Investment opportunity in North Newark! Licensed rooming house with 18 units near Branch Brook Park. Grossing $133k/year and 8.4 cap rate. Ideal for steady cash flow and appreciation!
Active
$748,888
368 Summer Ave, Newark City, NJ 07104
--beds
--baths
4,356Square Feet
Unimproved Land
Built in ----
4,356 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 245 days
- on Zillow |
- 129 |
- 6 |
Zillow last checked: 11 hours ago
Listing updated: October 21, 2024 at 04:49am
Listed by:
Joseph Guzzardi 347-439-1807,
Real
Source: GSMLS,MLS#: 3930407

Travel times
Facts & features
Property
Lot
- Size: 4,356 Square Feet
- Dimensions: 4500 SF
Details
- Parcel number: 1614006110000000180002
- Zoning description: Residential Multi-Family
Utilities & green energy
- Sewer: Public Sewer on Property
- Water: Public Water on Property
Community & HOA
Location
- Region: Newark
Financial & listing details
- Tax assessed value: $317,000
- Annual tax amount: $11,817
- Date on market: 10/21/2024
- Road surface type: See Remarks
- Loading