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Four-Level Mixed-Use Property
New
For Sale
$575,000

145 Summer Ave, Newark, NJ 07104

Multi-Family, Newark City, NJ

Property SizeContact for details
Lot Size0.05 Acres
Days on Market5

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 1, Basement, Bedroom 2, Bathroom 1, Bathroom 3, Bathroom 2
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
Added: Oct 20 Last Checked: Oct 24 at 7:06AM
MLS# 4059995

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.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property in Newark has four finished floors and includes retail space alongside two vacant units. The building was constructed in 1926 and occupies a 0.05-acre lot.

Forced-air heating and central air conditioning serve the property. Public water and sewer are available.

Key Highlights

  • Four finished floors with retail space and two vacant units
  • 0.05‑acre lot in Newark, NJ
  • Built in 1926

Property Analytics

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Open Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Retail space and two vacant units provide a varied configuration within the finished building.
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 $575,000.
What are key features of this property?
This property features: Four finished floors with retail space and two vacant units; 0.05‑acre lot in Newark, NJ; Built in 1926
More about this property
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