337 Summer Ave
Newark City, NJ 07104
Price: $499,999
GSMLS: 4059917Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1865
Acres: 0.05
Property Tax: $7,106
Description
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.
General Info
Style:
3-Three Story
SqFt Building:
3,036
Total Rooms:
15
Basement:
Yes - Finished
Interior:
Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
20X110
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Concrete Strip
Spaces Available:
3
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Range/Oven - Gas, Refrigerator, Smoke Detector
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
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:
No
Utilities
Heating:
3 Units
Heating Fuel:
Electric, Gas-Natural
Cooling:
3 Units, Wall A/C Unit(s)
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Available
Utilities:
All Underground
Services:
Garbage Included
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:
$499,999
Tax Amount:
$7,106
Land Assessment:
$24,700
Build. Assessment:
$153,000
Total Assessment:
$177,700
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4059917
List Date:
10-19-2026
Days On Market:
0
Listing Broker:
RE/MAX SELECT
Listing Agent:
Mariely Montes
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
