376 Avon Ave
Newark City, NJ 07108
Price: $410,000
GSMLS: 3960489Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 5
Baths: 2 Full & 2 Half
Garage: 2-Car
Year Built: 1950
Acres: 0.06
Property Tax: $11,325
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.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
11
Basement:
Yes - Finished, Full
Interior:
Carbon Monoxide Detector, High Ceilings, Smoke Detector
Roof:
Asphalt Shingle
Exterior:
Brick,ConcBrd
Lot Size:
25X100
Lot Desc:
Corner
Parking
Garage Capacity:
2-Car
Description:
Detached Garage
Parking:
1 Car Width
Spaces Available:
2
Unit 1
Bedrooms:
n/a
Bathrooms:
2
Total Rooms:
5
Room Description:
Dining Room, Kitchen, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
3
Bathrooms:
1
Total Rooms:
7
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
3
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Carbon Monoxide Detector, Smoke Detector
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Forced Hot Air
Heating Fuel:
Gas-Natural
Cooling:
Central Air
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Electric, Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$410,000
Tax Amount:
$11,325
Land Assessment:
$42,500
Build. Assessment:
$255,300
Total Assessment:
$297,800
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3960489
List Date:
05-02-2025
Days On Market:
0
Listing Broker:
EXP REALTY, LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: BoulderRidgeNJ.com
