Properties

Description

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

  • Heating System : 1 Unit, Baseboard - Electric
  • Cooling System : Window A/c(s)
  • Basement : Full
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 317000
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground
  • Internet

Additional Info

  • Office Name: REAL
  • Office MLS ID: 4989
  • Agent ID: 394616
  • Tax: 11817
  • Tax Year: 2023
  • Application Fee: $0
  • Zoning: R-3

Commercial For Sale

For Sale
$748,888

368 Summer Ave, Newark City, *

  • SQFT 4,500 Acre
  • Built Year 1900

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5319782
  • Price: $748,888
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1900
  • Year Built Description: Approximate
  • Lot Area: 4,500 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Map

Address Map

  • Country US
  • County Essex
  • City Newark City
  • Zipcode *
  • Street: Summer Ave
  • Street Number: 368
  • Street Direction: Bloomfield Ave to Summer Ave Rt 21 South to Exit 4
  • Floor Number: 0
  • Longitude: W75° 49' 51.9''
  • Latitude: N40° 45' 51.5''
  • Internet Display Address: Yes
Property