72 1/2 Summer Ave, Newark City, NJ 07104
72 1/2 Summer Ave, Newark City, NJ 07104
72 1/2 Summer Ave, Newark City, NJ 07104
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$499,000
Est. payment /mo
4 Beds
2.5 Baths
2,200 SqFt
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Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 2,200 sqft

Price per Sqft $226

MLS Listing ID 4061372

Style 2-Two Story

Bedrooms 4

Full Baths 2

Half Baths 1

Year Built 1935

Annual Tax Amount $11,677

Tax Year 2025

Lot Size 1,306 Sqft

Property 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*

Location

State NJ

County Essex

Rooms

Basement Finished, Full

Interior

Heating Gas-Natural

Cooling 2 Units, Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Aluminum Siding

Utilities Available Gas-Natural

Roof Type Asphalt Shingle

Garage No

Building

Sewer Public Sewer

Water Public Water

Architectural Style 2-Two Story

Others

Senior Community No


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Garden State MLS(GSMLS)
Listed by EXP REALTY, LLC

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Name

Name

Phone*

Phone

Message

Message
Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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72 1/2 Summer Ave