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Jamille Hernandez

jamille@3sixtyrealtynj.com +1(973) 405-7766

$ 699,999

Est. payment | -/mo

6 Beds

4 Baths

3,049 Sqft Lot

Save

$ 699,999

Est. payment | -/mo

Save

6 Beds

4 Baths

3,049 Sqft Lot

Open House

Sun Apr 19, 12:00pm - 2:00pm

Key Details

Property Type Multi-Family, Commercial

Listing Status Active

Purchase Type For Sale

Subdivision North Newark

MLS Listing ID 4021246

Style 3-Three Story

Bedrooms 6

Full Baths 4

Year Built 1900

Annual Tax Amount $13,056

Tax Year 2025

Lot Size 3,049 Sqft

Property Description

Prime Newark Investment Opportunity Welcome to 309 Summer Avenue, a well-located three-family property offering strong upside and long-term value in the heart of Newark. This income-producing asset features three separate units, totaling 6 bedrooms and 4 bathrooms, making it ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income.Each unit offers functional layouts with generous living space, providing flexibility for tenants and consistent rental demand. The property is situated on a highly accessible corridor near public transportation, major highways, schools, shopping, and local amenities. This is an attractive location that supports strong occupancy and appreciation potential.Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this home delivers on location, unit mix, and income potential. A solid addition to any real estate strategy in one of Newark's most convenient neighborhoods.

Location

State NJ

County Essex

Rooms

Basement Finished

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Heat Source Gas-Natural

Exterior

Exterior Feature Stucco

Parking Features None

Utilities Available Electric, Gas-Natural

Roof Type Asphalt Shingle

Building

Sewer Public Available

Water Public Water

Architectural Style 3-Three Story

Others

Senior Community No

Listed by LIFESTYLE INTERNATIONAL REALTY

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(973) 405-7766

jamille@3sixtyrealtynj.com

615 Washington Ave, Belleville, NJ, 07109, USA

309 Summer Ave Newark City, NJ 07104