Property
Newark City, NJ 07104 440 Summer Ave
$599,000
Pending
40 more
Presented By: C-21 THOMSON & CO; 732-945-7035
Beds • 8
Baths • 3
Home Details
Prime 2-Family Investment Opportunity - Fully Vacant & Renovated! Unlock the potential of this cash-flowing investment property! This fully renovated 2-family home in the heart of Newark offers 8 bedrooms and 2 bathrooms, 2 separate driveways, a car port, and 3 garages providing an incredible opportunity for investors or owner-occupants looking to maximize rental income. Spacious Layout - Large multi-family home with generous living space in each unit. Turnkey Investment - Fully renovated with modern finishes, move-in ready for tenants or homeowners. High Rental Potential - Ideal for long-term tenants or house hacking. Prime Location - Nestled on a great street, close to all major highways and public transportation, ensuring easy commutes to NYC and beyond. Investor's dream!
Presented By: C-21 THOMSON & CO; 732-945-7035
Interior Features for 440 Summer Ave
Bedrooms
Total Bedrooms8
Unit 1 Beds Total3
Unit 2 Beds Total5
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total2.0
Other Interior Features
Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels2
UnitType1TotalRent0
UnitType2TotalRent0
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipRange/Oven - Gas, Refrigerator
Unit 2 Appl/EquipRange/Oven - Gas, Refrigerator
BasementUnfinished
Fuel TypeGas-Natural
Other Rooms
Unit 2 Rooms9
Unit 1 Rooms7
Unit 1 Room DescriptionBedrooms
Unit 2 Room DescriptionBedrooms
General for 440 Summer Ave
Architectural Style3-Three Story
CoolingNone
CountyEssex
DirectionsARLINGTON TO SUMMER AVE
DriveDriveway-Exclusive
EasementNo
Full Baths3
Gross Income
HeatingMulti-Zone
Net Operating Income
Number Of Units Total2
Open Parking Spaces15
Operating Expense
Possession0-30
RoofAsphalt Shingle
SewerPrivate
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount5795
Tax Assessed Value152400
Tax Lot11
Tax Year2024
Total Rooms15
Town #1614
TownshipNewark City
UtilitiesAll Underground
Year Built1900
Exterior for 440 Summer Ave
Exterior DescriptionVinyl Siding
Lot Dimensions28.6X241
Lot Size Acres0.16
Water SourcePrivate
Additional Details
Price History
Brian Lee
Associate