368 Summer Ave
Newark City, NJ 07104-2812
- – beds
- – baths
- – sqft
- 4,356 sqft lot
- – on site
Investment opportunity in North Newark! Licensed rooming house with 18 units near Branch Brook Park. Grossing $133k/year and 8.4 cap rate. Ideal for steady cash flow and appreciation!
Last checked:
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Last updated Oct 27, 2024
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MLS# 3930407 —
Location
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Directions:Bloomfield Ave to Summer Ave Rt 21 South to Exit 4
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Latitude:40.76431
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Longitude:-74.16893
The Property
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Lot Identifier:18.02
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Approx Lot Size:4,500 Sqft
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Total Acres:0 Sqft
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Zoning:Residential Multi-Family
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Road Surface:See Remarks
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Easements:Unknown
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Farm Assessment:No
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Assessment Land:27600
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Assess Amount Land Tax:*
Listing Agent
- Contact info:
- Office phone:
- (855) 450-0442
Taxes
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Tax ID:*
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Tax ID For Property:1614-00611-0000-00018-0002-
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Tax Year:2023
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Tax Year:*
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Tax Rate:*
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Tax Rate Year:2024
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Tax Rate Amount:3.728
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Tax Amount:$11,817
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Tax Amount:$*
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Lot ID Tax:*
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Lot Size Tax:*
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Acres Tax:$*
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Block ID Tax:*
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City Tax:$*
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County Tax:$*
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Zip Code Tax:*
Utilities
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Water:Public Water on Property
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Sewer:Public Sewer on Property
The Community
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Assessment Total:317000
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Assessment Total Tax:*
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Assessment Bldg:289400
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Assess Amount Building Tax:*
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
10/21/24
Oct 21, 2024
|
Listed / Active | GSMLS | $748,888 |
