Closed$3,250
TLC ≈ $701/mo
2 3 1,628 sqft
7 Finch Court, Berkeley Heights, NJ 07922
20 High Street, New Providence, NJ 07974
$599,500
3 beds 3 baths 1,664 sqft Built 195074 days on marketClosed
About this home
Attention investors and say homeowners. This unique property at 20 High St, New Providence presents a rare opportunity in a sought-after location. Originally a two-family home, the property has been demolished and re-zoned for a one-family residential use, offering multiple possibilities for development. Proposed plans include a spacious three-bedroom, two-and-a-half-bath home with an office, open floor plan, ample parking, and a detached garage, perfect for modern living. Additional recreation space can be added by connecting the basement to the first floor. Floorplans are available in the documents section for review but have not yet been approved by the city. This property offers several investment paths. The existing structure can be renovated and expanded based on current designs, with estimated renovation bids ranging from $160, 000 to $200, 000. Another option is to convert the property back into a multi-family home for rental income. Alternatively, the structure can be demolished to build a brand-new one-family home, duplex, or multi-family residence, potentially creating a property valued at over $1 million. Located just steps from shopping, dining, entertainment, and NYC train access, this prime location ensures strong future value and desirability. Sold as-is. The buyer is responsible for all municipal approvals, code compliance, violations (if any), and certifications, including the certificate of occupancy.
Affordability — calculate your monthly payment
Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 4% APR.
Your estimated payment
$4,839/mo
- Real estate (PITI + HOA + PMI)
- $4,576
- Utilities
- $548
- Transportation
- $110
- Other (entertainment)
- $158
Principal + interest$2,719
Property tax + insurance$1,632
PMI / 2nd mortgage$225
Heating + cooling$112
Internet + TV + phone$158
Water + sewer + garbage$58
Car insurance + maintenance$110
Budget$5,339/mo
Remaining after TLC$500/mo
Purchase price
$599,500
Down payment
$29,975 (5%)
Loan amount
$569,525
APR
4%
Quick facts
Type
Single Family Residence
Style
Cape Cod, Remarks
Year built
1950
Lot size
0.184 ac
Stories
1
Heating
See Remarks
Cooling
None, See Remarks
Water
Public
HOA
—
Annual tax
$12,347
MLS #
2509483R
County
Union
At a glance
Basement
Garage (1)
Home features
Interior
1 BedroomLibrary/OfficeBath HalfLiving RoomBath FullDining Room2 BedroomsLaundry RoomNone
Exterior
Open Porch(es)Yard
Community
Medical FacilityRestaurant
Parking
3 Cars DeepAdditional ParkingGarageDetachedDriveway
Patio & porch
Porch
Kitchen
Separate Dining Area
Dining
Living Dining Combo
Master bedroom
1st FloorFull Bath
Flooring
See Remarks, Wood
Roof
Asphalt
Sewer
Public Available
Ownership
Fee Simple
Lot features
Level
Neighborhood — 07974
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 9,876 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 8.00% | 14.00% | 20.00% |
| Population Density | 2,303 | 1,137 | — |
| Male | 4,757 | 4,307,827 | 147,432,321 |
| Female | 5,119 | 4,525,010 | 151,655,844 |
| Never Married | 1,390 | 1,965,811 | 63,775,926 |
| Married | 4,877 | 3,647,435 | 123,120,365 |
| Separated | 362 | 391,239 | 12,639,686 |
| Widowed | 588 | 515,172 | 15,467,586 |
| Divorced | 440 | 529,393 | 23,075,029 |
| Number Of House Hold | 3,551 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.71 | 2.73 | 2.60 |
| Medial Age | 40.11 | 37.15 | 35.46 |
| Median House Hold Income | $106,055 | $63,392 | $48,276 |
| Average House Hold Income | $133,690 | $83,312 | $63,629 |
| P C I | $51,494 | $30,662 | $24,529 |
| M D I | $80,901 | $52,505 | $41,133 |
| A T H E | $87,321 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 77.46% | 81.02% | 77.74% |
(Zip) Code
7974
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 2/22/2025. Provided courtesy of EXP REALTY, LLC via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.