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Request Info$900,000
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464 Summer Ave #0 Overview
- Time on Site:
- 54 days
- Visits:
- 1
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.
Listing provided courtesy of KELLER WILLIAMS - NJ METRO GROUP- MLS# 4025818
Contact Information: 973-783-7400
Contact Information: 973-783-7400Love this property?
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464 Summer Ave #0 Facts & Features
- Type Commercial
- Sq. ft. 3,516
- Price/Sq.ft. $256
- Lot 0.30 Acres
Details
General
Listing Information
- For Sale Or Lease: For Sale
Building Information
- Num Apts: 15
- Year Built: 1910
Location/Region
- County Or Parish: Essex
- Location: Residential Area
Building Exterior/Construction
- Construction Date/Year Built Des: Approximate
Rent/Lease Information
- Tenant Pays: Electric, Gas, Heat, Hot Water, Water
Tax Information
- City Tax: *
- County Tax: *
- Tax Amount Tax: *
- Tax Annual Amount: $9,285.00
- Tax Assessed Value: *
- Tax Rate Amount: 3.999
- Tax Rate Year: 2025
- Tax Year: 2025
- Tax Year Tax: *
General Information
- Inclusions: See Remarks
- Property Sub Type: Apartment Complex, See Remarks
- Property Type: Commercial
- Zoning: Residential
Interior
Building Information
- Available Sq Ft: 3516
- Equipment Available: Kitchen Area
- Max Ceiling Height: 17
- Max Door Height: 15
- Num 1 Bdrm Units: 1
- Num 2 Bdrm Units: 1
- Num 3 Bdrm Units: 1
- Num 4 Bed Units: 1
- Num Units w/Full Bath: 15
- Num Units w/Half Bath: 0
- Office Sq Ft: 0
Parking Information
- Garage Spaces: 1
Beds/Baths
- Bathrooms Total: 10
Building Interior
- Building Area Total: 3516
General Information
- Cooling: Window A/C(s)
- Heating: Radiators - Steam
- Stories: 0
Unit Information
- Unit Number: 0
Exterior
Building Information
- Number of Bays: 0
- Number of Docks: 0
Parking Information
- Parking Features: Blacktop
- Parking Total: 20
Lot Information
- Approximate Lot Size: 60X220
- Lot Size Acres: 0.30
- Water Source: Public Water
Building Exterior/Construction
- Construction Materials: See Remarks
- Exterior Description: Vinyl Siding
- Roof: See Remarks
General Information
- Number Of Units Total: 15
- Sewer: Public Sewer
- Utilities: Gas-Natural
464 Summer Ave #0 Neighborhood
Community
07104 (Newark City) Demographics
34
Median Age
19,278
Population Density (per sq. mile)
24%
College Educated
$40,957
Estimated Median Income
4,673
Estimated Total Home Owners
13,756
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
464 Summer Ave #0 Monthly Cost
464 Summer Ave #0 Market Data
Based on the last 30 days in this zip code
$559,546
Average List Price
$2,590
Average Price per Square Foot
3
Properties Sold
100
Average Days on Market
34
Properties for Sale
464 Summer Ave #0 History
| Date | Value | Agent |
|---|---|---|
| 5/6/2026Source: Garden State MLS | May 06, 2026 |