199 Summer Ave, Newark, NJ 07104
- Added:
- Jun 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 9 at 9:06 am
Property Features for 199 Summer Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Living Room
- Basement Y/N
- 1
- Appliances
- Microwave, Oven - Gas, Range, Refrigerator
- Standard status
- Active
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 9573
Utilities
- Heating system
- Baseboard, Hot Water (Heating)
Building Details
- Year built
- 1920
- Number of units
- 2
- Building materials
- Aluminum Siding
- Roof type
- Flat
- Architectural style
- Other
Listing agent JEANETTE RODRIGUEZ (973) 450-4000
Listing office RE/MAX PROFESSIONALS I 264 WASHINGTON AVENUE, Belleville, NJ (973) 450-4000
Listing date Jun 8, 2026
Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Mixed‑use two‑unit property in North Newark with ground‑floor commercial space plus a second‑floor 4‑bedroom rental unit
- Commercial grocery store tenant in place with 12 years remaining on the lease and 3% annual rent increases (rent $3,550/month)
- Residential unit is rented on a month‑to‑month basis with current rent of $2,420.50/month, plus 4 bedrooms and 1 full bathroom
- Current rent total of $5,970.50/month: $3,550/month commercial and $2,420.50/month residential
- Low annual taxes listed at $9,573.61
- Built in 1920 with basement and flat roof; heating includes hot water baseboard; aluminum siding
Overview
Located in Newark City, NJ, the property sits on a busy street and offers convenient access to major highways, public transportation, shopping, and local amenities as described in the listing remarks. The commercial and residential configuration supports a straightforward live/work or tenant/landlord setup, depending on how an owner intends to operate the upper unit.
Current disclosed income is $3,550 per month for the commercial unit and $2,420.50 per month for the residential unit. The listing also notes annual taxes of $9,573.61. For investors and owner-operators, the combination of a long-term grocery tenant in place and a month-to-month residential lease can help simplify near-term operations while keeping flexibility for future use of the second floor.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newark
- County
- Essex
- State
- New Jersey
- Longitude
- -74.17204
- Latitude
- 40.75838
