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817-819 Summer Avenue, Newark, NJ 07104
$725,000
817-819 Summer Avenue, Newark, NJ 07104View this property at 817-819 Summer Avenue, Newark, NJ 07104
817-819 Summer AvenueNewarkNJ07104
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Property Description
Discover an exceptional investment opportunity in North Newark with this 4-unit residential property with one large commercial garage. Situated in a highly desirable neighborhood. This property features two recently renovated units, ensuring contemporary and attractive living spaces. Located just a stone's throw away from Branch Brook Park, NJPAC, and the Prudential Center, it also provides easy access to nearby schools, shops, and public transportation options, including the Light Rail to Penn Station. Every unit is equipped with separate electric meters, simplifying utility management for both owners and tenants. Additionally, one spacious commercial garage (Rented) and a finished basement that feature two kitchens and two bathrooms allowing various possibilities. This property boasts a strong rental income potential and the prospect of long-term appreciation. Don't let this outstanding investment slip through your fingers. Property being sold "AS IS,Where IS".
Full Property Details
Full Property Details for 817-819 Summer Ave
General
- Sold For: $725,000
- Taxes: $9,052
- Status: Closed
- Type: Commercial
- MLS ID: 23034191
- Added to Site: 215 day(s) ago
Location
- County: ESSEX
Structural Information
- Architectural Style: Othr/Apt
- Description/Design: Res/Com Mixed
- Roof: Flat
- Year Built: 1900-1939
Financial Considerations
- Tax Amount: $9,052
- Landlord Pays: Heat, Water
Listed and Sold by Howard Hanna Rand Realty, Linden (908) 587-0090, Joel Reyes (973) 289-1562
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Schools
Schools serving 817-819 Summer Ave
School District:Newark Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
183 Union Ave, Belleville, NJ 07109 | K-5 | 0.7 mi | |
230 Joralemon St, Belleville, NJ 07109 | PK-5 | 1.1 mi | |
527 Belleville Ave, Belleville, NJ 07109 | K-5 | 1.1 mi | |
279 Washington Ave, Belleville, NJ 07109 | 6-8 | 0.9 mi | |
121 Beech St, Kearny, NJ 07032 | 7-8 | 1.1 mi | |
191 Rutherford Pl, N Arlington, NJ 07031 | 6-8 | 1.4 mi | |
Newark School Of Fashion & Design
239 Woodside Ave, Newark, NJ 07104 | 9-10 | 0.5 mi | |
336 Devon St, Kearny, NJ 07032 | 9-12 | 1.4 mi | |
100 Passaic Ave, Belleville, NJ 07109 | 9-12 | 1.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 817-819 Summer Ave
Date
Details
Price
Change
Source
3/06/2024
Sold
$725,000
-3.2%
MLS
11/06/2023
Listed
$749,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
817-819 Summer Avenue, Newark, NJ 07104 (MLS# 23034191) is a Commercial property that was sold at $725,000 on March 06, 2024. Want to learn more about 817-819 Summer Avenue? Do you have questions about finding other Commercial real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.