Property
Beds
6
Full Baths
4
1/2 Baths
None
Year Built
1900
Sq.Footage
N/A
Prime Newark Investment Opportunity Welcome to 309 Summer Avenue, a well-located three-family property offering strong upside and long-term value in the heart of Newark. This income-producing asset features three separate units, totaling 6 bedrooms and 4 bathrooms, making it ideal for both seasoned investors and owner-occupants looking to offset their mortgage with rental income.Each unit offers functional layouts with generous living space, providing flexibility for tenants and consistent rental demand. The property is situated on a highly accessible corridor near public transportation, major highways, schools, shopping, and local amenities. This is an attractive location that supports strong occupancy and appreciation potential.Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this home delivers on location, unit mix, and income potential. A solid addition to any real estate strategy in one of Newark's most convenient neighborhoods.
Features & Amenities
Interior
-
Total Bedrooms
6
-
Bathrooms
4
-
Basement YN
YES
-
Cooling YN
YES
-
Cooling
Window Unit(s)
-
Heating YN
YES
-
Heating
Baseboard, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Stucco
-
Patio and Porch Features
Patio
-
Pool
No
Area & Lot
-
Lot Size(acres)
0.07
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
3-Three Story
Price
-
Sales Price
$699,999
-
Tax Amount
12416.0
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Stories
3
-
Tax Lot
*
-
Water Source
Public
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Location
County
Essex
Elementary School
Middle School
High School
Listing Courtesy of None , LIFESTYLE INTERNATIONAL REALTY
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FOUNDER
Patrick Bolger
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