72 1/2 Summer Avenue Newark, NJ $ 499,000
72 1/2 Summer Avenue
$ 499,000
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72 1/2 Summer Avenue

Newark, NJ, 07104
$ 499,000
Bedrooms4 Baths2.1

Monthly Estimate*

$ 3,446

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Multi-Family Home for sale in Newark, NJ

for $499,000 with 4 bedrooms and 2 full baths, 1 half bath.

Explore the possibilities with this two-unit property in Newark, NJ! Featuring two residential units, this property offers flexibility for a variety of ownership and investment opportunities. Interior updates include an updated kitchen, a renovated bathroom, and a new boiler. The property also offers backyard space for outdoor enjoyment. Conveniently located within walking distance of NJ Transit, the property provides access to transportation options serving New York City, with travel to Manhattan taking approximately 30 minutes, depending on route and schedule. The surrounding area features a variety of local amenities, shopping, dining, and ongoing commercial development, including businesses such as Chick-fil-A and Whole Foods in the broader area. With two separate residential units, the property offers potential for rental income, subject to applicable zoning, occupancy, and rental requirements. Investors may also explore future rental opportunities based on market conditions and permitted rents. Convenient access to public transportation, major roadways, and nearby amenities adds to the property's appeal. Schedule a showing to explore the layout, updates, outdoor space, and possibilities this property has to offer. *Photos for the 2nd unit to follow*

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Multi-Family Active

Price

$ 499,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Multi-Family

Taxes

$ 11,677

Style

2 Family

Town/City

Newark

County/Region

Essex

MLS | Web ID

26039765

Features
General
Utilities Electricity Connected Natural Gas Connected Sep Heat Water Connected
Architectural Style 2 Family
Rooms None
County ESSEX
Property Type 2-4 Family
HOA N
Total Rooms 10
Full Baths 2
Status Active - Active
City Newark
Disclosures Seller's Agent
Year Built Details 1900-1939 Build Prior to 1978
Tax Annual Amount 11677
MLS Area Minor 400
Lease Considered Y/N N
Standard Status Active
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Interior
Heating Y/N N
Half Baths 1
Laundry Features None
Total Bedrooms 4
Total Baths 3
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* Excluded Features

Affordability Calculator

$4,420
Per Month
78%
22%
0%
Monthly Principal & Interest
$3,446
Monthly Property Taxes
$973
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
0 Elementary School
0 Middle School
Pricing History
DatePricePrice ChangeDescription
10/27/2026$499,000 Listed Price

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72 1/2 Summer Avenue, Newark, NJ, 07104 is a Multi-Family Home for sale at $499,000. 72 1/2 Summer Avenue has 4 bedrooms and 2.1 baths. The property's zip code is 07104 which is in Newark, NJ