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

Newark, NJ, 07104
$ 699,999
Bedrooms6 Baths4.0

Monthly Estimate*

$ 4,310

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Multi-Family Home for sale in Newark, NJ

for $699,999 with 6 bedrooms and 4 full baths. This home was built in 1900 on a lot size of 0.07.

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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Multi-Family Active

Price

$ 699,999

Bedrooms

6

Full Bath

4

Property Type

Multi-Family

Taxes

$ 12,416

Style

3-Three Story

Lot Size

0.07

Year Built

1900

Town/City

Newark

County/Region

Essex

MLS | Web ID

4006391

Features
General
Sewer Public Available
Heating Baseboard - Hotwater
Cooling Window A/C(s)
Utilities Electric Gas-Natural
Possession time of closing
Roof Asphalt Shingle
Water Heater Gas
Architectural Style 3-Three Story
Exclusions ALL PERSONAL ITEMS
Year Built 1900
Garage None
Township Newark City
Tax Year 2024
Gross Income 0
County Essex
Net Operating Income 0
Operating Expense 0
Subdivision Name North Newark
Total Rooms 12
Full Baths 4
Status Active
Directions GPS DIRECTLY TO 309 SUMMER AVE NEWARK NJ
Open Parking Spaces 0
Number Of Units Total 3
Tax Annual Amount 12416
Drive None
Standard Status Active
Tax Assessed Value 326500
Town # 1614
Tax Lot 41
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Interior
Basement Finished
Unit 1 Baths Total 1.0
Unit 1 Beds Total 2
Unit 2 Baths Total 1.0
Unit 2 Beds Total 3
Unit 3 Baths Total 1.0
Unit 3 Beds Total 1
Fuel Type Gas-Natural
Half Baths 0
Total Bedrooms 6
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Exterior
Exterior Amenities Metal Fence Patio
Water Source Public Water
Exterior Description Stucco
Lot Dimensions 25X117.6
Lot Size Acres 0.07
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* Excluded Features
List By
CHRISTOPHER DELGADO

Listing Agent

Lifestyle International Realty

Broker

cdelgado@lifestyleintrealty.com

Email

Affordability Calculator

$5,345
Per Month
81%
19%
0%
Monthly Principal & Interest
$4,310
Monthly Property Taxes
$1,035
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
1/22/2026$699,999 Listed Price

Map


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309 Summer Ave, Newark, NJ, 07104 is a Multi-Family Home for sale at $699,999 with a lot size of 0.07. 309 Summer Ave has 6 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 07104 which is in Newark, NJ