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Two-Unit Duplex
New
For Sale
$499,000

72 1/2 Summer Ave, Newark, NJ 07104

Multi-Family, 2-Two Story, Newark City, NJ

Property SizeContact for details
Lot Size0.03 Acres
Days on Market6

Property Features for 72 1/2 Summer Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Basement, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 2
Directions From Route 21, take the exit toward Summer Ave and continue to the property. GPS works fine
Standard status Active
Lot size 0.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 11677

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Amenities

backyard

Building Details

Year built 1935
Floors in Building 2
Number of units 2
Roof type Shingle
Architectural style Other
Listing Agency: EXP REALTY, LLC
Listed By: PETER BOUTROS · License #300361
Added: Oct 27 Last Checked: Nov 1 at 11:06PM
MLS# 4061372

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.

Rey
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Investment Insights

Based on property information with market context.

This Newark duplex contains two residential units on a 0.03-acre lot. Reported interior work includes an updated kitchen, a renovated bathroom, and a new boiler. The property also has backyard space, steam and other heating, a shingle roof, public water, and public sewer. It was built in 1935.

NJ Transit is within walking distance. Travel to Manhattan takes approximately 30 minutes, depending on the route and schedule. The property is in Newark, New Jersey.

Key Highlights

  • Two residential units
  • 0.03‑acre lot
  • Kitchen and bathroom have been updated or renovated; boiler replaced

Property Analytics

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,962
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?
Duplex - Interior work includes a refreshed kitchen, a renovated bathroom, and a replacement boiler, with backyard space outside.
Where is this duplex located?
The property is located at 72 1/2 Summer Ave Newark, NJ.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two residential units; 0.03‑acre lot; Kitchen and bathroom have been updated or renovated; boiler replaced
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