Newark City, NJ 07104,368 Summer Ave
Newark City, NJ 07104,368 Summer Ave
Newark City, NJ 07104,368 Summer Ave
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$748,888
Est. payment /mo
4,356 Sqft Lot
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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3930402

Year Built 1900

Annual Tax Amount $11,817

Tax Year 2023

Lot Size 4,356 Sqft

Property Description

Investment opportunity in North Newark! Licensed rooming house with 18 units near Branch Brook Park. Grossing $133k/year and 8.4 cap rate. Ideal for steady cash flow and appreciation!

Location

State NJ

County Essex

Zoning R-3

Rooms

Basement Full

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Fire Alarm

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available All Underground

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by REAL
agent
John Davison

+1(484) 986-7388 | john@digz.house

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