Property

Newark City, NJ 07104 320 Summer Ave

Pending
Presented By: REAL
  • MLS# 4009538
  • 02/12/2026
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  • Beds • 4
  • Baths • 2
  • Garage • 2

Home Details

Welcome to this well-maintained two-unit property offering excellent income potential and flexible living space. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen perfect for comfortable everyday living. The finished attic provides additional rooms ideal for home office, storage or recreation, while the finished basement offers even more versatility for storage, entertaining, or personal use. A rare 2-car detached garage (which fits 4+ cars) adds tremendous value and convenience, with plenty of space for parking or additional storage. Conveniently located near public transportation, shopping, dining, and major highways, making commuting and daily errands a breeze. This property is an outstanding opportunity for investors seeking strong rental potential or for Owner-occupants looking to offset mortgage costs with rental income. Don't miss this versatile and income-producing property in a prime location!
Presented By: REAL

Interior Features for 320 Summer Ave

Bedrooms

Total Bedrooms4
Unit 1 Beds Total2
Unit 2 Beds Total2

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
UnitType1TotalRent1450
UnitType2TotalRent990
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
BasementFinished
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms4
Unit 1 Rooms4
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Living Room
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Living Room

General for 320 Summer Ave

Architectural Style3-Three Story
CoolingNone
CountyEssex
DirectionsBroadway to 2nd Ave to Summer Ave
DriveOff-Street Parking
EasementUnknown
Full Baths2
GarageDetached Garage
Garage Spaces2
Gross Income29280
Heating1 Unit, Radiators - Steam
Net Operating Income23097
Number Of Units Total2
Open Parking Spaces4
Operating Expense6184
PossessionUpon Closing
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusUnder Contract
StatusUnder Contract
Tax Annual Amount6183
Tax Assessed Value162600
Tax Lot7
Tax Year2024
Total Rooms10
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Year Built1877

Exterior for 320 Summer Ave

Exterior DescriptionAluminum Siding
Lot Dimensions25X150
Lot Size Acres0.09
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $599,000
MLS#4009538
List Date 02/12/2026
Property Type Pending
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