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Four-Level Mixed-Use Property
New
For Sale
$625,000

145 Summer Ave, Newark, NJ 07104

Multi-Family, Newark City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market3

Property Features for 145 Summer Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 2, Bathroom 2, Bathroom 3, Basement, Bathroom 1, Bedroom 1
Directions Google Maps
Standard status Active
Lot size 0.05 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 9481

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public

Building Details

Year built 1926
Number of units 3
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
Listed By: BRENDAN DASILVA · License #1753996
Added: Sep 30 Changed: Oct 1 Last Checked: Oct 2 at 5:06PM
MLS# 4056060

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.

Investment Insights

Based on property information with market context.

This mixed-use property has four finished floors and includes two vacant units. The building dates to 1926 and sits on a 0.05-acre lot. Heating is provided by forced air, with central air conditioning. Public water and public sewer serve the property.

Key Highlights

  • Four finished floors
  • Two vacant units
  • 0.05‑acre lot

Property Analytics

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Current Use

Yetty Grace Hair ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Acupuncture Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,767
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail and residential components occupy a building with two vacant units.
Where is this mixed-use property located?
The property is located at 145 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Four finished floors; Two vacant units; 0.05‑acre lot
More about this property
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