- Multi-Family Residential
- Active
- 2 months ago
366 Summer Ave
Newark City NJ 07104-5283
$689,000
25X180
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.
Facts and Features
Type
Multi-Family Residential
Year Built
2025
Heating
Gas-Natural
SQFT
25X180
Bedrooms
6
bathrooms
3.00
GARAGE
Status
Active
Interior Features
- Basement Description
- Full, Slab, Walkout
- Basement
- Yes
- Total # Full Baths
- 3
- Total # Baths
- 3.00
- # Bedrooms
- 6
- Cooling
- Window A/C(s)
- Heating
- 3 Units, Baseboard - Hotwater
- Fuel Type
- Gas-Natural
- Status
- Active
- Total # Rooms
- 15
- Unit 1 Appl/Equip
- CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
- Unit 1 Baths
- 1.0
- Unit 1 Bedrooms
- 2
- Unit 1 Handicap Modified
- No
- Unit 1 Levels
- 1
- Unit 1 Owner/Tenant Pays
- Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
- Unit 1 Rent
- 1250
- Unit 1 Room Description
- Bedrooms, Dining Room, Family Room, Kitchen, Living Room
- Unit 1 Rooms
- 5
- Unit 2 Appl/Equip
- CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
- Unit 2 Baths
- 1.0
- Unit 2 Bedrooms
- 2
- Unit 2 Handicap Modified
- No
- Unit 2 Levels
- 1
- Unit 2 Owner/Tenant Pays
- Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
- Unit 2 Rent
- 900
- Unit 2 Room Description
- Bedrooms, Dining Room, Family Room, Kitchen, Living Room
- Unit 2 Rooms
- 5
- Unit 3 Appl/Equip
- CarbMDet,CookGas,RgOvGas,Refrig,SmokeDet
- Unit 3 Baths
- 1.0
- Unit 3 Bedrooms
- 2
- Unit 3 Handicap Modified
- No
- Unit 3 Levels
- 1
- Unit 3 Owner/Tenant Pays
- Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
- Unit 3 Rent
- 1250
- Unit 3 Room Description
- Bedrooms, Dining Room, Family Room, Kitchen, Living Room
- Unit 3 Rooms
- 5
- Unit Style
- 3-Three Story, Duplex-Side by Side
- Water Heater
- Gas
Exterior Features
- Total Acres
- 0.10
- Parking/Driveway Description
- Non-Surfaced, Off-Street Parking, On-Street Parking
- Easement
- No
- Exterior Description
- Brick, Vinyl Siding
- Approximate Lot Size
- 25X180
- # Parking Spaces
- 2
- Roof Description
- Asphalt Shingle, Composition Shingle
- Sewer
- Public Sewer
- Total # Units
- 3
- Utilities
- Gas-Natural
- Water
- Public Water
- Construction Date/Year Built
- 1881
- Construction Date/Year Built Des
- Approximate