Date
Details
Price
Change
Source
4/10/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/16
$650,000
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Property Description
Prime Mixed-Use Opportunity on Busy Park Avenue Corridor. Don't miss this exceptional opportunity to own a versatile mixed-use property suited for both investors and owner-operators looking to start or expand their business. Strategically located on a high-traffic corridor near the Park Avenue Light Rail Station and just moments from Branch Brook Park, this property offers outstanding visibility and accessibility. The first floor features a fully equipped BBQ restaurant, ready for immediate operation, along with a basement that provides additional storage and utility space. The second floor offers a well-maintained three-bedroom apartment in excellent condition, featuring hardwood floors and HVAC, making it ideal for owner-occupancy or rental income. Perfect for generating multiple income streams while building long-term value in a thriving location
Full Property Details
Full Property Details for 294 Park Ave
General
- Price: $650,000
- Taxes: $10,853 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4020187
- Updated: 4/13/2026
- Added to Site: 35 day(s) ago
Business
- Includes: Building & Land
Interior
- Flooring: Tile, Wood
Rooms
Bathrooms
- Total Bathrooms: 1
Additional Information
- Equipment: Appliances, Exhaust System, Kitchen Area, Restrooms - Public, Sign - Building, Smoke Detector, Sprinkler System, Storage Area(s)
Parking
- Parking: On-Street Parking
Location
- County: Essex
- Subdivision: North
- Driving Directions: Off Bloomfield Ave to Park Avenue
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: 2 Units, Central Air Conditioning
- Heating Type: 2 Units, Forced Hot Air
- Heating Fuel: Electric, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Electric, Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block, Vinyl Siding
- Basement: Yes
- Basement Desc.: Full, Walk-Out
- Roof: Flat
- Stories in Building: 2
- Square Feet: 2,139
- Aprox. Leasable: 2,139 Sq. Ft.
- Office: 2,139 Sq. Ft.
- Year Built: 2001
- Remodeled/Updated: 2001
Unit Information
- 3 Bedroom Units: 3
- Units w/Full Bath: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size: 20.3X105.3
- Zoning: 4A
- Lot Description: Level Lot
Financial Considerations
- Assessment Amount: $271,400
- Land Assmt: $44,000
- Tax Amount: $10,853
- Tax Year: 2025
- Pays Utilities: Tenant
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: No Documents Available
- APN: 1614-01929-0000-00081-0000-
- Block: 1929
- Lot Number: 81
Listed by Weichert Realtors - Home City
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Listing agent
— 294 Park Ave —
Weichert Realtors - Home City
201-293-6333
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 294 Park Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.1 mi |
First Avenue Elementary School 214 1st Avenue, Newark, NJ 07107 | 5-8 | 0.6 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 1.2 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.6 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 1 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.4 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.3 mi |
Speedway Academies 701 South Orange Avenue, Newark, NJ 07106 | PK-8 | 1.7 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 1.7 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 294 Park Ave
Tax History
Tax History for 294 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,321
2%
$271,400
—
2023
$10,118
—
$271,400
—
2022
$10,140
1%
$271,400
—
2021
$10,034
27%
$271,400
-13%
2021
$7,921
-31%
$311,500
—
2018
$11,504
4%
$311,500
—
2017
$11,089
3%
$311,500
—
2016
$10,716
4%
$311,500
—
2015
$10,308
-12%
$311,500
—
2019
$11,716
27%
$311,500
—
2013
$9,199
—
$311,500
—
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 294 Park Ave
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- Multi-Family
- Active
- Updated 3 days ago
- 5Total Beds
Listed by Royal Crown Realty
- Single Family
- Active
- Updated 4 days ago
- 4Beds
- 4Total Baths
Listed by Coccia Realty Better Homes & Gardens
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
Listed by The Bixler Group, LLC
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- Multi-Family
- Closed
- 6Total Beds
Listed by Weichert Realtors, Tenafly-Cresskill
Sold by A & E Curtinez Realty, LLC
Sold by A & E Curtinez Realty, LLC
294 Park Ave, Newark, NJ 07107 (MLS# 4020187) is a Retail property. 294 Park Ave is currently listed for $650,000 and was received on April 10, 2026. Want to learn more about 294 Park Ave? Do you have questions about finding other Retail real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.