 Bed
2 Bath
0.06 Acres
Status: active | Days on site: 1
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5941 - 296596
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House Description

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!

Highlights

Listed by TAYLLOR COOPER , OP COOPER MCKELVEY REAL ESTATE CO. , 973-424-7066. Garden State MLS

Property Type

Multi-Family

Lot/Acreage
0.06

Year Built

1922

County

Essex

Listing ID

4063021

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
  • ▪ Bathrooms:2
  • ▪ Full Bathrooms:2
Basement:Unfinished
Water:Public Water

Exterior Features

Lot Dimensions:25X100
Roof:Asphalt Shingle
Others:
  • ▪ Additional:Aluminum Siding, On-Street Parking
Sewer:Public Sewer
Principal Interest
$2,970
Taxes
$432

Home Price

$549,999

Loan Details

30 yrs
7.144%

Down Payment

20%
$110,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,970.00

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,970.00 $431.50 $0.00 $3,401.50
Yearly $35,640.01 $5,178.00 $0.00 $40,818.01
Total $1,069,200.32 $155,340.00 $0.00 $1,224,540.32
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Newark City, NJ).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Garden State MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:57:18.000Z

© 2026 Garden State MLS