See all 41 photos
$748,888
Est. payment /mo
4,356 Sqft Lot
Active
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
Building
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
Information deemed reliable but not guaranteed. Copyright © 2025 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by REAL
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