Newark City, NJ 07104,309 Summer Ave
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Newark City, NJ 07104,309 Summer Ave
Newark City, NJ 07104,309 Summer Ave
Newark City, NJ 07104,309 Summer Ave
Newark City, NJ 07104,309 Summer Ave
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$ 699,999
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309 Summer Ave Newark City, NJ 07104

6 Beds

4 Baths

3,049 Sqft Lot


UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision North Newark

MLS Listing ID 4006391

Style 3-Three Story

Bedrooms 6

Full Baths 4

Year Built 1900

Annual Tax Amount $12,416

Tax Year 2024

Lot Size 3,049 Sqft

Property Description

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.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stucco

Parking Features None

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Available

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No


Garden State MLS(GSMLS)
Listed by LIFESTYLE INTERNATIONAL REALTY
Patric Santo Pietro

Patric Santo Pietro

Agent | License ID: 1007170

+1(732) 570-5442

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309 Summer Ave