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$ 410,000
Est. payment /mo
New
376 Avon Ave Newark City, NJ 07108
5 Beds
3 Baths
2,613 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family, Commercial
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
Rooms
Basement Finished, Full
Interior
Interior Features Carbon Monoxide Detector, High Ceilings, Smoke Detector
Heating Gas-Natural
Cooling Central Air
Heat Source Gas-Natural
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
Architectural Style 3-Three Story
Others
Senior Community No
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Listed by EXP REALTY, LLC