345 Summer Ave
Newark City, NJ 07104
Price: $925,000
GSMLS: 4009158Type: Multi-Family
Style: 3-Three Story, See Remarks
Total Units: 3
Beds: 5
Baths: 4 Full
Garage: No
Year Built: Unknown
Acres: 0.06
Property Tax: $5,118
Description
Exceptional Investment Opportunity on 2040 ft.² !!! " Multi-Family Residence. Introducing a beautifully renovated multi-family home offering refined living spaces and outstanding income potential. This exceptional property blends modern updates with generous layouts, making it a rare find for discerning investors. 1st Residence:Features a stylish eat-in kitchen complemented by a separate formal dining area, spacious bedrooms, a full bath, and an open living room/dining room layout designed for comfortable living and entertaining.2nd-Level Residence:Boasts 2 private entrances, an elegant eat-in kitchen with a dedicated dining area, well-appointed bedrooms, a full bath, and a bright living room/dining room combination ideal for flexible occupancy or premium rental appeal.Additional Living Spaces: Fully finished attic offering a private room and full bath, perfect for extended living or upscale bonus space. Finished lower-level bonus unit with two rooms, stall bath, and laundry hookups (stackable washer/dryer not included). Efficient baseboard heating (Gas) throughout..Exterior & Parking:Private rear driveway with off-street parking enhances convenience and exclusivity.Offered Sold As-Is. No known issues. A meticulously updated property where quality craftsmanship and thoughtful design are evident throughout. The photos speak volumes. This home is a must-see opportunity. SO MUCH MORE!!!
General Info
Style:
3-Three Story, See Remarks
SqFt Building:
2,040
Total Rooms:
12
Basement:
Yes - Finished, Full, Walkout
Interior:
Carbon Monoxide Detector, Marble Floors, See Remarks, Smoke Detector, Track Lighting, Walk-In Closet
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X110
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
2 Car Width
Spaces Available:
3
Unit 1
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
3
Room Description:
Laundry Room, Rec Room, See Remarks, Utility Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, See Remarks, Smoke Detector
Utilities:
Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom, See Remarks
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, See Remarks, Smoke Detector
Utilities:
Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
1
Total Rooms:
2
Room Description:
Attic, Den, Rec Room, See Remarks
Levels:
4
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, See Remarks, Smoke Detector
Utilities:
Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Utilities
Heating:
Multi-Zone
Heating Fuel:
Gas-Natural
Cooling:
See Remarks
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural, See Remarks
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$925,000
Tax Amount:
$5,118
Land Assessment:
$27,200
Build. Assessment:
$107,400
Total Assessment:
$134,600
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4009158
List Date:
02-09-2026
Days On Market:
0
Listing Broker:
REALTY EXECUTIVES EXCEPTIONAL
Listing Agent:
Joan Lagreca
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
