Property

Newark City, NJ 07104 309 Summer Ave

Pending
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Presented By: LIFESTYLE INTERNATIONAL REALTY
  • MLS# 4021246
  • 04/16/2026
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 4

Home Details

Prime Newark Investment Opportunity Welcome to 309 Summer Avenue, a well-located three-family property offering strong upside and long-term value in the heart of Newark. This income-producing asset features three separate units, totaling 6 bedrooms and 4 bathrooms, making it ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income.Each unit offers functional layouts with generous living space, providing flexibility for tenants and consistent rental demand. The property is situated on a highly accessible corridor near public transportation, major highways, schools, shopping, and local amenities. This is an attractive location that supports strong occupancy and appreciation potential.Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this home delivers on location, unit mix, and income potential. A solid addition to any real estate strategy in one of Newark's most convenient neighborhoods.
Presented By: LIFESTYLE INTERNATIONAL REALTY

Interior Features for 309 Summer Ave

Bedrooms

Total Bedrooms6
Unit 1 Beds Total2
Unit 2 Beds Total3
Unit 3 Beds Total1

Bathrooms

Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft0
Unit 2 Sq Ft0
Unit 3 Sq Ft0
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels1
UnitType1TotalRent1750
UnitType2TotalRent1800
UnitType3TotalRent1243
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Refrigerator
BasementFinished
Fuel TypeGas-Natural

Other Rooms

Unit 2 Rooms5
Unit 1 Rooms4
Unit 3 Rooms3
Unit 3 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks
Unit 1 Room DescriptionBedrooms, Eat-In Kitchen, Family Room, Kitchen, Living Room, See Remarks
Unit 2 Room DescriptionBedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks

General for 309 Summer Ave

Architectural Style3-Three Story
CoolingWindow A/C(s)
CountyEssex
DirectionsGPS DIRECTLY TO 309 SUMMER AVE NEWARK, NJ
DriveNone
EasementNo
ExclusionsALL PERSONAL ITEMS
Full Baths4
GarageNone
Gross Income
HeatingBaseboard - Hotwater
Net Operating Income
Number Of Units Total3
Open Parking Spaces
Operating Expense
Possessiontime of closing
RoofAsphalt Shingle
SewerPublic Available
Standard StatusUnder Contract
StatusUnder Contract
Subdivision NameNorth Newark
Tax Annual Amount13056
Tax Assessed Value326500
Tax Lot41
Tax Year2025
Total Rooms12
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Water HeaterGas
Year Built1900

Exterior for 309 Summer Ave

Exterior AmenitiesMetal Fence, Patio
Exterior DescriptionStucco
Lot Dimensions25X117.6
Lot Size Acres0.07
Water SourcePublic Water

Additional Details

Price History

Charles Torres

Owner
Price $699,999
MLS#4021246
List Date 04/16/2026
Property Type Pending
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