This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/18
$499,999 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/18
Property Description
Excellent opportunity for investors or owner-occupants! Legal 3-family offering the opportunity to live in one unit while collecting rental income from the other two. Each unit features 2 bedrooms and 1 bath. Finished basement and 3 rear parking spaces. Convenient Newark location near transportation, shopping, dining, and major highways. Sold as-is.
Full Property Details
Full Property Details for 337 Summer Ave #3
General
- Price: $499,999
- Taxes: $7,106 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4059917
- Updated: 10/19/2026
- Added to Site: 5 day(s) ago
Interior
- Number of Rooms: 15
- Interior Features: Smoke Detector
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Exterior Features: Curbs
- Color: Blue
Location
- County: Essex
- Driving Directions: Use GPS to 337 Summer Avenue, Newark, NJ 07104
Heating & Cooling
- Cooling Type: 3 Units, Wall A/C Unit(s)
- Heating Type: 3 Units
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Available
- Water: Public Water
- Utility Description: All Underground, Garbage Included
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding
- Basement: Yes
- Basement Desc.: Finished
- Roof: Asphalt Shingles
- Square Feet: 3,036
- Year Built: 1865
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 1012
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 1012
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Unit Description: Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room, Master Bedroom
- Square Feet: 1012
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.05
- Lot Dimensions: 20 x 110
- Driveway/Sidewalk: Concrete Strip
- Zoning: R2
Financial Considerations
- Expenses: Utilities, Electricity, Gas, Taxes
- Operating Expenses: $21,000
- Assessment Amount: $153,000
- Land Assmt: $24,700
- Tax Amount: $7,106
- Tax Year: 2025
Disclosures and Reports
- Exclusions: Tenant-owned refrigerators, washers and dryers.
- Disclosures: Yes
- Block: 576
- Lot Number: 55
Listed by Re/Max Select
Get Pre-Approved Today
Schools
Schools serving 337 Summer Ave #3
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.2 mi |
Roberto Clemente Elementary School 257 Summer Avenue, Newark, NJ 07104 | K-4 | 0.2 mi |
Abington Ave. Elementary School 209 Abington Avenue, Newark, NJ 07107 | PK-8 | 0.8 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.4 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.8 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 2.3 mi |
Luis Munoz Marin Ele 663 Broadway, Newark, NJ 07104 | PK-4 | 0.8 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.8 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 337 Summer Ave #3
Date
Details
Price
Change
Source
10/19/2026
Listed
$499,999
104.08%
MLS
3/15/2019
Sold
$245,000
—
Public Record
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
Tax History for 337 Summer Ave #3
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,106
7%
$177,700
—
2023
$6,625
—
$177,700
—
2022
$6,639
—
$177,700
—
2021
$6,635
33%
$177,700
—
2021
$5,002
16%
$177,700
55%
2019
$4,325
2%
$115,000
—
2018
$4,247
4%
$115,000
—
2017
$4,094
3%
$115,000
—
2016
$3,956
4%
$115,000
—
2015
$3,805
12%
$115,000
—
2013
$3,396
—
$115,000
—
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
Estimate the Cost for 337 Summer Ave #3
337 Summer Ave #3, Newark, NJ 07104 (MLS# 4059917) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 337 Summer Ave #3 is currently listed for $499,999 and was received on October 19, 2026. Want to learn more about 337 Summer Ave #3? 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.

