$599,000

440 Summer Ave Newark, NJ 07104

North Broadway Neighborhood

Estimated payment $3,647/month

Total Views 2,914
8 Beds
3 Baths
3,732 Sq Ft
$161 Price per Sq Ft

Highlights

  • Cooling Available
  • Forced Air Heating System
  • 3 Car Garage

About This Home

Prime 2-Family Investment Opportunity - Fully Vacant & Renovated! Unlock the potential of this cash-flowing investment property! This fully renovated 2-family home in the heart of Newark offers 8 bedrooms and 2 bathrooms, 2 separate driveways, a car port, and 3 garages providing an incredible opportunity for investors or owner-occupants looking to maximize rental income. Spacious Layout - Large multi-family home with generous living space in each unit. Turnkey Investment - Fully renovated with modern finishes, move-in ready for tenants or homeowners. High Rental Potential - Ideal for long-term tenants or house hacking. Prime Location - Nestled on a great street, close to all major highways and public transportation, ensuring easy commutes to NYC and beyond. Investor's dream!

Listing Agent

Kyle Golden

C21 Thomson & Co. License #1646836 Listed on: 09/09/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,796

Year Built

  • Built in 1900

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 28.6 x 241

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 3,732 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Schools

  • Ivy Hill Elementary School
  • West Side High School

Utilities

  • Cooling Available
  • Forced Air Heating System
  • Natural Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 14-00625-0000-00011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,796

Year Built

Built in 1900

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Subdivision Name: None
  • Year Built: 1900
  • General Property Info Waterview: No
  • General Property Info Basement: Yes
  • General Property Info Pool: No
  • WaterSewer Public Sewer: Yes
  • General Property Info Lot Dimensions: 28.6 x 241
  • WaterSewer Public Water: Yes
  • Water Heater Natural Gas2: Yes
  • Special Features: None

Interior Features

  • Basement: Full
  • Basement: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 8
  • Stories: 2
  • Full Basement: Yes

Exterior Features

  • Acres: 0.16
  • Waterfront: No

Garage/Parking

  • Garage: Yes
  • Garage Spaces: 3.0
  • General Property Info:Garage: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Forced Air
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Forced Air: Yes

Lot Info

  • Lot Dimensions: 28.6 x 241
  • Lot Size Sq Ft: 6969.6
  • ResoLotSizeUnits: Acres
  • Parcel #: 14-00625-0000-00011

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 5796.0
  • Tax Other Annual Assessment Amount: 152400.0

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • Elementary School: Ivy Hill
  • High School: West Side

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,681 $152,400 $33,700 $118,700
2024 $5,681 $152,400 $33,700 $118,700
2022 $5,694 $152,400 $33,700 $118,700
2021 $5,691 $152,400 $33,700 $118,700
2020 $5,791 $152,400 $33,700 $118,700
2019 $5,732 $152,400 $33,700 $118,700
2018 $5,628 $152,400 $33,700 $118,700
2017 $5,425 $152,400 $33,700 $118,700
2016 $5,243 $152,400 $33,700 $118,700
2015 $5,043 $152,400 $33,700 $118,700
2014 $4,726 $152,400 $33,700 $118,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2025 09/09/25 For Sale $599,000 -- $161 / Sq Ft
Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed -- None Listed On Document
Bargain Sale Deed $63,000 None Available
Quit Claim Deed $100 --
Deed $325,000 --
Deed $235,000 --
Deed $132,000 --
Deed $132,000 --
Deed $90,500 --
Quit Claim Deed $87,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $260,000 New Conventional
Previous Owner $188,000 Adjustable Rate Mortgage/ARM
Previous Owner $123,400 No Value Available
Source: Public Records

Source: MOREMLS (Monmouth Ocean Regional REALTORS®)

MLS Number: 22527400

MOREMLS (Monmouth Ocean Regional REALTORS®)

APN: 14-00625-0000-00011

New Jersey Essex County Newark 07104 North Broadway

440 Summer Ave, Newark, NJ

This home is located at 440 Summer Ave, Newark, NJ 07104 and is currently priced at $599,000, approximately $160 per square foot. This property was built in 1900. 440 Summer Ave is a home located in Essex County with nearby schools including Roberto Clemente Elementary School, Rafael Hernandez School, and Elliott Street Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MOREMLS (Monmouth Ocean Regional REALTORS®) IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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Kyle Golden
Listing Agent
Kyle Golden
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C21 Thomson & Co.
(201) 431-4024