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$889,900 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • 8 Total Beds
  • Updated 14 hours ago
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Discover the possibilities at 111 Park Avenue, Newark, NJ, a multifamily property offering an attractive opportunity for both the investor and owner-occupant. Whether you're looking to expand a real estate portfolio or live in one unit while generating rental income from the others, this property provides the flexibility today's buyers value.For the investor, Newark's established rental market and proximity to employment, education, transportation, shopping and neighborhood services create the foundation for continued tenant demand. Multiple units provide an opportunity to generate income from more than one household while building long-term equity in one of New Jersey's major urban markets.For the owner-occupant, the opportunity is equally compelling: occupy one unit and use rental income from the additional unit or units to help offset monthly housing expenses, subject to lender qualification. It's a practical path toward homeownership while simultaneously owning an income-producing asset.The Park Avenue location provides convenient access to Downtown Newark, public transportation, major highways, schools, universities, restaurants and parks, with New York City within commuting reach.Live in it. Rent it. Build equity with it. Explore the income and ownership possibilities waiting at 111 Park Avenue.

Full Property Details for 111 Park Ave

General

  • Price: $889,900
  • Taxes: $5,046 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 4048285
  • Updated: 8/21/2026
  • Added to Site: 1 day(s) ago

Interior

  • Number of Rooms: 14
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3

Bedrooms

  • Total Bedrooms: 8

Exterior

  • Exterior Features: Metal Fence, Patio
  • Color: Red Brick

Parking

  • Garage Description: On-Street Parking

Location

  • County: Essex
  • Subdivision: North Newark
  • Driving Directions: Ridge to Park

School Information

  • Elementary School: FRANKLIN
  • Middle School: FRANKLIN
  • High School: BARRINGER

Heating & Cooling

  • Cooling Type: No Cooling
  • Heating Type: 3 Units
  • Heating Fuel: Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: All Underground

Structural Information

  • Architectural Style: 3-Three Story
  • Exterior Const.: Brick
  • Basement: Yes
  • Basement Desc.: Full, Unfinished, Walk-Out
  • Roof: Asphalt Shingles, Rubberized
  • Year Built: 1907

Unit Information

Unit 1

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 3

  • Unit Description: Bedrooms, Eat-In Kitchen, Living Room
  • Levels/Stories: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: None
  • Zoning: Residential

Financial Considerations

  • Assessment Amount: $108,000
  • Land Assmt: $18,200
  • Tax Amount: $5,046
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures: Yes
  • Block: 508
  • Lot Number: 31

Listed by Era Queen City Realty

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Listing agent

— 111 Park Ave —

  • Era Queen City Realty

908-322-5454

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 111 Park Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/21/2026
Listed
$889,900
51.86%
MLS
1/29/2024
Sold
$586,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 111 Park Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,047
7%
$126,200
—
2022
$4,715
—
$126,200
—
2021
$4,712
33%
$126,200
—
2021
$3,553
-25%
$126,200
—
2019
$4,746
2%
$126,200
—
2018
$4,661
4%
$126,200
—
2017
$4,493
4%
$126,200
—
2016
$4,341
4%
$126,200
—
2015
$4,176
7%
$126,200
—
2014
$3,913
—
$126,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by Era Queen City Realty

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111 Park Ave, Newark, NJ 07104 (MLS# 4048285) is a Multi-Family property with 3 units containing 8 bedrooms and 3 full bathrooms. 111 Park Ave is currently listed for $889,900 and was received on August 21, 2026. Want to learn more about 111 Park Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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