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Duplex with Finished Basement

182 Summer Ave, Newark, NJ 07104

For Sale
$675,000

Two separate units include laundry hookups, with office space in the second unit.

Property Size19,998 SF
Price / SF$33.75
Days on Market24

Property Features for 182 Summer Ave

General Information

Standard status Active
Size 19,998 SF
Property subtype Multi Family

Site & Location

Neighborhood Mt Pleasant
Public Transit Yes

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $5,122

Amenities

laundry hookups
finished basement

Building Details

Building Size 19,998 SF
Year Built 1867
Listing Agency: WEICHERT REALTORS
Listed By: YURI PULLUTASIG
Source: Citywestrealestate
Added: Oct 15 Changed: Nov 7 Last Checked: Oct 26 at 12:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of WEICHERT REALTORS

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 Newark duplex contains two residential units with six bedrooms, two kitchens and two full bathrooms. The second unit also includes office space. A finished basement adds usable interior area, and each unit has laundry hookups. Plumbing and electrical systems have been replaced.

The property is near Branch Brook Park, schools, restaurants, supermarkets, shopping and public transportation.

Key Highlights

  • Two‑unit property with six bedrooms, two kitchens and two full bathrooms
  • Finished basement
  • Office space in the second unit

Property Analytics

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,677
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 Duplexes in Newark, NJ

$329 Jul
$288 Aug
$231 Sep
$236 Oct

Properties on Market for Duplexes 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?
Duplex - Two separate units include laundry hookups, with office space in the second unit.
Where is this duplex located?
The property is located at 182 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two‑unit property with six bedrooms, two kitchens and two full bathrooms; Finished basement; Office space in the second unit
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