368-370 Summer Ave | Newark, NJ 07104
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- LoopNet Team
368-370 Summer Ave
Newark, NJ 07104
Multifamily Property For Sale
·
18 Units
INVESTMENT HIGHLIGHTS
- Amazing investment opportunity in North Newark! Licensed Rooming House with 18 rooms near Branch Brook Park.
- Apartment features: A/C, a refrigerator, a tub/shower, heating, and dedicated kitchen spaces, including an oven.
- North Broadway is a densely populated urban neighborhood with plenty of housing options ranging from affordable to upscale.
- Community amenities include laundry facilities, 24-hour access, and individual tenant storage space.
PROPERTY FACTS
| No. Units | 18 | Lot Size | 0.11 AC |
| Property Type | Multifamily | Building Size | 4,500 SF |
| Property Subtype | Average Occupancy | 100% | |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1910 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 4,500 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1910 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Storage Space
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+5 | 18 | - | - |
PROPERTY TAXES
| Parcel Number | 14-00611-0000-00018-02 | Improvements Assessment | $289,400 |
| Land Assessment | $27,600 | Total Assessment | $317,000 |
PROPERTY TAXES
Parcel Number
14-00611-0000-00018-02
Land Assessment
$27,600
Improvements Assessment
$289,400
Total Assessment
$317,000
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