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Four-Story Mixed-Use Building

145 Summer Ave, Newark, NJ 07104

For Sale
New
$575,000

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 Basement, Bedroom 1, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 2
Directions Google Maps
Standard status Active
Lot size 0.05 Acres

Additional Details

Mixed-Use Components retail, residential

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
Buildings 1
Listing Agency: KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
Listed By: BRENDAN DASILVA · License NJ #1753996
Added: Nov 11 Last Checked: Nov 13 at 11:06PM
MLS# 4064213

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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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

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

Key Highlights

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

Property Analytics

Who owns this building? See the owner, sales and loan history
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

Average Price Trend$/SF for Mixed-use properties in Newark, NJ

$377 Jul
$403 Aug
$217 Sep
$212 Oct

Properties on Market for Mixed-use properties in Newark

Jul
Aug
Sep
Oct

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 - The property combines retail space with two vacant units across four finished floors.
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; Built in 1926
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