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Image 1 - 372-374 Summer Ave, Newark, New Jersey, 07104 - House for sale
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- Summer Ave, Newark, Home For Sale
372-374 Summer Ave, Newark, New Jersey, 07104

- Summer Ave, Newark, Home For Sale

house for sale
Listed: 08/19/24

372-374 Summer Ave, Newark, New Jersey, 07104

6 Bed:
4 Bath:
Save
Price
$ 585,000

About This House

Buy one house and get two lots in the process! An incredible opportunity to purchase a fabulous 2-Family w/ a bonus 3rd floor unit on a Double Lot. Welcome 372 Summer Ave, a rare find in the sought-after Forest Hills section of Newark! Each unit boasts spacious living areas, high ceilings, hardwood floors, and loads of natural light. Both units feature 2 bedrms, 1 bath. The third-floor unit is a delightful bonus featuring 2 bedrooms, 1 bathroom, a cozy living area, and a kitchen-area. Fully finished basement offers an in-law suite with bonus rm, kitchenette, and full bath. The expansive double lot offers endless possibilities. The empty back lot is flanked on each side by newly constructed multifamily homes that …  Full description

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Newark Housing & Living

Average sale prices for houses

3 bed
4+ bed
Show as List Show as Graph
In August 2024, the asking price for 3 bed houses for sale in/near Newark, United States averaged $378,660, a decrease of 8.1% from the previous month.
Median price trends for properties for sale in Newark, United States as of August 2024.

Household Income

Median household income: $37,642
Number of households: 101,689
The average household income in Newark, NJ grew from $35,167 to $37,642 in the past year. This data is an estimate based upon 101,689 households in Newark, NJ.
The chart below presents how household income is distributed in Newark, NJ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Newark, NJ compared to median property taxes around the country. The prevalent amount of property taxes in Newark, NJ equals $3k+ , which is more than the national average.