Property

Newark City, NJ 07104 464-466 Summer Ave

464-466 Summer Ave Newark City, NJ - Image 1464-466 Summer Ave Newark City, NJ - Image 2464-466 Summer Ave Newark City, NJ - Image 3
16 more
464-466 Summer Ave Newark City, NJ - Image 4464-466 Summer Ave Newark City, NJ - Image 5464-466 Summer Ave Newark City, NJ - Image 6464-466 Summer Ave Newark City, NJ - Image 7464-466 Summer Ave Newark City, NJ - Image 8464-466 Summer Ave Newark City, NJ - Image 9464-466 Summer Ave Newark City, NJ - Image 10464-466 Summer Ave Newark City, NJ - Image 11464-466 Summer Ave Newark City, NJ - Image 12464-466 Summer Ave Newark City, NJ - Image 13464-466 Summer Ave Newark City, NJ - Image 14464-466 Summer Ave Newark City, NJ - Image 15464-466 Summer Ave Newark City, NJ - Image 16464-466 Summer Ave Newark City, NJ - Image 17464-466 Summer Ave Newark City, NJ - Image 18464-466 Summer Ave Newark City, NJ - Image 19464-466 Summer Ave Newark City, NJ - Image 20
Presented By: KELLER WILLIAMS - NJ METRO GROUP
  • MLS# 4025818
  • 05/06/2026
  • Request Tour
  • Request Info
  • Full/Half Baths • 0 / 10
  • SQFT • 3,516
  • Garage • 1

Home Details

Income-producing commercial boarding house located in the Northern section of Newark. This property features 15 rentable units, offering strong cash flow potential for investors. All tenancies are currently month-to-month, providing flexibility for repositioning or future rent adjustments. Rent roll and income/expense details available upon request. Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, certifications, and any required repairs. Conveniently located near major transportation routes, public transit, shopping, and local amenities, with easy access to highways and nearby business districts. Excellent opportunity for investors seeking a value-add or income-generating asset in a high-demand rental market.
Presented By: KELLER WILLIAMS - NJ METRO GROUP

Interior Features for 464-466 Summer Ave

Bedrooms

Num 4 Bed Units1

Bathrooms

Num Units w/Full Bath15
Num Units w/Half Bath
Half Baths10

Other Interior Features

Price Per Sq Ft255.97
Available Sq Ft3516
Num 3 Bdrm Units1
Num 2 Bdrm Units1
Num 1 Bdrm Units1
BasementFinished-Partially
Fuel TypeGas-Natural
Total Stories

General for 464-466 Summer Ave

ConstructionSee Remarks
CoolingWindow A/C(s)
CountyEssex
DirectionsGoogle Maps
Documents AvailableSee Remarks
DriveBlacktop
EasementUnknown
Equipment AvailableKitchen Area
Garage Spaces1
HeatingRadiators - Steam
Leasable Area
LocationResidential Area
Num Apts15
Number Of Units Total15
OwnershipFee Simple
PossessionAt the closing
Property TypeApartment Complex, See Remarks
Property TypeApartment Complex
RoofSee Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount9285
Tax Assessed Value232200
Tax Lot28
Tax Year2025
Tenant PaysElectric, Gas, Heat, Hot Water, Water
Town #1614
TownshipNewark City
UtilitiesGas-Natural
Year Built1910
ZoningResidential

Exterior for 464-466 Summer Ave

Building Area Total3516
Exterior DescriptionVinyl Siding
Lot Dimensions60X220
Lot Size Acres0.30
Max Ceiling Height17
Max Door Height15
Number of Bays0
Number of Docks0
Total Parking20
Water SourcePublic Water

Additional Details

Price History

Brian Lee

Associate
Price $900,000
MLS#4025818
List Date 05/06/2026
Property Type Commercial
Request Tour
Request Info
Visit My Website

Similar Properties to 464-466 Summer Ave

Get Pre-approved