Address
697 Summer Ave Newark City, NJ
Price
$ 699,000
Property Attributes
  • ID#3759182
  • TypeCommercial
  • CountyESSEX
  • CityNewark City
  • AreaNewark City
  • Zip07104
  • StyleMixedUse
  • Year Built1930
  • Taxes$ 8683
  • Price$ 699,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms4
  • Sqr Footage3600
  • Lot Size2,614 SqFt
Listing Provided Courtesy Of:
RITE CHOICE REALTY LLC
Data Source:
Garden State MLS (GSMLS)
Property Description

Well Maintained & Excellent Opportunity to own 3 Story-Mixed Use investment property with Commercial store $1800. Basement/studio with EIK $700. 1st floor apt - 2 beds, 4 rooms with EIK for $1200. 2nd & 3rd floor apts - 3beds, 7 rooms with EIK for $1600. Long-term tenants and paid consistently during pandemic. Store lease runs until 2023. Tenants pay M2M. Easy commute to NYC, Rt 21, 78, and GSP. Income & Expenses document found in media.

Price History
1/14/2022 Listed $699,000

General Features

Basement Finished-Partially
Construction Metal Frame
Cooling 4+ Units, Window A/C(s)
Drive On-Street Parking
Flooring Laminate
Heating 4+ Units
Num Apts 3
Property Type Mixed Use, See Remarks, Store With Apartment
Property Type MixedUse
Roof Built-Up
Sewer Public Sewer
Tax Annual Amount 8683
Total Units 3
Town # 1614
Township Newark City
Utilities Gas-Natural
Zoning MIXED USE

Interior Features

Fuel Type Gas-Natural
Num 1 Bdrm Units 2
Num 2 Bdrm Units 3
Num 3 Bdrm Units 3
Num Units W/full Bath 3
Num Units W/half Bath 1

Exterior Features

Building Area Total 2530
Exterior Description Aluminum
Lot Dimensions 25.3X100
Max Ceiling Height 9
Max Door Height 80
Number Of Doors 4
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 07104

Price
AVG $460K
$700K
Taxes
AVG $55,234
$8,683
Visits
AVG 64
3
Year Built
AVG 1963
1930
Walkscore
AVG 82
78
Data Provided by Walkscore ® not using MLS data

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