368 Summer Ave, Newark City, NJ

About 368 Summer Ave

Investment opportunity in North Newark! Licensed rooming house with 18 units near Branch Brook Park. Grossing $133k/year and 8.4 cap rate. Ideal for steady cash flow and appreciation!

Features of 368 Summer Ave

MLS® #	3930402
Price	$748,888
Acres	0.10
Year Built	1900
Type	Commercial
Status	Active

Community Information

Address	368 Summer Ave
City	Newark City
County	Essex
State	NJ
Zip Code	07104-2812

Amenities

Utilities	All Underground
Parking	1 Car Width

Interior

Heating	Gas-Natural
Has Basement	Yes
Basement	Full

Exterior

Exterior	See Remarks
Roof	See Remarks

Additional Information

Date Listed	October 21st, 2024
Days on Market	260
Zoning	R-3

Listing Details

Office	REAL
Contact Info	347-439-1807

Listing Map

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