$ 748,888
368 Summer Ave Newark City, NJ 07104
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 748,888
Est. payment /mo
Active
368 Summer Ave Newark City, NJ 07104
4,356 Sqft Lot
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
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Listed by REAL