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368 Summer Ave
Newark City NJ 07104-2812 US

$748,888

Active Listing ID 3930407
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Lot: 0.10 Acres
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Other

$748,888

Active Listing ID 3930407
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368 Summer Ave 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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Property Features

  • Facts
  • Lot Size: 0.10 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 748888
  • unparsedaddress: 368 Summer Ave
  • postalcity: Newark City
  • stateorprovince: NJ
  • country: US
  • postalcode: 07104-2812
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.1
  • lotsizeunits: Acres
  • lotsizearea: 0.1
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 40.764408
  • longitude: -74.169235
  • listagentfullname: JOSEPH GUZZARDI
  • listagentkey: 3yd-GSMLSNJ-394616
  • listagentmlsid: 394616
  • listagentofficephone: 8554500442
  • listofficekey: 3yd-GSMLSNJ-4989
  • listofficemlsid: 4989
  • disclaimer: Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GSMLSNJ
  • listingcontractdate: 2024-10-21
  • listagenturl: http://www.joinreal.com
  • countyorparish: Essex
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -74.169235, 40.76441
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Real Broker LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":null, "ListBrokerageCity":"Haddon Township", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/GSMLSNJ/e5c18ae67e1c11e786790242ac110008/20210708141522667.png", "ListBrokerageName":"Real Broker LLC", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"08108", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"320 HADDON AVE", "ListBrokerageWebsiteUrl":"http://www.joinreal.com", "ListOfficeAddress1":"165 PASSAIC AVE", "ListOfficeAddress2":"STE 205", "ListOfficeBrokerMlsId":"392566", "ListOfficeCity":"FAIRFIELD", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"07004", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Lots and Land - Newark City, NJ", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/368-Summer-Ave_Newark_NJ_07104_M90792-64791?f=listhub&s=GSMLSNJ&m=3930407&c=rexren", "MLSModificationTimestamp":"2024-10-21T11:00:50Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Lots and Land", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11817, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/15/2025 12:34:11 AM GMT
Source Updated Date: 3/11/2025 6:48:48 AM GMT

Courtesy of: JOSEPH GUZZARDI, REAL

Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.