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Property Description
Well-maintained and spacious two-family home built in 2002, offering flexible living arrangements and strong income potential in Newark's desirable Upper Clinton Hill neighborhood ideal for buyers looking to offset their mortgage with rental income. This thoughtfully designed property features a total of 6 bedrooms and 5 full bathrooms across multiple levels, making it well-suited for owner-occupancy, extended household living, or investment purposes. The first unit offers an expansive layout with 3 bedrooms and 3 full bathrooms, providing generous space for larger households. The second unit features 3 bedrooms and 2 full bathrooms with a comfortable and functional floor plan designed for everyday living. Both units include spacious interiors with hardwood, vinyl, and tile flooring throughout, along with updated kitchens, dishwashers, and well-maintained finishes. Additional highlights include central heating and air conditioning for both units, private balconies, a one-car garage, and additional off-street parking. The property has been consistently maintained and updated over time, offering a solid opportunity for both investors and owner-occupants. Conveniently located near schools, shopping, parks, public transportation, and major commuter routes including I-78, I-280, the Garden State Parkway, and the NJ Turnpike. Eligible buyers may also qualify for down payment and closing cost assistance programs, adding to the overall affordability.
Full Property Details
Full Property Details for 297 Avon Ave
General
- Price: $750,000
- Taxes: $5,618 (2025)
- Status: Active
- Type: Multi-Family
- Source: Garden_State
- MLS ID: 4026073
- Updated: 5/7/2026
- Added to Site: 2 day(s) ago
Interior
- Number of Rooms: 15
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 1
- Garage Description: Attached Garage
Location
- County: Essex
- Driving Directions: Shanley Ave and Treacy Ave
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Hot Air
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Architectural Style: 2-Two Story
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full
- Roof: Asphalt Shingles
- Year Built: 2002
Unit Information
Unit 1
- Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 1
- Total Bathrooms: 3
- Bedrooms: 3
Unit 2
- Unit Description: Bedrooms, Dining Room, Kitchen, Laundry Room, Living Room, Master Bedroom
- Square Feet: 9999
- Levels/Stories: 2
- Total Bathrooms: 2
- Bedrooms: 3
Lot Features
- Lot Size (Acres): 0.07
- Lot Dimensions: 28 x 115
- Driveway/Sidewalk: 2 Car Width, Off-Street Parking
Financial Considerations
- Operating Expenses: $9,999
- Assessment Amount: $113,700
- Land Assmt: $26,800
- Tax Amount: $5,618
- Tax Year: 2025
Disclosures and Reports
- Block: 2626
- Lot Number: 27
Listed by Compass New Jersey Llc
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Schools
Schools serving 297 Avon Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Avon Avenue School 219 Avon Avenue, Newark, NJ 07108 | 7-8 | 0.2 mi |
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103 | K-6 | 0.5 mi |
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108 | K-8 | 0.7 mi |
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103 | 9-12 | 0.6 mi |
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108 | 9-12 | 0.8 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.1 mi |
Camden Street Elementary School 281 Camden Street, Newark, NJ 07103 | PK-8 | 0.8 mi |
B.R.I.C.K. Peshine Academy 433 Peshine Avenue, Newark, NJ 07112 | K-8 | 1 mi |
Thirteenth Avenue Elementary School 359 13th Avenue, Newark, NJ 07103 | 5-8 | 1.1 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 297 Avon Ave
Date
Details
Price
Change
Source
5/07/2026
Listed
$750,000
425.21%
MLS
5/04/2015
Sold
$142,800
—
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 297 Avon Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,343
2%
$140,500
—
2022
$5,249
-40%
$140,500
—
2021
$8,719
—
$140,500
-40%
2021
$8,719
33%
$233,500
—
2021
$6,573
-25%
$233,500
—
2019
$8,782
2%
$233,500
—
2018
$8,623
4%
$233,500
—
2017
$8,313
3%
$233,500
—
2016
$8,032
4%
$233,500
—
2015
$7,727
12%
$233,500
—
2013
$6,895
—
$233,500
—
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 297 Avon Ave
297 Avon Ave, Newark, NJ 07108 (MLS# 4026073) is a Multi-Family property with 2 units containing 6 bedrooms and 5 full bathrooms. 297 Avon Ave is currently listed for $750,000 and was received on May 07, 2026. Want to learn more about 297 Avon 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.

