309 Summer Ave, Newark, NJ 07104
Local realty services provided by:Better Homes and Gardens Real Estate Maturo
309 Summer Ave,Newark City, NJ 07104
$699,999
- 6 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: christopher delgado
Office: lifestyle international realty
MLS#:4006391
Source:NJ_GSMLS
Price summary
- Price:$699,999
About this home
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.
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Home facts
- Year built:1900
- Listing ID #:4006391
- Added:1 day(s) ago
- Updated:January 22, 2026 at 08:58 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:4
- Full bathrooms:4
Heating and cooling
- Cooling:Wall A/C Unit(s)
- Heating:Baseboard - Hotwater
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1900
- Lot area:0.07 Acres
Utilities
- Water:Public Water
- Sewer:Public Available
Finances and disclosures
- Price:$699,999
- Tax amount:$12,416 (2024)
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