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Three-Unit Multifamily Property

600 Summer Ave, Newark, NJ 07104

For Sale
$650,000

Finished basement space, a backyard entrance, and a second-floor balcony expand the property’s living areas.

Property SizeContact for details
Days on Market64

Property Features for 600 Summer Ave

General Information

Standard status Active
Property subtype Multi Family Home

Site & Location

Neighborhood North Broadway
Public Transit Yes

Additional Details

Multifamily Units 3

Amenities

private balcony
washer and dryer
finished basement
separate entrance

Building Details

Year Built 1907
Units 3
Listing Agency: Realty One Group Sunrise
Listed By: Iris Alfaro
Source: Arcadiarealtors
Added: Sep 7 Changed: Nov 8 Last Checked: Nov 8 at 8:51AM

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 multifamily property has three residences: a first-floor layout with two bedrooms, a full bathroom, an eat-in kitchen, and living room; a second-floor residence with three bedrooms, a full bathroom, dining and living rooms, and a private balcony; and a third-floor residence with one bedroom, a kitchen, living room, and full bathroom. The finished basement includes one bedroom, a full bathroom, and a separate entrance from the backyard. Laundry features include a washer and dryer in the second-floor residence and additional hookups in the basement.

The property occupies a double lot at 600 Summer Ave in Newark. Shopping, schools, public transportation, and major roadways are identified as nearby. Built in 1907, the building combines three distinct residential layouts with finished lower-level space.

Key Highlights

  • Three residential units: two‑bedroom, three‑bedroom, and one‑bedroom layouts
  • Finished basement with one bedroom, one full bathroom, and separate backyard access
  • Double lot at 600 Summer Ave, Newark City, NJ 07104

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
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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 - Finished basement space, a backyard entrance, and a second-floor balcony expand the property’s living areas.
Where is this triplex located?
The property is located at 600 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Three residential units: two‑bedroom, three‑bedroom, and one‑bedroom layouts; Finished basement with one bedroom, one full bathroom, and separate backyard access; Double lot at 600 Summer Ave, Newark City, NJ 07104
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