309 Summer Ave, Newark City NJ 07104-2865

Property City
Newark City
Property Media
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Property Price
$699,999
Bedrooms
6
Year Built
1900
Tax Annual Amount
$12416
TaxYear (*text)
2024
Roof (*text)
Asphalt Shingle
Lot Size Area
0.07
MLS Status
Active
MLS #
4006391

Prime Newark Investment Opportunity Welcome to 309 Summer Avenue, a well-located three-family property offering strong upside and long-term value in the heart of Newark. This income-producing asset features three separate units, totaling 6 bedrooms and 4 bathrooms, making it ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income.Each unit offers functional layouts with generous living space, providing flexibility for tenants and consistent rental demand. The property is situated on a highly accessible corridor near public transportation, major highways, schools, shopping, and local amenities. This is an attractive location that supports strong occupancy and appreciation potential.Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this home delivers on location, unit mix, and income potential. A solid addition to any real estate strategy in one of Newark's most convenient neighborhoods.

Yearly Tax Rate
3.803
Year Built (*numeric)
1900
Basement
Yes
Roofing (*text)
Asphalt Shingle
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Window A/C(s)
Heating
Baseboard - Hotwater
Lot Size Dimensions
25X117.6
Property Location

40.76242, -74.16993

Geo Lat Long Proximity (field_pro_lat_long)
Units: Miles
Origin Coordinates
Value in decimal degrees. Use dot (.) as decimal separator.
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GSMLS
buynjhome Jagdeep

Jagdeep Singh

+1(848)242-6762