Property
Newark City, NJ 07104 424 Summer Ave
$650,000
23 more
Presented By: KELLER WILLIAMS PARK VIEWS; 551-655-1904
Beds • 13- Baths • 4
- SQFT • 5,128
Beds • 13
Baths • 4
SQFT • 5,128Home Details
Excellent 3-Family investment opportunity located at 424 Summer Ave, Newark, NJ! This spacious property features a total of 20 rooms, 13 bedrooms, and 4 full baths, offering strong income potential and flexible living arrangements. Situated on a 2,500 sq ft lot, the building is well-suited for owner-occupants or savvy investors seeking steady rental income. Conveniently located near public transportation, major highways, shopping, and local amenities don't miss this prime multifamily opportunity in a high-demand area.
Presented By: KELLER WILLIAMS PARK VIEWS; 551-655-1904
Interior Features for 424 Summer Ave
Bedrooms
Total Bedrooms13
Unit 1 Beds Total3
Unit 2 Beds Total3
Unit 3 Beds Total1
Unit 4 Beds Total3
Bathrooms
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0
Other Interior Features
Unit 1 Sq Ft1300
Unit 2 Sq Ft1300
Unit 3 Sq Ft1300
Unit 4 Sq Ft1300
Unit 1 Levels1
Unit 2 Levels7
Unit 3 Levels1
Unit 4 Levels1
UnitType1TotalRent1100
UnitType2TotalRent1100
UnitType3TotalRent800
Unit 4 Appl/EquipRefrigerator
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedYes
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces6
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CeilFan, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
Unit 2 Appl/EquipCarbMDet, CeilFan, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
Unit 3 Appl/EquipCarbMDet, CeilFan, CookGas, Microwav, RgOvGas, Refrig, SmokeDet
BasementFinished, Full, Walkout
Fuel TypeGas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, High Ceilings, Parquet Floors, Smoke Detector, Tile Floors
Other Rooms
Unit 4 Rooms5
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living Room
Unit 1 Room DescriptionAttic, Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living Room
Unit 4 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living/Dining Room, Utility Room
General for 424 Summer Ave
Architectural Style3-Three Story
CoolingWall A/C Unit(s), Window A/C(s)
CountyEssex
DirectionsDrive along Berkeley Ave, turn onto Summer Ave, and continue to 424 Summer Ave.
Drive2 Car Width
EasementNo
Full Baths4
Gross Income
Heating4+ Units, Baseboard - Hotwater
Net Operating Income
Number Of Units Total3
Open Parking Spaces2
Operating Expense
Possession2/16/26
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameMount Pleasant Section
Tax Annual Amount7499
Tax Assessed Value197200
Tax Lot3
Tax Year2024
Total Rooms20
Town #1614
TownshipNewark City
UtilitiesGas-Natural, See Remarks
Water HeaterGas
Year Built1909
Exterior for 424 Summer Ave
Building Area Total5128
Exterior AmenitiesMetal Fence, Sidewalk
Exterior DescriptionVinyl Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water
Additional Details
Price History
Charles Torres
Owner