40
See all 40 photos
$579,000
Est. payment /mo
5 Beds
3.5 Baths
1,742 Sqft Lot
Coming Soon
418 Summer Ave Newark City, NJ 07104
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Key Details
Property Type Multi-Family, Commercial
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID 3969928
Style Duplex-Side by Side
Bedrooms 5
Full Baths 3
Half Baths 1
Year Built 1910
Annual Tax Amount $4,111
Tax Year 2024
Lot Size 1,742 Sqft
Property Description
Great Investment Opportunity in the Desirable Forest Hills Section of Newark! This well-maintained two-family home offers both comfort and income potential. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, a large eat-in kitchen, and an open living/dining area perfect for modern living. The second-floor unit offers even more space, with 3 generously sized bedrooms, 1 full bathroom, and a convenient half bath. Both units were tastefully renovated just four years ago and remain in excellent condition. The walk- out finished basement, complete with a full bathroom, provides additional space ideal for storage, recreation, or entertainment. The property also features a convenient garage and ample on-street parking. Each unit is currently rented, making this an ideal opportunity for investors or owner-occupants seeking rental income. Very low taxes. Conveniently located near shops, major highways, Newark Penn Station and downtown, Branch Brook Park and Newark International Airport only 7 miles away. Don't miss your chance to own a turnkey property in one of Newark's most sought-after neighborhoods!
Location
State NJ
County Essex
Rooms
Basement Finished, Walkout
Interior
Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Cooling Window A/C(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Aluminum Siding
Parking Features Carport-Detached
Garage Spaces 1.0
Utilities Available All Underground
Roof Type Asphalt Shingle
Building
Lot Description Level Lot
Sewer Public Sewer
Water Public Water
Architectural Style Duplex-Side by Side
Others
Senior Community No
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Listed by ROSA AGENCY