$579,000

418 Summer Avenue, Newark, NJ 07104

  • 5 beds |
  • 3 baths
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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 Airport

Listing Status:
Active
Date Added:
June 17, 2025 at 05:00AM
Listing Office:
Rosa Agency Elizabeth, Inc. : 908-289-5200
Listing Agent:
Nancy Marie Rosa : (732) 221-0432
MLS ID:
25021092
  • Rooms: 16

This listing courtesy of Nancy Marie Rosa, Rosa Agency Elizabeth, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.27 miles away

R

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.27 miles away

T

Technology High School

223 Broadway, Newark, NJ, 07104

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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