3-Unit Multifamily
New
For Sale
$499,999
337 Summer Ave, Newark, NJ 07104
Multi-Family, 3-Three Story, Newark City, NJ
Property Size3,036 SF
Lot Size0.05 Acres
Price / SF$164.69
Days on Market5
Property Features for 337 Summer Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
6
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Basement, Bedroom 2, Bedroom 1, Bedroom 6, Bathroom 3
Parking
3
Interior features
Smoke Detector
Exterior features
Curbs
Directions
Use GPS to 337 Summer Avenue, Newark, NJ 07104
Standard status
Active
Size
3,036 SF
Lot size
0.05 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7106
Utilities
Water source
Public
Building Details
Year built
1865
Floors in Building
3
Number of units
3
Roof type
Shingle
Architectural style
Other
Listing Agency:
RE/MAX SELECT · RE/MAX International
(908) 233-9292
Listed By:
MARIELY MONTES
(973) 539-6300
Added: Oct 19
Changed: Oct 23
Last Checked: Oct 23 at 1:06PM
MLS# 4059917
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.
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Investment Insights
Based on property information with market context.
This 3-unit multifamily property contains 3,036 square feet on a 0.05-acre parcel. Each unit is configured with 2 bedrooms and 1 bathroom. A finished basement and 3 rear parking spaces are also part of the property. Built in 1865, the building has a shingle roof and public water service. The property is offered as-is.
Key Highlights
- Three residential units, each with 2 bedrooms and 1 bathroom
- 3,036 square feet on a 0.05‑acre lot
- Finished basement
Property Analytics
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Lease Details
3
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,528
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Each residence has two bedrooms and one bathroom, with a finished basement and rear parking.
Where is this triplex located?
The property is located at 337 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: Three residential units, each with 2 bedrooms and 1 bathroom; 3,036 square feet on a 0.05‑acre lot; Finished basement
