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368 Summer Ave

Newark City, NJ 07104
  • $748,888
  • STATUS: Active
  • ON SITE: 116 Days
  • MLS #: 3930407
UPDATED: 67 min ago
$748,888
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

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!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-15T07:46:15.163.
www.baerhomes.com/homes/156986283
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368 Summer Ave Newark City, NJ 07104

  • Price: $748,888
  • Status: Active
  • On Site: 116 Days
  • Updated: 67 min ago
  • MLS #: 3930407
0
Beds
0
Baths
0
½ Baths
0.1
Acres
County:
Essex
Area:
Newark City
Property 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!
Exterior Features

Approximate Lot Size 4500 SF Road Surface Description See Remarks

Property Features

Assessment Total 317000 Building Assessment 289400 Easement Unknown Farm Assessment No Fha Age Restricted No Land Assessment 27600 Sewer Info Public Sewer on Property Tax Amount 11817 Tax Rate Amount 3.728 Tax Rate Year 2024 Tax Year 2023 Water Info Public Water on Property Zoned Info Residential Multi-Family

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 347-439-1807.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Corcoran Baer & McIntosh. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Corcoran Baer & McIntosh are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-02-15T07:46:15.163.
 
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97 South Broadway
South Nyack NY, 10960