Properties

Description

Explore the possibilities with this two-unit property in Newark, NJ! Featuring two residential units, this property offers flexibility for a variety of ownership and investment opportunities. Interior updates include an updated kitchen, a renovated bathroom, and a new boiler. The property also offers backyard space for outdoor enjoyment. Conveniently located within walking distance of NJ Transit, the property provides access to transportation options serving New York City, with travel to Manhattan taking approximately 30 minutes, depending on route and schedule. The surrounding area features a variety of local amenities, shopping, dining, and ongoing commercial development, including businesses such as Chick-fil-A and Whole Foods in the broader area. With two separate residential units, the property offers potential for rental income, subject to applicable zoning, occupancy, and rental requirements. Investors may also explore future rental opportunities based on market conditions and permitted rents. Convenient access to public transportation, major roadways, and nearby amenities adds to the property's appeal. Schedule a showing to explore the layout, updates, outdoor space, and possibilities this property has to offer. *Photos for the 2nd unit to follow*

Features

  • Heating System : Radiators - Steam, 2 Units
  • Cooling System : Window A/c(s), 2 Units
  • Basement : Full, Finished
  • Roof Deck : Asphalt Shingle
  • Parking Description: Off-Street Parking
  • Tax Assessed Valuation: 292000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: Gas-Natural

Additional Info

  • Office Name: EXP REALTY, LLC
  • Office MLS ID: 5028
  • Agent ID: 300361
  • Tax: 11677
  • Tax Year: 2025
  • Application Fee: $0

Multi-Family For Sale

For Sale
$499,000

72 Summer Ave, Newark City, *

  • SQFT 15 Acre
  • Bedroom 4
  • Built Year 1935

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5468698
  • Price: $499,000
  • Bedrooms: 4
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1935
  • Year Built Description: Renovated
  • Lot Area: 15 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Summer Ave
  • Street Number: 72
  • Street Direction: From Route 21, take the exit toward Summer Ave and
  • Floor Number: 0
  • Longitude: W75° 49' 35.3''
  • Latitude: N40° 45' 10.7''
  • Internet Display Address: No
Property