Excellent opportunity to own a 3-story mixed-use investment property with one commercial space and 2 apartments above. Great income potential. The storefront has ample open space approximately 1800 sqft. The 2 apartments offer a living room, eat-in kitchen, 2 bedrooms, and a bath. Unfinished basement. Separate utilities. Conveniently located close to shopping, schools, all major highways, and public transportation. The store is vacant, and the apartment's rent is $1600 and $1500.
Sold for $385,000 on 06/06/25
$385,000
96 Summer Ave, Newark, NJ 07104
--beds
--baths
--sqft
Mixed Use
Built in ----
-- sqft lot
$542,000 Zestimate®
$--/sqft
$2,238 Estimated rent
Home value
$542,000
$461,000 - $634,000
$2,238/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: January 12, 2025 at 01:53pm
Listed by:
Oscar Alban 973-462-5280,
Century 21 Semiao & Associates/Kearny
Bought with:
Ralph Douglas
Royal Signature Realty, LLC
Royal Signature Realty, LLC
Source: NJMLS,MLS#: 23022048
Facts & features
Price history
| Date | Event | Price |
|---|---|---|
| 6/6/2025 | Sold | $385,000-16.3% |
Source: Public Record | ||
| 10/25/2023 | Sold | $460,000-1.1% |
Source:  NJMLS #23022048 | ||
| 9/11/2023 | Pending sale | $465,000 |
Source: NJMLS #23022048 | ||
| 7/17/2023 | Listed for sale | $465,000+38.8% |
Source: NJMLS #23022048 | ||
| 2/19/2022 | Listing removed | $335,000 |
Source: NJMLS #21037887 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,005 | $157,900 |
| 2024 | $6,005 +0.1% | $157,900 |
| 2023 | $6,000 | $157,900 |
Find assessor info on the county website
Neighborhood: Seventh Avenue
Nearby schools
GreatSchools rating
- 4/10Franklin Elementary SchoolGrades: PK-8Distance: 0.1 mi
- 1/10Barringer High SchoolGrades: 9-12Distance: 0.3 mi
- 8/10Technology High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$542,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$542,000