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418 Summer Ave, Newark City, NJ 07104

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For Sale
Sale Pending

$579,000

5 beds • 3 baths • 1 half baths

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Over 50 Years Old
    Age

  • Basement
    Rooms

Explore this Property

Great Investment Opportunity in the Desirable Forest Hills Section of Newark! This well-maintained two-family home offers both comfort and income potential. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, a large eat-in kitchen, and an open living/dining area perfect for modern living. The second-floor unit offers even more space, with 3 generously sized bedrooms, 1 full bathroom, and a convenient half bath. Both units were tastefully renovated just four years ago and remain in excellent condition. The walk- out finished basement, complete with a full bathroom, provides additional space ideal for storage, recreation, or entertainment. The property also features a convenient garage and ample on-street parking. Each unit is currently rented, making this an ideal opportunity for investors or owner-occupants seeking rental income. Very low taxes. Conveniently located near shops, major highways, Newark Penn Station and downtown, Branch Brook Park and Newark International Airport only 7 miles away. Don't miss your chance to own a turnkey property in one of Newark's most sought-after neighborhoods!
MLS# 3969928

Courtesy Of Rosa Agency Ironbound LLC

(908) 289-5200

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Oven - Gas, Range, Washer
  • Architecture Style
    Other
  • Exterior Type
    Aluminum Siding
  • Lot Size
    0.04 Acres
  • Roof Type
    Asphalt
  • Rooms
    Basement, Dining Room, Kitchen

Map and Directions

Directions to 418 Summer Ave, Newark City, NJ 07104

Home seller CENTURY 21 JR Gold Team Realty

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 JR Gold Team Realty

(973) 772-9404
Learn More About Us

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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