366 Summer Ave Newark, NJ $ 699,999
366 Summer Ave
$ 699,999
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366 Summer Ave

Newark, NJ, 07104
$ 699,999
Bedrooms6 Baths3.0

Monthly Estimate*

$ 4,367

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Multi-Family Home for sale in Newark, NJ

for $699,999 with 6 bedrooms and 3 full baths. This home was built in 1881 on a lot size of 0.1.

Fantastic Owner-Occupant or Investor Opportunity! Discover this well-maintained 3-family property offering strong rental potential and long-term value. Ideally located near transportation, shopping, schools, and houses of worship, this property delivers both convenience and growth opportunity. Each apartment features updated kitchens and modernized baths, with separate utilities tenants pay their own gas, heat, and electric keeping operating costs low. The recently redone basement and plumbing add peace of mind and functionality. large double back lot provides ample off-street parking or potential for a future build or subdivision (variance required), offering excellent upside for investors or developers. With low taxes, no oil tank on the property, and solid existing condition, this home is truly turnkey and ready to go.

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Multi-Family Active

Price

$ 699,999

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,381

Style

3-Three Story, Duplex-Side by Side

Lot Size

0.1

Year Built

1881

Town/City

Newark

County/Region

Essex

MLS | Web ID

3996066

Features
General
Sewer Public Sewer
Heating 3 Units Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Gas-Natural
Possession At closing
Roof Asphalt Shingle Composition Shingle
Water Heater Gas
Architectural Style 3-Three Story Duplex-Side by Side
Year Built 1881
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Total Rooms 15
Full Baths 3
Status Active
Directions Bloomfield Ave to Summer Ave
Open Parking Spaces 2
Number Of Units Total 3
Tax Annual Amount 8381
Drive Non-Surfaced Off-Street Parking On-Street Parking
Standard Status Active
Tax Assessed Value 220400
Town # 1614
Tax Lot 20
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Interior
Basement Full Slab Walkout
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 2
Unit 3 Baths Total 1.0
Unit 3 Beds Total 2
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Water Source Public Water
Exterior Description Brick Vinyl Siding
Lot Dimensions 25X180
Lot Size Acres 0.10
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* Excluded Features
List By
KEVIN SEAN COLLYMORE

Listing Agent

Keller Williams - Nj Metro Group

Broker

thecollymoregroup@gmail.com

Email

Affordability Calculator

$5,065
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,367
Monthly Property Taxes
$698
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/4/2025$699,999 Listed Price

Map


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366 Summer Ave, Newark, NJ, 07104 is a Multi-Family Home for sale at $699,999 with a lot size of 0.1. 366 Summer Ave has 6 bedrooms, 3.0 baths, and was built in 1881. The property's zip code is 07104 which is in Newark, NJ