376 Avon Ave Under Contract Save Request In-Person Tour Request Virtual Tour
Newark City,NJ 07108
Key Details
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Under Contract
Purchase Type For Sale
Square Footage 3,760 sqft
Price per Sqft $109
MLS Listing ID 3960669
Year Built 1950
Annual Tax Amount $11,325
Tax Year 2024
Lot Size 2,613 Sqft
Property Sub-Type Mixed Use
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
Zoning Mixed use
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Carpeting, Laminate
Equipment Smoke Detector, Storage Area(s)
Exterior
Exterior Feature Brick/Block, See Remarks
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public Sewer
Water Public Water