366 Summer Ave Open House Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07104
OPEN HOUSE
Sat Nov 08, 2:00pm - 4:00pm Sun Nov 09, 2:00pm - 4:00pm
Key Details
Property Type Multi-Family, Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3996066
Style 3-Three Story, Duplex-Side by Side
Bedrooms 6
Full Baths 3
Year Built 1881
Annual Tax Amount $8,381
Tax Year 2024
Lot Size 4,356 Sqft
Property Description
Fantastic Owner-Occupant or Investor Opportunity! Discover this well-maintained 3-family property offering strong rental potential and long-term value. Ideally located near transportation, shopping, schools, and houses of worship, this property delivers both convenience and growth opportunity. Each apartment features updated kitchens and modernized baths, with separate utilities tenants pay their own gas, heat, and electric keeping operating costs low. The recently redone basement and plumbing add peace of mind and functionality. large double back lot provides ample off-street parking or potential for a future build or subdivision (variance required), offering excellent upside for investors or developers. With low taxes, no oil tank on the property, and solid existing condition, this home is truly turnkey and ready to go.
Location
State NJ
County Essex
Rooms
Basement Full, Slab, Walkout
Interior
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick, Vinyl Siding
Utilities Available Gas-Natural
Roof Type Asphalt Shingle, Composition Shingle
Building
Sewer Public Sewer
Water Public Water
Architectural Style 3-Three Story, Duplex-Side by Side
Others
Senior Community No