Property

Newark City, NJ 07104 368 Summer Ave

$748,888

36 more

Presented By: REAL; 347-439-1807

MLS# 3930407
10/21/2024

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Home Details

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!

Presented By: REAL; 347-439-1807

General for 368 Summer Ave

CountyEssex

DirectionsBloomfield Ave to Summer Ave Rt 21 South to Exit 4

EasementUnknown

Farm AssessmentNo

Number of Lots1

Possessionat closing

Standard StatusActive

StatusActive

Tax Annual Amount11817

Tax Assessed Value317000

Tax Lot18.02

Tax Year2023

Town #1614

TownshipNewark City

Zoned InfoResidential Multi-Family

Exterior for 368 Summer Ave

Lot Dimensions4500 SF

Lot Size Acres0.10

Road Surface DescriptionSee Remarks

Sewer InfoPublic Sewer on Property

Water InfoPublic Water on Property

Additional Details

Price History

Jenniffer Bravo Llerena

Associate

Price $748,888

MLS#3930407

List Date 10/21/2024

Property Type Land

Phone (862) 444-9492

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