Newark City, NJ 07104 130 Summer Ave
$1,595,000
5 more
Presented By: WORLD CLASS REALTY GROUP; 908-364-4000
- MLS# 3946192
- 02/16/2025
Disclaimer: The information contained in this listing has not been verified by MyHouseNJ.com and should be verified by the buyer.
Full/Half Baths • 0 / 5
Home Details
PRIME INVESTMENT OPPORTUNITY! rare chance to own a **prime mixed-use property** in a **high-demand location**, offering instant cash flow and long-term appreciation. **5 units** across two buildings, Immediate & stable rental income **Strategic location** with high visibility & foot traffic **Turnkey investment** Whether you're an experienced investor or looking to expand your portfolio, this high-performing asset is a smart, secure, and profitable choice. **Opportunities like this don't last act now!**
Presented By: WORLD CLASS REALTY GROUP; 908-364-4000
Interior Features for 130 Summer Ave
Bedrooms
Num 4 Bed Units
Bathrooms
Half Baths5
Other Interior Features
Price Per Sq Ft0.00
Available Sq Ft0
Num 3 Bdrm Units0
Num 2 Bdrm Units3
Num 1 Bdrm Units1
BasementFull
Fuel TypeGas-Natural
Total Stories3
General for 130 Summer Ave
ConstructionSee Remarks
CoolingWindow A/C(s)
CountyEssex
DirectionsBetween Park Ave & Bloomfield Ave.
Documents AvailableSee Remarks
DriveOn-Street Parking
EasementUnknown
Equipment AvailableSmoke Detector
Garage Spaces
Gross Income145080
Heating4+ Units
Leasable Area
Lease IncludesSee Remarks
LocationBusiness District
Net Operating Income101407
Num Apts4
Number Of Units Total5
OwnerPaysSee Remarks
OwnershipFee Simple
Possessionat closing
Property TypeMixed Use
Property TypeMixedUse
RoofFlat, See Remarks
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount15025
Tax Assessed Value395100
Tax Lot24
Tax Year2024
Tenant PaysSee Remarks
Town #1614
TownshipNewark City
UtilitiesAll Underground
Utilities Paid ByTenant
Year Built9999
Zoningcommercial
Exterior for 130 Summer Ave
Building Area Total
Exterior DescriptionVinyl Siding
Lot Dimensions22.5X95.7
Lot FeaturesCorner
Lot Size Acres0.05
Max Ceiling Height
Max Door Height0
Number of Bays0
Number of Docks0
Number of Doors0
Total Parking0
Water SourcePublic Water
Additional Details
Price History
