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Triplex With Finished Basement

600-602 Summer Avenue, Newark, NJ 07104

For Sale
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Three residential units plus finished basement space, private laundry accommodations, and a separate backyard entrance.

Property SizeContact for details
Days on Market62

Property Features for 600-602 Summer Avenue

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Site & Location

Neighborhood North Broadway
Public Transit Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 3BR/1BA, 1 x 1BR/1BA
Multifamily Units 3

Amenities

private balcony
laundry accommodations
Listing Agency: Realty One Group Sunrise
Listed By: Iris Alfaro
Source: Capmarkrealty
Added: Sep 9 Changed: Oct 26 Last Checked: Nov 8 at 3:14AM

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 Realty One Group Sunrise

Rey
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Investment Insights

Based on property information with market context.

This Newark triplex at 600-602 Summer Avenue includes three residential units with distinct layouts. The first floor has 2 bedrooms, 1 full bathroom, an eat-in kitchen, and living room. The second floor provides 3 bedrooms, 1 full bathroom, a dining room, living room, private balcony, and dedicated washer and dryer. The third-floor apartment contains 1 bedroom, a living room, kitchen, and full bathroom.

The finished basement adds 1 bedroom, 1 full bathroom, and a separate entrance from the backyard. Additional washer and dryer hookups serve the other units. The property occupies a double lot on Newark’s North Side, with shopping, schools, public transportation, and major roadways identified nearby.

Key Highlights

  • Three‑family property on a double lot at 600‑602 Summer Avenue
  • First‑floor unit includes 2 bedrooms, 1 full bathroom, and an eat‑in kitchen
  • Second‑floor unit offers 3 bedrooms, private balcony, and its own washer and dryer

Property Analytics

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Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,217
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 - Three residential units plus finished basement space, private laundry accommodations, and a separate backyard entrance.
Where is this triplex located?
The property is located at 600-602 Summer Avenue Newark, NJ.
What are key features of this property?
This property features: Three‑family property on a double lot at 600‑602 Summer Avenue; First‑floor unit includes 2 bedrooms, 1 full bathroom, and an eat‑in kitchen; Second‑floor unit offers 3 bedrooms, private balcony, and its own washer and dryer
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