Newark City, NJ 07104,368 Summer Ave
Newark City, NJ 07104,368 Summer Ave
Newark City, NJ 07104,368 Summer Ave
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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$ 748,888
Est. payment | /mo
Save

4,356 Sqft Lot

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

Garden State MLS(GSMLS)
Listed by REAL

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368 Summer Ave