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Listing Details

345 Summer Ave,Newark City, NJ 07104-2810

  • February 11, 2026

Description

Exceptional Investment Opportunity on 2040 ft.² !!! ” Multi-Family Residence. Introducing a beautifully renovated multi-family 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 room/dining 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, perfect for extended living or 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. 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!!!

Details

Last Updated On: February 11th, 2026 at 5:26 am
Property ID:PT-27931760-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 925,000 $
Bedrooms:5
Year Built:9999

Additional Details

Listing Details

Status: Active

Location

County: Essex
Lotsize: 25X110
Lot Identifier: 59
Lot Identifier: 59

Home Details

Open Parking: 3
Basement: Yes
Renovated: 2025
Basmnt/Desc: Yes - Finished, Full, Walkout
Acreage: 0.06
Total Baths: 4.00
Unit Style: 3-Three Story
Number of Units: 3
Rooms: 12
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: Asap
Unit 1 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Smoke Detector
Unit 1 Levels: 1
Unit 1 Rooms: 3
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 Room Description: Laundry Room, Rec Room, Utility Room
Unit 2 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 2 Levels: 2
Unit 2 Rooms: 5
Unit 2 Beds: 2
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Master Bedroom
Unit 3 Appliances/Equipment: Carbon Monoxide Detector, Microwave Oven, Range/Oven - Gas, Refrigerator, Smoke Detector
Unit 3 Levels: 3
Unit 3 Rooms: 3
Unit 3 Beds: 3
Unit 3 Baths: 1.0
Unit 3 Owner/Tenant Pays: Tenant Pays Gas, Tenant Pays Heat
Unit 3 Handicap: No
Unit 3 Room Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room
Block Identifier: 576
County Number: 16
Town Number: 1614
YB/Desc: 9999 - Renovated
Easement: Unknown
Parking/Driveway Description: 2 Car Width
Block Identifier: 576
County Number: 16
Town Number: 1614
Possession: Asap

Taxes, Fees & Assessments

Warranty: No
Tax ID For Property: 1614-00576-0000-00059-0000-
Tax Amount: $5,118.00
Tax Year: 2024
Tax Rate: 3.803%
Tax Rate Year: 2025
Land Assessment: $27,200.00
Building Assessment: $107,400.00
Total Assessment: $134,600.00
FHA Age Restricted: No

Utilities

Heat Source: Gas-Natural
Heat System: Multi-Zone
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Features

  • Carbon Monoxide Detector
  • Curbs
  • Marble Floors
  • See Remarks
  • Smoke Detector
  • Track Lighting
  • Walk-In Closet

Statistics

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