New - 1 day on Rocket
$5,926 Closing Credit¹
Listing Office: PINNACLE REAL ESTATE
$5,807
closing credit¹
376 Avon Ave Newark City, NJ 07108
$489,000 List price
$5,807
Closing credit¹
6 beds
2 full, 2 partial
0.06 acres
Multi-Family
Property details
About 376 Avon Ave
This unique mixed use property features a commercial storefront on the first floor, previously used as a restaurant, offering excellent income potential and versatility for business use. The building includes two spacious residential units, second floor with 4 bedrooms, 1 baths and separate entrances for added privacy. Third floor has 2 beds and1 bath. Ideally suited for investors or owner-occupants, the property provides an opportunity to generate rental income from both the storefront and residential units. The first floor offers a commercial space that used to be a restaurant. Conveniently located near schools, shopping, dining, and public transportation, this property combines practicality with prime location appeal. With potential parking options and flexible zoning, this is an ideal investment in a thriving area. as-is, buyer responsible for municipality CO/smoke cert
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
CoolingCentral Air
BasementYes
Lot size0.06 Acres
Year built1950
Parking1 Car Width, See Remarks, Detached Garage
MLS #3941631
Garage2 spaces
Summary
- MLS Number: 3941631
- Office Name: LIFESTYLE INTERNATIONAL REALTY
- Office Phone: (973) 493-4161
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Last updated on: 1/30/2025, 8:20:47 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$489,000
376 Avon Ave
$5,807
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Thurgood Marshall Elementary School
Public District PK-5
0.6 mi
•141 Montgomery Ave # 181
2
Harriet Tubman Elementary School
Public District PK-6
0.6 mi
•504 S 10th St
3
Berkeley Terrace Elementary School
Public District PK-5
0.7 mi
•787 Grove St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,400. Typical income of Newark City, NJ residents is less than $<35k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
66%
<35k
22%
35k-100k
11%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
43%
Single, No Kids
34%
Single, with Kids
10%
Married, No Kids
13%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
49%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Foot Locker
Burlington
H&M
Where do the neighbors go to eat?
Little Caesars
White Castle
Boston Market
What do the neighbors drive?
Dodge
Kia
Honda
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 376 Avon Ave in Newark City, NJ and zip code 07108 in the South Ward neighborhood. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 18, 2025 and is currently priced at $489,000.
In December 2024, from all listings sold in Newark City, NJ there were more than 17 sold above asking price, over 8 sold below and more than 6 were sold right at the asked price. The inventory of homes for sale in Newark City, NJ between November and December 2024 increased by 10.8%. In December 2024 median list price was $440,000 and the average listing age was 31 days.
From Rocket Homes Real Estate and based on county public records data.