NJ
Essex
Newark City
07104
464-466 Summer Ave
464-466 Summer Ave, Newark City, NJ 07104
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Listing Type
Commercial/Industrial
Listing Status
Active
21
$900,000

Home Details for 464-466 Summer Ave

Price
$900,000
Type
Commercial Sale
Year built
1910
Lot size acres
0.3
County
Essex
Basement
Partially Finished
Days on site
22
MLS Listing#
4025818
Property Description

Income-producing commercial boarding house located in the Northern section of Newark. This property features 15 rentable units, offering strong cash flow potential for investors. All tenancies are currently month-to-month, providing flexibility for repositioning or future rent adjustments. Rent roll and income/expense details available upon request. Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, certifications, and any required repairs. Conveniently located near major transportation routes, public transit, shopping, and local amenities, with easy access to highways and nearby business districts. Excellent opportunity for investors seeking a value-add or income-generating asset in a high-demand rental market.

Property Features
  • Cooling Information
    • Window Unit(s)
  • Heating Information
    • Natural Gas
  • Water Features
    • Public
  • Utilities
    • Natural Gas Available
  • Basement
    • Partially Finished
Listing Courtesy: KELLER WILLIAMS - NJ METRO GROUP - 973-783-7400
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Garden State MLS.
EXIT GOLDEN REALTY GROUP
50 Midland Ave, Kearny, NJ 07032
Office
201 997 4425
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