Newark, NJ 07104,162 Summer Avenue
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Newark, NJ 07104,162 Summer Avenue
Newark, NJ 07104,162 Summer Avenue
Newark, NJ 07104,162 Summer Avenue
Newark, NJ 07104,162 Summer Avenue

$500,000

Est. payment /mo

$500,000

Est.Price: ?

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162 Summer Avenue Newark, NJ 07104

7 Beds

4 Baths

2,357 SqFt

SOLD DATE : 09/05/2023

Key Details

Sold Price $500,000

Property Type Multi-Family

Sub Type Two Family

Listing Status Sold

Purchase Type For Sale

Square Footage 2,357 sqft

Price per Sqft $212

Municipality Newark (NEW)

MLS Listing ID 22315698

Sold Date 09/05/23

Bedrooms 7

Full Baths 4

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1892

Annual Tax Amount $5,940

Tax Year 2022

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 25 x 100

Property Sub-Type Two Family

Property Description

INCOME PRODUCING DETACHED MULTI-FAMILY WITH LOW PROPERTY TAXES WITH LOTS OF POTENTIAL AND CONVENIENTLY LOCATED. Rent received was below market value. Major components replaced in the last 2 years include roof, furnace, hot water heater and removal of oil tank. Property is fenced, has a porch and 2,357 square feet per tax records. 1st floor apartment is tenant occupied, on a month-to-month lease and features 2 bedrooms, a living room, eat-in-kitchen, full bath and an area with slop sink. 2nd floor apartment, is vacant and features a living room, eat-in kitchen, 3 bedrooms and full bath. There is a 3rd full bath on the 2nd floor hall. There is a private access to the finished attic and another access from the 2nd floor apartment. SEE MORE SECTION Unit 3 aka as level 3 is the ATTIC. The 2nd floor hall bathroom was intended to be used by those in the attic. Unit 4 aka as level 0 is the basement. Agent is related to owner.

Location

State NJ

County Essex

Area None

Direction Dr. Martin Luther King Blvd to Bloomfield to Summer

Rooms

Basement Finished, Partial

Interior

Interior Features Attic - Walk Up

Heating See Remarks

Cooling Other

Flooring Wood, Laminate

Fireplaces Number 1

Exterior

Exterior Feature Fence, Lighting

Parking Features Off Street, None

Roof Type Shingle,Wood

Garage No

Private Pool No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Structure Type Fence,Lighting

New Construction No

Others

Senior Community No

Tax ID 14-00518-0000-00007

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Monmouth Ocean MLS (MOMLS)
Listed by Coldwell Banker Realty
Bought with NON MEMBER
agent

Tom Crooks

Broker Associate | License ID: 1754871

+1(646) 983-4776

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