464-466 Summer Ave , Newark City, Essex 07104-3773
- $900,000
- $900,000
Overview
- 1
- 3516 Sqft
Description
Income-producing commercial boarding house located in the Northern section of Newark. This property features 15 rentable units, offering strong cash flow potential for investors. All tenancies are currently month-to-month, providing flexibility for repositioning or future rent adjustments. Rent roll and income/expense details available upon request. Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, certifications, and any required repairs. Conveniently located near major transportation routes, public transit, shopping, and local amenities, with easy access to highways and nearby business districts. Excellent opportunity for investors seeking a value-add or income-generating asset in a high-demand rental market.
Address
Open on Google Maps-
Address: 464-466 Summer Ave
-
City: Newark City
-
State/county: Essex
-
Zip/Postal Code: 07104-3773
Details
Updated on May 6, 2026 at 7:46 pm-
Property ID HZ4025818
-
Price $900,000
-
Property Size 3516 Sqft
-
Land Area 0.30 Acres
-
Garage 1
-
Garage Size x x
-
Year Built 1910
-
Property Status Active
Additional details
-
Roof See Remarks
-
Utilities Gas-Natural
-
Sewer Public Sewer
-
Cooling Window A/C(s)
-
Heating Radiators - Steam
-
County Essex
-
Property Type Apartment Complex
Mortgage Calculator
-
Down Payment
-
Loan Amount
-
Monthly Mortgage Payment
-
Property Tax
-
Home Insurance
-
PMI
-
Monthly HOA Fees