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Side-by-Side Duplex Multifamily Property
For Sale
$689,000

366 Summer Ave, Newark, NJ 07104

Three-story side-by-side duplex with walk-out access and natural gas systems.

Property SizeContact for details
Days on Market242

Property Features for 366 Summer Ave

General Information

Standard status Active
Property subtype Residential Income

Site & Location

Neighborhood Mt Pleasant

Taxes and HOA fees

Annual Taxes $8,813

Amenities

Baseboard, Natural Gas
Full, Walk-Out Access
Gas Water Heater
Off Street, On Street
3-Three Story, Duplex-Side by Side

Building Details

Year Built 1881
Stories 3
Listing Agency: Keller Williams Realty - NJ Metro Group
Listed By: Kevin Collymore · License #305753
Source: Evrealestate
Added: Feb 25 Changed: Oct 1 Last Checked: Oct 24 at 6:23PM

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 Keller Williams Realty - NJ Metro Group

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Investment Insights

Based on property information with market context.

This multifamily property is configured as a side-by-side duplex within a three-story structure. Interior features include baseboard heating, natural gas service, a gas water heater, and full walk-out access. Parking is available both on and off the street.

Built in 1881, the property is located on Summer Ave in Newark City, Essex County, with access from Bloomfield Ave via Summer Ave.

Key Highlights

  • Side‑by‑side duplex configuration in a three‑story structure
  • Built in 1881
  • Full walk‑out access

Property Analytics

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

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
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?
Multifamily property - Three-story side-by-side duplex with walk-out access and natural gas systems.
Where is this multifamily property located?
The property is located at 366 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $689,000.
What are key features of this property?
This property features: Side‑by‑side duplex configuration in a three‑story structure; Built in 1881; Full walk‑out access
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