$748,888

368 Summer Ave Newark, NJ 07104

Mount Pleasant-Lower Broadway Neighborhood

Estimated payment $5,034/month

Total Views 16,527
0.1 Acre
$7,488,880 Price per Acre
4,500 Sq Ft Lot

About This Lot

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!

Listing Agent

Joseph Guzzardi

REAL Brokerage Phone: 347-439-1807 Listed on: 10/21/2024

REAL

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $11,817

Lot Details

  • 4,500 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 1614-00611-0000-00018-0002-
  • Tax Block *

Property Details

Property Type

Land

Est. Annual Taxes

$11,817

Lot Details

0

Listing Details

  • County Name: Essex
  • Directions: Bloomfield Ave to Summer Ave Rt 21 South to Exit 4
  • I D: 5320056
  • Modified: 2024-10-21
  • Attribution Contact: 347-439-1807
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer Info: Public Sewer on Property
  • Water Info: Public Water on Property

Lot Info

  • Lot Size: 4500 SF
  • Assessed Improvement Value: 289400
  • Assessed Land Value: 27600
  • Assessment: 317000
  • Easement: Unknown
  • Lot Identifier: 18.02
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.10
  • Number of Lots: 1
  • Zoned Info: Residential Multi-Family

Tax Info

  • Tax Acres: *
  • Streetname Tax: *
  • Tax Amount: 11817
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-00611-0000-00018-0002-
  • Assessor Parcel Number: *
  • Tax Rate Amount: 3.728
  • Tax Rate Tax: *
  • Tax Rate Year: 2024
  • Tax Year Tax: *
  • Assessment Bldg Tax: *
  • Assessment Land Tax: *
  • Total Tax Assessed: *
  • Street Num Tax: *
  • Tax Year: 2023

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2024 10/21/24 For Sale $748,888 -- --
Source: Garden State MLS

Source: Garden State MLS

MLS Number: 3930407

Garden State MLS
New Jersey Essex County Newark 07104 Mount Pleasant-Lower Broadway

368 Summer Ave, Newark, NJ

This home is located at 368 Summer Ave, Newark, NJ 07104 and is currently priced at $748,888. 368 Summer Ave is a home located in Essex County with nearby schools including Rafael Hernandez School, Elliott Street Elementary School, and Franklin School.

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Information deemed reliable but not guaranteed.
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Nearby Homes
Listing Agent
Joseph Guzzardi
Section Image
REAL
(862) 430-2193