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$699,999

  • For Sale
  • Active
  • Multi-Family
  • 6 Total Beds
See This Home
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See This Home
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Fantastic Owner-Occupant or Investor Opportunity! Discover this well-maintained 3-family property offering strong rental potential and long-term value. Ideally located near transportation, shopping, schools, and houses of worship, this property delivers both convenience and growth opportunity. Each apartment features updated kitchens and modernized baths, with separate utilities tenants pay their own gas, heat, and electric keeping operating costs low. The recently redone basement and plumbing add peace of mind and functionality. large double back lot provides ample off-street parking or potential for a future build or subdivision (variance required), offering excellent upside for investors or developers. With low taxes, no oil tank on the property, and solid existing condition, this home is truly turnkey and ready to go.

Full Property Details for 366 Summer Ave

General

  • Price: $699,999
  • Taxes: $8,381 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3996066
  • Updated: 11/4/2025
  • Added to Site: 72 day(s) ago

Interior

  • Number of Rooms: 15

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 6

Location

  • County: Essex
  • Driving Directions: Bloomfield Ave to Summer Ave

Heating & Cooling

  • Cooling Type: Window A/C(s)
  • Heating Type: 3 Units, Baseboard - Hotwater
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

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

Structural Information

  • Architectural Style: 3-Three Story, Duplex-Side by Side
  • Exterior Const.: Brick, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Full, Slab, Walk-Out
  • Roof: Asphalt Shingles, Composition Shingle
  • Year Built: 1881
  • Remodeled/Updated: 2020

Unit Information

Unit 1

  • Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 2

  • Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Unit Description: Bedrooms, Dining Room, Family Room, Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.1
  • Lot Dimensions: 25 x 180
  • Driveway/Sidewalk: Non-Surfaced, Off-Street Parking, On-Street Parking

Financial Considerations

  • Assessment Amount: $191,700
  • Land Assmt: $28,700
  • Tax Amount: $8,381
  • Tax Year: 2024

Disclosures and Reports

  • Block: 611
  • Lot Number: 20

Listed by Keller Williams - Nj Metro Group

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Listing agent

— 366 Summer Ave —

  • Keller Williams - Nj Metro Group

973-783-7400

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 366 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-40.3 mi
Luis Munoz Marin Ele
663 Broadway, Newark, NJ 07104
PK-40.7 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.7 mi
Franklin Elementary School, Newark, NJ
42 Park Avenue, Newark, NJ 07104
PK-40.7 mi
Elliott Street Elementary School
721 Summer Avenue, Newark, NJ 07104
K-40.9 mi
Dr. William H. Horton Elementary School
291 North 7th Street, Newark, NJ 07107
5-81 mi
Ridge Street Elementary School
735 Ridge Street, Newark, NJ 07104
5-81 mi
McKinley Elementary School, Newark, NJ
1 Colonnade Place, Newark, NJ 07104
K-41.1 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 366 Summer Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/04/2025
Listed
$699,999
77.21%
MLS
6/11/2021
Sold
$395,000
—
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 366 Summer Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,382
2%
$220,400
—
2022
$8,234
31%
$220,400
—
2021
$6,262
-2%
$220,400
31%
2020
$6,373
3%
$167,700
—
2018
$6,193
4%
$167,700
—
2017
$5,970
3%
$167,700
—
2016
$5,769
-9%
$167,700
—
2019
$6,307
14%
$167,700
—
2015
$5,549
12%
$167,700
—
2013
$4,952
—
$167,700
—
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Keller Williams - Nj Metro Group

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366 Summer Ave, Newark, NJ 07104 (MLS# 3996066) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 366 Summer Ave is currently listed for $699,999 and was received on November 04, 2025. Want to learn more about 366 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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