440 Summer Ave

Newark City, NJ 07104


 

Price: $599,000

GSMLS:  3973348
Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 8
Baths: 2 Full
Garage: No
Year Built: 1900
Acres: 0.16
Property Tax: $5,795
Description
Prime 2-family Investment Opportunity - Fully Vacant & Renovated! Unlock The Potential Of This Cash-flowing Investment Property! This Fully Renovated 2-family Home In The Heart Of Newark Offers 8 Bedrooms And 2 Bathrooms, 2 Separate Driveways, A Car Port, And 3 Garages Providing An Incredible Opportunity For Investors Or Owner-occupants Looking To Maximize Rental Income. Spacious Layout - Large Multi-family Home With Generous Living Space In Each Unit. Turnkey Investment - Fully Renovated With Modern Finishes, Move-in Ready For Tenants Or Homeowners. High Rental Potential - Ideal For Long-term Tenants Or House Hacking. Prime Location - Nestled On A Great Street, Close To All Major Highways And Public Transportation, Ensuring Easy Commutes To Nyc And Beyond. Investor's Dream!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
15
Basement:
Yes - Unfinished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
28.6X241
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Driveway-Exclusive
Spaces Available:
15
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 2
Bedrooms:
5
Bathrooms:
1
Total Rooms:
9
Room Description:
Bedrooms
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Multi-Zone
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Private
Sewer:
Private
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$599,000
Tax Amount:
$5,795
Land Assessment:
$33,700
Build. Assessment:
$118,700
Total Assessment:
$152,400
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3973348
List Date:
07-05-2025
Days On Market:
1
Listing Broker:
C-21 THOMSON & CO
Listing Agent:
 

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Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com


RE/MAX

Town & Valley II

211 Route 10 East
Succasunna, NJ 07876
Office: (973) 598-1008
Fax: (973) 598-1908


Shawn and Diane Fox