28
See all 28 photos
$499,000
Est. payment /mo
4 Beds
2.5 Baths
2,200 SqFt
New
72 1/2 Summer Ave Newark City, NJ 07104
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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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Listed by EXP REALTY, LLC
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