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$599,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 4 Total Beds
  • 4 Car Garage
  • Updated 1 day ago
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Welcome to this well-maintained two-unit property offering excellent income potential and flexible living space. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen perfect for comfortable everyday living. The finished attic provides additional rooms ideal for home office, storage or recreation, while the finished basement offers even more versatility for storage, entertaining, or personal use. A rare 4-car detached garage adds tremendous value and convenience, with plenty of space for parking or additional storage. Conveniently located near public transportation, shopping, dining, and major highways, making commuting and daily errands a breeze. This property is an outstanding opportunity for investors seeking strong rental potential or for Owner-occupants looking to offset mortgage costs with rental income. Don't miss this versatile and income-producing property in a prime location!

Full Property Details for 320 Summer Ave

General

  • Price: $599,000
  • Taxes: $6,183 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4009538
  • Updated: 2/13/2026
  • Added to Site: 3 day(s) ago

Interior

  • Number of Rooms: 10

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 4

Parking

  • Garage: Yes
  • Garage Spaces: 4
  • Garage Description: Detached Garage

Location

  • County: Essex
  • Driving Directions: Broadway to 2nd Ave to Summer Ave

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 1 Unit, Radiators - Steam
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Aluminum Siding
  • Basement: Yes
  • Basement Desc.: Finished
  • Roof: Asphalt Shingles
  • Year Built: 1877

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.09
  • Lot Dimensions: 25 x 150
  • Driveway/Sidewalk: Off-Street Parking

Financial Considerations

  • Expenses: Taxes
  • Operating Expenses: $6,184
  • Assessment Amount: $132,300
  • Land Assmt: $30,300
  • Tax Amount: $6,183
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 577
  • Lot Number: 7

Listed by Real

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Listing agent

— 320 Summer Ave —

  • Real

973-583-7594

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 320 Summer Ave

School District:Newark City School District
NameGradesDistance
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-40.2 mi
Roberto Clemente Elementary School
257 Summer Avenue, Newark, NJ 07104
K-40.2 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.7 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-120.4 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.7 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-122.2 mi
Abington Ave. Elementary School
209 Abington Avenue, Newark, NJ 07107
PK-80.8 mi
Luis Munoz Marin Ele
663 Broadway, Newark, NJ 07104
PK-40.8 mi
Dr. William H. Horton Elementary School
291 North 7th Street, Newark, NJ 07107
5-80.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 320 Summer Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/12/2026
Listed
$599,000
139.6%
MLS
2/22/2008
Sold
$250,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 320 Summer Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,184
2%
$162,600
—
2022
$6,075
—
$162,600
—
2021
$6,071
33%
$162,600
—
2021
$4,577
-25%
$162,600
—
2019
$6,115
2%
$162,600
—
2018
$6,005
4%
$162,600
—
2017
$5,789
4%
$162,600
—
2016
$5,593
4%
$162,600
—
2015
$5,380
12%
$162,600
—
2013
$4,802
—
$162,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 320 Summer Ave

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Real

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320 Summer Ave, Newark, NJ 07104 (MLS# 4009538) is a Multi-Family property with 2 units containing 4 bedrooms and 2 full bathrooms. 320 Summer Ave is currently listed for $599,000 and was received on February 12, 2026. Want to learn more about 320 Summer Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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