219 Summer Ave | Newark, NJ 07104
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- LoopNet Team
219 Summer Ave
Newark, NJ 07104
219 Summer Ave, Newark, NJ 07104 · Multifamily Property For Sale
·
9 Units
INVESTMENT HIGHLIGHTS
- Great investment opportunity in Newark's growing North Ward
- Positioned for cash flow from Day 1
- Strong tenant mix and consistent occupancy
PROPERTY FACTS
| No. Units | 9 | Building Size | 19,919 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2014 |
| Building Class | C | Parking Ratio | 1.78/1,000 SF |
| Lot Size | 0.17 AC |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 19,919 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2014 |
| Parking Ratio | 1.78/1,000 SF |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer
- Kitchen
- Stainless Steel Appliances
- Basement
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Smoke Free
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 1 | $583.00 | - |
| 2+1 | 2 | $1,584 | - |
| 3+1 | 6 | $2,007 | - |
PROPERTY TAXES
| Parcel Number | 14-00526-0000-00007 | Improvements Assessment | $948,887 |
| Land Assessment | $113,090 | Total Assessment | $1,061,977 |
PROPERTY TAXES
Parcel Number
14-00526-0000-00007
Land Assessment
$113,090
Improvements Assessment
$948,887
Total Assessment
$1,061,977
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