72 Summer Ave, Newark City, NJ 07104

$499,000
4
BD
2.1
BA

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List Price
$499,000
MLS#
4061372
Year Built
1935
Status
ACTIVE
County
Essex
City
Newark City
Bedrooms
4
Bathrooms
2.1
Baths Full
2
Baths Half
1
Acres
0.03

Property Description

Explore the possibilities with this two-unit property in Newark, NJ! Featuring two residential units, this property offers flexibility for a variety of ownership and investment opportunities. Interior updates include an updated kitchen, a renovated bathroom, and a new boiler. The property also offers backyard space for outdoor enjoyment. Conveniently located within walking distance of NJ Transit, the property provides access to transportation options serving New York City, with travel to Manhattan taking approximately 30 minutes, depending on route and schedule. The surrounding area features a variety of local amenities, shopping, dining, and ongoing commercial development, including businesses such as Chick-fil-A and Whole Foods in the broader area. With two separate residential units, the property offers potential for rental income, subject to applicable zoning, occupancy, and rental requirements. Investors may also explore future rental opportunities based on market conditions and permitted rents. Convenient access to public transportation, major roadways, and nearby amenities adds to the property's appeal. Schedule a showing to explore the layout, updates, outdoor space, and possibilities this property has to offer. *Photos for the 2nd unit to follow*

Additional Information

Taxes
$11,677
Cooling
2 Units, Window A/C(s)
Exterior
Aluminum Siding
Heating
2 Units, Radiators - Steam
Roof
Asphalt Shingle
Sewer
Public Sewer
Water
Public Water
Basement
Yes

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Listing Courtesy Of EXP REALTY, LLC, Contact: 908-913-8708

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