376 Avon Ave new Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07108
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3960489
Style 3-Three Story
Bedrooms 5
Full Baths 2
Half Baths 2
Year Built 1950
Annual Tax Amount $11,325
Tax Year 2024
Lot Size 2,613 Sqft
Property Description
Introducing an incredible opportunity for the savvy investor ? Full gut renovation, mixed-use property offers both versatility and long-term potential. Boasting three separate units, the first is a commercial storefront ideal for a business, restaurant/office or retail space with high visibility. Unit two features a spacious 3-bedroom, 1-bath residential apartment, while unit three is a well-appointed 2-bedroom residence, perfect for rental income. Additionally, a detached garage offers untapped potential to be converted into a fourth income-producing unit. With updated systems, solid structure, and flexible zoning, this property is primed to become a cornerstone investment?ideal for those looking to build sustainable, generational wealth.
Location
State NJ
County Essex
Interior
Heating Gas-Natural
Cooling Central Air
Exterior
Exterior Feature Brick,ConcBrd
Parking Features Detached Garage
Garage Spaces 2.0
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle
Building
Lot Description Corner
Sewer Public Sewer
Water Public Water