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464-466 Summer Ave Newark, NJ $ 900,000
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$ 900,000 Get more info
464-466 Summer Ave
$ 900,000
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464-466 Summer Ave

Newark, NJ, 07104
$ 900,000
Bedrooms-- Baths-- Sq 3,516

Monthly Estimate*

$ 5,541

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Commercial Property for sale in Newark, NJ

for $900,000 with 10 half baths. This 3,516 square foot building was built in 1910 on a lot size of 0.3.

Income-producing commercial boarding house located in the Northern section of Newark. This property features 15 rentable units, offering strong cash flow potential for investors. All tenancies are currently month-to-month, providing flexibility for repositioning or future rent adjustments. Rent roll and income/expense details available upon request. Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, certifications, and any required repairs. Conveniently located near major transportation routes, public transit, shopping, and local amenities, with easy access to highways and nearby business districts. Excellent opportunity for investors seeking a value-add or income-generating asset in a high-demand rental market.

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Commercial Active

Price

$ 900,000

Half Bath

10

Property Type

Commercial

Taxes

$ 9,285

Style

Apartment Complex

Lot Size

0.3

Year Built

1910

Town/City

Newark

County/Region

Essex

MLS | Web ID

4025818
Features
General
Sewer Public Sewer
Construction See Remarks
Heating Radiators - Steam
Cooling Window A/C(s)
Utilities Gas-Natural
Possession At the closing
Roof See Remarks
Zoning Residential
Garage Spaces 1
Year Built 1910
Tenant Pays Electric Gas Heat Hot Water Water
Township Newark City
Property Type Apartment Complex See Remarks Apartment Complex
Tax Year 2025
Ownership Fee Simple
Location Residential Area
County Essex
Status Active
Directions Google Maps
Number Of Units Total 15
Tax Annual Amount 9285
Drive Blacktop
Leasable Area 0
Standard Status Active
Tax Assessed Value 232200
Town # 1614
Tax Lot 28
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Interior
Basement Finished-Partially
Fuel Type Gas-Natural
Total Stories 0
Half Baths 10
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Exterior
Water Source Public Water
Total Parking 20
Exterior Description Vinyl Siding
Building Area Total 3516
Lot Dimensions 60X220
Lot Size Acres 0.30
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* Excluded Features
List By
BRENDAN DASILVA

Listing Agent

Keller Williams - Nj Metro Group

Broker

offers@dasilvateamnj.com

Email

Affordability Calculator

$6,315
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,541
Monthly Property Taxes
$774
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/6/2026$900,000 Listed Price

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464-466 Summer Ave, Newark, NJ, 07104 is a Commercial Property for sale at $900,000 with 3,516 sqft and a lot size of 0.3. 464-466 Summer Ave was built in 1910. The property's zip code is 07104 which is in Newark, NJ

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