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
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4,356 Sqft Lot
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368 Summer Ave Newark City, NJ 07104

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UPDATED:

10/21/2024 01:46 PM

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

Parking Type 1 Car Width

Building

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple


Garden State MLS(GSMLS)
Listed by REAL

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Gary Pallay

Sales Associate

+1(908) 698-1053

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368 Summer Ave