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$925,000

  • For Sale
  • Active
  • Multi-Family
  • 5 Total Beds
  • Updated 2 days ago
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Exceptional Investment Opportunity!!! " Introducing a beautifully renovated Multi-3 level home. home offering refined living spaces and outstanding income potential. This exceptional property blends modern updates with generous layouts, making it a rare find for discerning investors. 1st Residence:Features a stylish eat-in kitchen complemented by a separate formal dining area, spacious bedrooms, a full bath, and an open living rm/din room layout designed for comfortable living and entertaining. 2nd-Level Residence: Boasts 2 private entrances, an elegant eat-in kitchen with a dedicated dining area, well-appointed bedrooms, a full bath, and a bright living room/dining room combination ideal for flexible occupancy or premium rental appeal. Additional Living Spaces: Fully finished attic offering a private room and full bath, with upscale bonus space. Finished lower-level bonus unit with two rooms, stall bath, and laundry hookups (stackable washer/dryer not included). Efficient baseboard heating (Gas) throughout..Exterior & Parking:Private rear driveway with off-street parking enhances convenience and exclusivity.Offered Sold As-Is with No known issues. A meticulously updated property where quality craftsmanship and thoughtful design are evident throughout. The photos speak volumes. This home is a must-see opportunity. SO MUCH MORE!!! Will be delivered Vacant

Full Property Details for 345 Summer Ave

General

  • Price: $925,000
  • Taxes: $5,118 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4009158
  • Updated: 2/13/2026
  • Added to Site: 7 day(s) ago

Interior

  • Number of Rooms: 12
  • Interior Features: Carbon Monoxide Detector, Marble Floors, See Remarks, Smoke Detector, Track Lighting, Walk-In Closet

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 5

Exterior

  • Exterior Features: Curbs, See Remarks

Location

  • County: Essex
  • Driving Directions: Between Broadway and Mount Prospect off of 2nd Avenue

Heating & Cooling

  • Cooling Type: See Remarks
  • Heating Type: Multi-Zone
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Natural Gas, See Remarks

Structural Information

  • Architectural Style: 3-Three Story, See Remarks
  • Exterior Const.: Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full, Walk-Out
  • Roof: Asphalt Shingles
  • Square Feet: 2,040
  • Year Built: 9999
  • Remodeled/Updated: 2025

Unit Information

Unit 1

  • Unit Description: Laundry Room, Rec Room, See Remarks, Utility Room
  • Levels/Stories: 1
  • Total Bathrooms: 1

Unit 2

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

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, See Remarks
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 4

  • Unit Description: Attic, Den, Rec Room, See Remarks
  • Levels/Stories: 4
  • Total Bathrooms: 1

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 110
  • Driveway/Sidewalk: 2 Car Width

Financial Considerations

  • Assessment Amount: $107,400
  • Land Assmt: $27,200
  • Tax Amount: $5,118
  • Tax Year: 2024

Disclosures and Reports

  • Disclosures: Yes
  • Block: 576
  • Lot Number: 59

Listed by Realty Executives Exceptional

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Listing agent

— 345 Summer Ave —

  • Realty Executives Exceptional

973-725-8810

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 345 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
Abington Ave. Elementary School
209 Abington Avenue, Newark, NJ 07107
PK-80.8 mi
Technology High School
223 Broadway, Newark, NJ 07102
9-120.4 mi
Barringer High School
90 Parker Street, Newark, NJ 07104
9-120.8 mi
West Side High School
403 South Orange Avenue, Newark, NJ 07103
9-122.3 mi
Luis Munoz Marin Ele
663 Broadway, Newark, NJ 07104
PK-40.8 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.8 mi
Dr. William H. Horton Elementary School
291 North 7th Street, Newark, NJ 07107
5-81 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 345 Summer Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/09/2026
Listed
$925,000
374.36%
MLS
12/13/2020
Sold
$195,000
—
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 345 Summer Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,119
2%
$134,600
—
2022
$5,029
—
$134,600
—
2021
$5,004
33%
$134,600
—
2021
$3,767
-24%
$134,600
—
2018
$4,971
4%
$134,600
—
2017
$4,792
3%
$134,600
—
2016
$4,630
-9%
$134,600
—
2019
$5,062
14%
$134,600
—
2015
$4,454
12%
$134,600
—
2013
$3,975
—
$134,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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345 Summer Ave, Newark, NJ 07104 (MLS# 4009158) is a Multi-Family property with 3 units containing 5 bedrooms and 4 full bathrooms. 345 Summer Ave is currently listed for $925,000 and was received on February 09, 2026. Want to learn more about 345 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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