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$ 410,000
Est. payment /mo
Under Contract
376 Avon Ave Newark City, NJ 07108
3,760 SqFt
UPDATED:
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
Rooms
Basement Full, Unfinished
Interior
Heating Gas-Natural
Cooling Central Air
Flooring Carpeting, Laminate
Equipment Smoke Detector, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block, See Remarks
Utilities Available Gas-Natural
Roof Type Asphalt Shingle
Building
Story 3
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by EXP REALTY, LLC