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Under contract
  • $599,000

    320 Summer Ave, Newark City, NJ 07104

    4beds
    --sqft
    : 
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    Multi Family
    Built in 1877
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Eat-in kitchenFinished basementFinished attic
    Welcome to this well-maintained two-unit property offering excellent income potential and flexible living space. Each unit features 2 spacious bedrooms, 1 full bathroom, a bright living room, and an eat-in kitchen perfect for comfortable everyday living. The finished attic provides additional rooms ideal for home office, storage or recreation, while the finished basement offers even more versatility for storage, entertaining, or personal use. A rare 2-car detached garage (which fits 4+ cars) adds tremendous value and convenience, with plenty of space for parking or additional storage. Conveniently located near public transportation, shopping, dining, and major highways, making commuting and daily errands a breeze. This property is an outstanding opportunity for investors seeking strong rental potential or for Owner-occupants looking to offset mortgage costs with rental income. Don't miss this versatile and income-producing property in a prime location!
    145 days
    |
    21
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Rojas 973-583-7594,

    Real

    Source: GSMLS,MLS#: 4009538MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • 1 Unit, Radiators - Steam, Natural Gas
      Appliances
      • Included: Range/Oven - Gas, Refrigerator
      Features
      • Bedrooms, Eat-in Kitchen, Living Room, Eat-In Kitchen
      • Basement: Yes,Finished
      • Has fireplace: No
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Total spaces: 4
      • Parking features: Off Street, Detached Garage
      • Garage spaces: 2
      • Uncovered spaces: 4
      Features
      • Levels: 3-Three Story
      • Stories: 3
      Lot
      • Size: 3,920 Square Feet
      • Dimensions: 25 x 150
      Details
      • Parcel number: 1614005770000000070000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Aluminum Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 1877

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected

      Community & HOA

      Location
      • Region: Newark

      Financial & listing details

      • Tax assessed value: $162,600
      • Annual tax amount: $6,183
      • Date on market: 2/12/2026
      • Total actual rent: 2440
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,533/mo

        Price history

        DateEventPrice
        3/3/2026Pending sale$599,000
        Source: GSMLS #4009538 Report a problem
        2/12/2026Listed for sale$599,000+139.6%
        Source: GSMLS #4009538 Report a problem
        4/3/2008Sold$250,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,502 +5.2%$162,600
        2024$6,184 +0.1%$162,600
        2023$6,179 $162,600
        2022$6,179 $162,600
        2021$6,179 +1%$162,600
        2020$6,115 +37.4%$162,600
        2019$4,450 $162,600
        2018$4,450 -20.5%$162,600
        2017$5,593 +4%$162,600
        2016$5,380 +6.7%$162,600
        2015$5,042 +5%$162,600
        2014$4,802 -17.2%$162,600
        2013$5,796 +3.7%$162,600 -3.2%
        2012$5,588 +4.7%$167,900
        2011$5,339 +16.1%$167,900
        2010$4,599 +5.4%$167,900
        2009$4,364 +4.4%$167,900
        2008$4,181 $167,900
        2007$4,181 $167,900
        2006-- $167,900
        2005-- $167,900
        2004$3,627 $167,900
        2003-- $167,900 +1546.1%
        2002-- $10,200
        2001-- $10,200

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: North Broadway

        Getting around

        84 / 100
        Very Walkable
        66 / 100
        Good Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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