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Sold for $605,000
    • $605,000

    418 Summer Ave, Newark, NJ 07104

    5beds
    --sqft
    Multi Family
    Built in ----
    -- sqft lot
    $679,100 Zestimate®
    $--/sqft
    $2,622 Estimated rent

    Home value

    $679,100

    $618,000 - $747,000

    $2,622/mo

    Zestimate® history
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    What's special

    Great Investment Opportunity in the Desirable Forest Hills Section of Newark! This well-maintained two-family home offers both comfort and income potential. The first-floor unit features 2 spacious bedrooms, 1 full bathroom, a large eat-in kitchen, and an open living/dining area perfect for modern living. The second-floor unit offers even more space, with 3 generously sized bedrooms, 1 full bathroom, and a convenient half bath. Both units were tastefully renovated just four years ago and remain in excellent condition. The walk-out finished basement, complete with a full bathroom, provides additional space ideal for storage, recreation, or entertainment. The property also features a convenient garage and ample on-street parking. Each unit is currently rented, making this an ideal opportunity for investors or owner-occupants seeking rental income. Very low taxes. Conveniently located near shops, major highways, Newark Penn Station and downtown, Branch Brook Park, and Newark Airport

    Zillow last checked:

    Listing updated:

    Listed by:

    Nancy Marie Rosa 732-221-0432,

    Rosa Agency Elizabeth, Inc.

    Bought with:

    Outside Agent

    Outside Office

    Source: NJMLS,MLS#: 25021092MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3

    Property

    Parking
    • Total spaces: 1
    • Parking features: Garage
    • Garage spaces: 1
    Details
    • Parcel number: 140062600000100030

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sep Heat

    Community & neighborhood

    Location
    • Region: Newark

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell

    Price history

    DateEventPrice
    8/12/2025Sold$605,000+4.5%
    Source: NJMLS #25021092 Report a problem
    7/8/2025Pending sale$579,000
    Source: GSMLS #3969928 Report a problem
    6/17/2025Listed for sale$579,000+299.3%
    Source: NJMLS #25021092 Report a problem
    7/20/2018Sold$145,000-8%
    Source: Public Record Report a problem
    1/10/2018Listing removed$157,599+5.1%
    Source: Auction.com Report a problem
    11/23/2017Listed for sale--
    Source: Auction.com Report a problem
    4/19/2017Listing removed$149,999
    Source: Home Key Realty, LLC #1711875 Report a problem
    3/31/2017Listed for sale$149,999+183%
    Source: Home Key Realty, LLC #1711875 Report a problem
    2/8/2016Sold$53,000
    Source: Public Record Report a problem
    9/17/2009Sold$53,000-81.8%
    Source: Public Record Report a problem
    2/13/2007Sold$292,000+83.6%
    Source: Public Record Report a problem
    1/12/2005Sold$159,000+152.4%
    Source: Public Record Report a problem
    9/7/2001Sold$63,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,323 +5.2%$108,100
    2024$4,111 +1.8%$108,100
    2023$4,039 -3.6%$108,100
    2022$4,188 $108,100 -1.9%
    2021$4,188 +1%$110,200
    2020$4,145 +111.3%$110,200
    2019$1,962 $110,200
    2018$1,962 -48.3%$110,200
    2017$3,791 +4%$110,200
    2016$3,647 +6.7%$110,200
    2015$3,417 +5%$110,200
    2014$3,254 -30.4%$110,200
    2013$4,677 +3.7%$110,200 -18.7%
    2012$4,509 +4.7%$135,500
    2011$4,309 +16.1%$135,500
    2010$3,711 +10%$135,500
    2008$3,374 $135,500
    2007$3,374 $135,500
    2006-- $135,500
    2005-- $135,500
    2004$2,927 $135,500
    2003-- $135,500 +1984.6%
    2001-- $6,500

    Find assessor info on the county website

    Neighborhood: Forest Hill

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    Estimated market value
    $679,100
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    Estimated market value
    $679,100

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