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337 Summer Ave # 3 Newark, NJ $ 499,999
337 Summer Ave # 3
$ 499,999
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337 Summer Ave # 3

Newark, NJ, 07104
$ 499,999
Bedrooms6 Baths3.0 Sq 3,036

Monthly Estimate*

$ 3,453

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Multi-Family Home for sale in Newark, NJ

for $499,999 with 6 bedrooms and 3 full baths. This 3,036 square foot home was built in 1865 on a lot size of 0.05.

Excellent opportunity for investors or owner-occupants! Legal 3-family offering the opportunity to live in one unit while collecting rental income from the other two. Each unit features 2 bedrooms and 1 bath. Finished basement and 3 rear parking spaces. Convenient Newark location near transportation, shopping, dining, and major highways. Sold as-is.

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Multi-Family Active

Price

$ 499,999

Bedrooms

6

Full Bath

3

Property Type

Multi-Family

Taxes

$ 7,106

Style

3-Three Story

Lot Size

0.05

Year Built

1865

Town/City

Newark

County/Region

Essex

MLS | Web ID

4059917

Features
Interior
Interior Amenities Smoke Detector
Basement Finished
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
Unit 4 Baths Total 0.0
Unit 4 Beds Total 0
Fuel Type Electric Gas-Natural
Half Baths 0
Total Bedrooms 6
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General
Sewer Public Available
Heating 3 Units
Cooling 3 Units Wall A/C Unit(s)
Utilities All Underground
Possession At Closing
Roof Asphalt Shingle
Zoning R2
Garage Spaces 0
Architectural Style 3-Three Story
Exclusions Tenant-owned refrigerators washers and dryers.
Year Built 1865
Township Newark City
Unit Number 3
Tax Year 2025
Gross Income 53000
County Essex
Net Operating Income 52986
Operating Expense 21000
Total Rooms 15
Full Baths 3
Status Active
Directions Use GPS to 337 Summer Avenue Newark NJ 07104
Open Parking Spaces 3
Number Of Units Total 3
Tax Annual Amount 7106
Home Warranty Y/N No
Drive Concrete Strip
Standard Status Active
Tax Assessed Value 177700
Town # 1614
Tax Lot 55
Farm Assessment No
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Exterior
Exterior Amenities Curbs
Water Source Public Water
Exterior Description Aluminum Siding
Building Area Total 3036
Lot Dimensions 20X110
Lot Size Acres 0.05
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* Excluded Features
List By
MARIELY MONTES

Listing Agent

Re/Max Select

Broker

marimontesrealtor@gmail.com

Email

Affordability Calculator

$4,046
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$592
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
10/19/2026$499,999 Listed Price

Map


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337 Summer Ave # 3, Newark, NJ, 07104 is a Multi-Family Home for sale at $499,999 with 3,036 sqft and a lot size of 0.05. 337 Summer Ave # 3 has 6 bedrooms, 3.0 baths, and was built in 1865. The property's zip code is 07104 which is in Newark, NJ