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Triplex With Finished Basement
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For Sale
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600-602 Summer Avenue, Newark, NJ 07104

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

Property SizeContact for details
Days on Market3

Property Features for 600-602 Summer Avenue

General Information

Standard status Active
Property subtype Multi Family 2-4 Units

Units

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

Additional Details

Public Transit Yes

Amenities

private balcony
laundry accommodations
Listing Agency: Realty One Group Sunrise
Listed By: Iris Alfaro
Source: Capmarkrealty
Added: Sep 9 Last Checked: Sep 11 at 5:33AM

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

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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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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
More about this property
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