BEDS6
BATHS4 full
MLS#4021246
STATUS
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNorth Newark
Property Description
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Finished
Cooling: Window A/C(s)
Fuel Type: Gas-Natural
Heating: Baseboard - Hotwater
Lot Size: 0.07 Acres
Roof Type: Asphalt Shingle
Taxes: $13,056
Year Built: 1900
Amenities
Metal Fence
Patio
Feature Descriptions
Exterior: Stucco
Lot Dimensions: 0.07 acre(s)
Parking Notes: None
Sewer: Public Available
Utilities: Electric, Gas-Natural
Water: Public Water
Listed By / Shown By
Listed By
Agency Name: LIFESTYLE INTERNATIONAL REALTY
Agency Contact: 862-872-8043
Shown By
Agency Title: RealtyMark
Agency Phone: 888-240-0600
Estimate Your Payment
Estimated Payment
$ 2,850.06 per month $1,557.90 Principal & Interest $1,088.00 Property Tax $204.17 Homeowner's InsuranceChange Payment Information
309 Summer Ave | MLS# 4021246
This multi-family property located at 309 Summer Ave, Newark, NJ 07104 is currently listed for sale with an asking price of $699,999. Search Newark real estate on www.realtymarkllc.com today.