464-466 Summer Ave, Newark City, NJ 07104
464-466 Summer Ave, Newark City, NJ 07104
464-466 Summer Ave, Newark City, NJ 07104
464-466 Summer Ave, Newark City, NJ 07104
464-466 Summer Ave, Newark City, NJ 07104
464-466 Summer Ave, Newark City, NJ 07104
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

+1(201) 240-5200
$ 900,000
Est. payment | /mo

3,516 SqFt

Save
$ 900,000
Est. payment | /mo
Save

3,516 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,516 sqft

Price per Sqft $255

MLS Listing ID 4025818

Year Built 1910

Annual Tax Amount $9,285

Tax Year 2025

Lot Size 0.300 Acres

Property Description

Income-producing commercial boarding house located in the Northern section of Newark. This property features 15 rentable units, offering strong cash flow potential for investors. All tenancies are currently month-to-month, providing flexibility for repositioning or future rent adjustments. Rent roll and income/expense details available upon request. Property is being sold strictly AS-IS. Buyer is responsible for all municipal inspections, certifications, and any required repairs. Conveniently located near major transportation routes, public transit, shopping, and local amenities, with easy access to highways and nearby business districts. Excellent opportunity for investors seeking a value-add or income-generating asset in a high-demand rental market.

Location

State NJ

County Essex

Zoning Residential

Rooms

Basement Finished-Partially

Interior

Heating Gas-Natural

Cooling Window A/C(s)

Equipment Kitchen Area

Heat Source Gas-Natural

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 20.0

Utilities Available Gas-Natural

Roof Type See Remarks

Building

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Listed by KELLER WILLIAMS - NJ METRO GROUP
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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464-466 Summer Ave

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