357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
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357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
357 Avon Ave
For Sale

357 Avon Ave

357 Avon Ave, Newark City, NJ 07108

$650,000
Prime 4-Unit Mixed-Use Property in Newark, NJ. High-Income Potential! This versatile mixed-use property offers incredible income opportunities in a highly desirable location. On the first level, there are two commercial spaces: one previously used as a hair salon and the other currently rented for $1,400/month.The second level features two newly renovated 3-bedroom apartments, both boasting fresh paint and new flooring. One unit is currently rented under market value to excellent tenants for $1,700/month, while the other is vacant and move-in ready. Both residential and commercial units have separate meters, providing ease of management. The property also includes new water heaters and a full unfinished basement, offering extra storage or expansion potential. With great tenants in place and an unbeatable location, this property is a smart investment with plenty of upside.

2,613.6 Sq.Ft. lot

Alex Monaco

Alex Monaco

Features & Amenities

Area & Lot

  • Status For Sale
  • Lot Area2,613.6 Sq.Ft.
  • MLS® ID3924772
  • TypeCommercial
  • YEAR BUILT1900

Exterior

  • STORIES2
  • water SourcePublic
  • utilitiesNatural Gas Available
  • parkingOn Street
  • HEAT TYPENatural Gas
  • AIR CONDITIONINGWindow Unit(s)
  • sewerPublic Sewer
  • security FeaturesSmoke Detector(s)

Financial

  • Sales Price$650,000
  • Real Estate Tax $7,232/yr
  • Zoning Commercial

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