368 Summer Ave Active Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07104
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