# 366 Summer Ave, Newark City, NJ 07104-5283

> **TL;DR:** 6bd/3ba residential multi family, $689,000, built 1881.
> Basement. Est. $2,986/mo. Listed 44 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $689,000 |
| Bedrooms | 6 |
| Bathrooms | 3 full |
| Year Built | 1881 |
| Lot Size | 4,356 sqft (0.10 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 44 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,986 |
| **Total** | **$2,986** |

## Key Amenities

- Basement

## Property Highlights

- Built in 1881
- 0.10 acre lot
- 2 parking spaces

## Description

### Agent Description
Fantastic Owner-Occupant or Investor Opportunity! Discover this well-maintained 3-family property offering strong rental potential and long-term value. Ideally located near transportation, shopping, schools, and houses of worship, this property delivers both convenience and growth opportunity. Each apartment features updated kitchens and modernized baths, with separate utilities tenants pay their own gas, heat, and electric keeping operating costs low. The recently redone basement and plumbing add peace of mind and functionality. large double back lot provides ample off-street parking or potential for a future build or subdivision (variance required), offering excellent upside for investors or developers. With low taxes, no oil tank on the property, and solid existing condition, this home is truly turnkey and ready to go.

## Location

- **Address:** 366 Summer Ave, Newark City, NJ 07104-5283
- **County:** Essex
- **Coordinates:** 40.7642, -74.16899
- **Google Maps:** https://www.google.com/maps?q=40.7642,-74.16899

## Listing Agent

- **Name:** KEVIN SEAN COLLYMORE
- **Brokerage:** KELLER WILLIAMS - NJ METRO GROUP
- **Phone:** 9737837400
- **Email:** thecollymoregroup@gmail.com

## Primary Photo

![366 Summer Ave - Primary Photo](http://lh.rdcpix.com/f93f3b75c29324d1cf580b356e2c85c0l-f3072491471r.jpg)

*22 total photos available on [listing page](https://www.propertysimple.com/listing/366-summer-ave-newark-city-nj-07104-5283-4011422)*

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**MLS#:** 4011422 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/366-summer-ave-newark-city-nj-07104-5283-4011422)

---

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