712-714 Summer Ave - Apartments FOR SALE


Newark, NJ 07104- Forest Hill
$166,800 USD
800-862-4348
712-714 Summer Ave, Newark, NJ for Sale
$166,800 USD
Apartments - FOR SALE
1/2
null | Request Cap Rate

712-714 Summer Ave
Newark, NJ 07104
Forest Hill


HIGHLIGHTS

  • Receivership Auction.
  • Low Reserves.
  • Stabilized with upside potential.

OVERVIEW

Court Ordered Receivership Auction Sale. July 14 @6PM ET. This property consists of 6 residential apartments. Low maintenance & income producing Value add opportunity. 2% Broker Coop Offered. Low Reserve @ $166,800! This property is being sold individually but is part of a 4-property auction in Newark/Orange. For details, see: https://auctionadvisors.com/property-details/essex_auction_438/

FOR SALE DETAILS

PRICE

$166,800 USD

PRICE/SF

$23 USD /SF

# OF UNITS

6

PRICE/UNIT

$27,800

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,556 SF

ZONING

-

APN/PARCEL ID

14-00763-0000-00013

ASK ABOUT THIS PROPERTY

Oren KleinAuctionAdvisorsMore Info
800-862-4348

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Oren KleinAuctionAdvisorsMore Info
800-862-4348

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.