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Three-Unit Apartment Property

364 Summer Avenue, Newark, NJ 07104

For Sale
New
Contact for pricing

Each residence has two bedrooms, one full bathroom, a kitchen, and a living room.

Property SizeContact for details
Days on Market4

Property Features for 364 Summer Avenue

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Multi Family 2-4 Units

Site & Location

Neighborhood Mt Pleasant

Additional Details

Multifamily Units 3
Listing Agency: Rosa Agency-Ironbound, LLC
Listed By: Michael Rosa
Source: Capmarkrealty
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 3:02AM

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 Rosa Agency-Ironbound, LLC

Rey
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Investment Insights

Based on property information with market context.

This triplex contains three apartments, each arranged with two bedrooms, one full bathroom, a kitchen, and a living room. The repeated layout provides a consistent configuration across all three residences.

Located at 364 Summer Avenue in Newark, the property includes a driveway with space for up to five cars.

Key Highlights

  • Three apartments, each with 2 bedrooms and 1 full bathroom
  • Each unit includes a kitchen and living room
  • Driveway accommodates up to 5 cars

Property Analytics

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

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,341
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
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Market

Average Price Trend$/SF for Triplexes in Newark, NJ

$364 Jul
$260 Aug
$262 Sep
$237 Oct

Properties on Market for Triplexes 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?
Triplex - Each residence has two bedrooms, one full bathroom, a kitchen, and a living room.
Where is this triplex located?
The property is located at 364 Summer Avenue Newark, NJ.
What are key features of this property?
This property features: Three apartments, each with 2 bedrooms and 1 full bathroom; Each unit includes a kitchen and living room; Driveway accommodates up to 5 cars
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