Newark, NJ 07104,817-819 Summer
Listed by Joel Reyes Howard Hanna Rand Realty, Linden
Bought with Joel Reyes Howard Hanna Rand Realty, Linden

$725,000

Est. payment /mo

$749,000

3.2%
Est.Price: ?

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817-819 Summer Newark, NJ 07104

SOLD DATE : 03/06/2024

Key Details

Sold Price $725,000

Property Type Commercial

Sub Type Res/Com Mixed

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 23034191

Sold Date 03/06/24

Style Res/Com Mixed

Property Description

Discover an exceptional investment opportunity in North Newark with this 4-unit residential property with one large commercial garage. Situated in a highly desirable neighborhood. This property features two recently renovated units, ensuring contemporary and attractive living spaces. Located just a stone's throw away from Branch Brook Park, NJPAC, and the Prudential Center, it also provides easy access to nearby schools, shops, and public transportation options, including the Light Rail to Penn Station. Every unit is equipped with separate electric meters, simplifying utility management for both owners and tenants. Additionally, one spacious commercial garage (Rented) and a finished basement that feature two kitchens and two bathrooms allowing various possibilities. This property boasts a strong rental income potential and the prospect of long-term appreciation. Don't let this outstanding investment slip through your fingers. Property being sold "AS IS,Where IS".

Location

State NJ

County Essex

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New Jersey MLS (NJMLS)
agent

Daniel Jang

Lead Agent | License ID: NJ #2441242

+1(201) 381-0251

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