320 Summer Ave
Newark City, NJ 07104
Price: $599,000
GSMLS: 4009538Type: Multi-Family
Style: 3-Three Story
Total Units: 2
Beds: 4
Baths: 2 Full
Garage: 4-Car
Year Built: 1877
Acres: 0.09
Property Tax: $6,183
Description
Welcome to this well-maintained two-unit property offering excellent income potential and flexible living space. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen perfect for comfortable everyday living. The finished attic provides additional rooms ideal for home office, recreation, or extended living space, while the finished basement offers even more versatility for storage, entertaining, or personal use.A rare 4-car detached garage adds tremendous value and convenience, with plenty of space for parking or additional storage. Conveniently located near public transportation, shopping, dining, and major highways, making commuting and daily errands a breeze.This property is an outstanding opportunity for investors seeking strong rental potential or for owner-occupants looking to offset mortgage costs with rental income. Don't miss this versatile and income-producing property in a prime location!
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
10
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X150
Lot Desc:
n/a
Parking
Garage Capacity:
4-Car
Description:
Detached Garage
Parking:
Off-Street Parking
Spaces Available:
4
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
4
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Electric, Owner Pays Gas, Owner Pays Heat, Owner Pays Water
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
1 Unit, Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
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:
$599,000
Tax Amount:
$6,183
Land Assessment:
$30,300
Build. Assessment:
$132,300
Total Assessment:
$162,600
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
4009538
List Date:
02-12-2026
Days On Market:
1
Listing Broker:
REAL
Listing Agent:
Jessica Rojas
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
