New Construction
New
For Sale
$950,000
388 Summer Ave, Newark, NJ 07104
Multi-Family, Newark City, NJ
Property SizeContact for details
Lot Size0.07 Acres
Days on Market2
Property Features for 388 Summer Ave
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Bedrooms
8
Bathrooms
5
Full bathrooms
5
Rooms
Bedroom 6, Bathroom 1, Bedroom 7, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 4, Bathroom 2, Basement, Bedroom 2, Bedroom 8, Bedroom 1, Bedroom 3, Bathroom 5
Parking
3
Directions
Google Maps
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4886
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
2026
Number of units
2
Listing Agency:
KELLER WILLIAMS - NJ METRO GROUP · Keller Williams Realty
(973) 783-7400
Listed By:
BRENDAN DASILVA · License #1753996
(862) 213-0008
Added: Oct 1
Last Checked: Oct 2 at 1:06PM
MLS# 4056216
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.
Investment Insights
Based on property information with market context.
Under construction in Newark, this newly built duplex is planned as a two-family home. Its ground-level configuration includes two rooms and a full bathroom, offering additional interior space. The property is heated by forced air and has central air conditioning.
The 0.07-acre parcel includes three parking spaces. Public water and public sewer serve the property, and construction is listed for completion in 2026.
The 0.07-acre parcel includes three parking spaces. Public water and public sewer serve the property, and construction is listed for completion in 2026.
Key Highlights
- Two‑family home with a ground‑level area containing 2 rooms and a full bath
- Three parking spaces
- 0.07‑acre parcel
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,341
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - The two-family layout includes a ground-level area with two rooms and a full bath.
Where is this duplex located?
The property is located at 388 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Two‑family home with a ground‑level area containing 2 rooms and a full bath; Three parking spaces; 0.07‑acre parcel
