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$850,000
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Property Description
Welcome to 125 Park Ave, a fully gut renovated three-family home in Newark offering modern finishes throughout and strong income potential for an investor or owner-occupant. Each of the three units features 3 bedrooms with all-new plumbing, electric, kitchens, and bathrooms, along with distinct living, dining, and kitchen areas designed for everyday comfort, and large windows bring in natural light across every unit. The property also includes a full, finished basement with its own full bathroom and a dedicated laundry area, adding valuable extra space and flexibility, while outside, a paved patio offers residents a private spot to unwind. Steps from Branch Brook Park and the NJ Light Rail, 125 Park Ave combines a renovated, move-in ready home with a location built for convenience, making it a strong opportunity for an investor seeking three rent-ready units, or a buyer who wants to live in one unit while the other two help cover the mortgage.
Full Property Details
Full Property Details for 125 Park Ave
General
- Price: $850,000
- Taxes: $5,482 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4051779
- Updated: 9/13/2026
- Added to Site: 10 day(s) ago
Interior
- Number of Rooms: 13
- Interior Features: Wood Floors
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 9
Exterior
- Exterior Features: Metal Fence, Patio
Location
- County: Essex
- Driving Directions: Rt 70 to Manchester Blvd to Buckingham Dr to Bennington Ln, home on left.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: 1 Unit, Forced Hot Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 3-Three Story
- Exterior Const.: Aluminum Siding, Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition Shingle
- Year Built: 1907
Unit Information
Unit 1
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
- Levels/Stories: 1
- Total Bathrooms: 1
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Eat-In Kitchen, Kitchen, Living Room, Porch
- 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: 3
Lot Features
- Lot Size (Acres): 0.06
- Lot Dimensions: 25.2 x 100
- Driveway/Sidewalk: None, On-Street Parking
Financial Considerations
- Expenses: Cold Water, Maintenance, Taxes
- Operating Expenses: $8,000
- Assessment Amount: $118,000
- Land Assmt: $19,100
- Tax Amount: $5,482
- Tax Year: 2025
Disclosures and Reports
- Block: 507
- Lot Number: 36
Listed by Exp Realty, Llc
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Schools
Schools serving 125 Park Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Branch Brook School 228 Ridge Street, Newark, NJ 07104 | PK-4 | 0.3 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.4 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.5 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.1 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.5 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.6 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.5 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.7 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 125 Park Ave
Date
Details
Price
Change
Source
9/10/2026
Listed
$850,000
57.41%
MLS
9/16/2025
Sold
$540,000
—
Public Record
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
Tax History for 125 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,483
7%
$137,100
—
2023
$5,111
—
$137,100
—
2022
$5,122
—
$137,100
—
2021
$5,119
33%
$137,100
—
2021
$3,859
-25%
$137,100
—
2019
$5,156
2%
$137,100
—
2018
$5,063
4%
$137,100
—
2017
$4,881
3%
$137,100
—
2016
$4,716
4%
$137,100
—
2015
$4,537
7%
$137,100
—
2014
$4,251
—
$137,100
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 125 Park Ave
125 Park Ave, Newark, NJ 07104 (MLS# 4051779) is a Multi-Family property with 3 units containing 9 bedrooms and 4 full bathrooms. 125 Park Ave is currently listed for $850,000 and was received on September 10, 2026. Want to learn more about 125 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.

