347 Avon Ave, Newark, NJ 07108 - Photo 1

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$950,000

For Sale
Active
Commercial

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Property Description

Turnkey mixed-use investment opportunity. This fully renovated building offers an excellent location with strong income potential. The property features four units, including two street-level commercial space. and two residential apartments, tenant ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy. Conveniently located near major transportation, shopping, and local amenities, this is an exceptional opportunity to own a high-performing asset in a growing area. Don't miss your chance to secure a solid investment schedule a viewing today.

Full Property Details

Full Property Details for 347 Avon Ave

General

Price: $950,000
Taxes: $7,558 (2025)
Status: Active
Type: Commercial
Source: Garden_State
MLS ID: 4027534
Updated: 5/18/2026
Added to Site: 15 day(s) ago

Business

Includes: Building Only

Rooms

Bathrooms

Total Bathrooms: 4
Restrooms: 4

Additional Information

Equipment: Appliances, See Remarks

Parking

Parking: On-Street Parking

Location

County: Essex
Driving Directions: 12th street to Avon
Location Details: Residential Area, See Remarks

Heating & Cooling

Cooling Type: See Remarks
Heating Type: 2 Units, See Remarks
Heating Fuel: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public Water
Utility Description: Gas In Street

Structural Information

Construction: Brick/Block
Exterior Const.: See Remarks
Roof: See Remarks
Ceiling Height: 10
Stories in Building: 2
Remodeled/Updated: 2026

Lot Features

Lot Size (Acres): 0.04
Lot Size: 36X53.7
Zoning: RES

Financial Considerations

Assessment Amount: $189,000
Land Assmt: $47,600
Tax Amount: $7,558
Tax Year: 2025

Disclosures and Reports

Ownership: Fee Simple
Documents Avail.: See Remarks
Disclosures: Yes
APN: 1614-02630-0000-00032-0000-
Block: 2630
Lot Number: 32

Listed by Burgos Realty Company

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— 347 Avon Ave —

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973-337-6475

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Schools

Schools serving 347 Avon Ave

School District:Newark City School District

Name	Grades	Distance
Cleveland Elementary School 388 Bergen St, Newark, NJ 07103	K-6	0.6 mi
Hawthorne Avenue Elementary School 428 Hawthorne Ave, Newark, NJ 07112	K-6	0.7 mi
Belmont-Runyon Elementary School 1 Belmont Runyon Way, Newark, NJ 07108	K-8	0.8 mi
Central High School, Newark, NJ 250 18th Avenue, Newark, NJ 07103	9-12	0.7 mi
Malcolm X Shabazz High School 80 Johnson Avenue, Newark, NJ 07108	9-12	0.9 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 347 Avon Ave Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/18/2026

Listed

$950,000

352.38%

MLS

3/17/2008

Sold

$210,000

—

Public Record

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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 347 Avon Ave

Year

Property Taxes

Change

Tax Assessment

Change

2024

$7,188

$189,000

—

2023

$7,046

—

$189,000

—

2022

$7,061

—

$189,000

—

2021

$7,057

27%

$189,000

-12%

2021

$5,558

-30%

$214,000

—

2018

$7,903

-2%

$214,000

—

2019

$8,049

$214,000

—

2017

$7,618

$214,000

—

2016

$7,362

$214,000

—

2015

$7,081

$214,000

—

2014

$6,636

—

$214,000

—

View All

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 347 Avon Ave

347 Avon Ave, Newark, NJ 07108 (MLS# 4027534) is a Commercial property. 347 Avon Ave is currently listed for $950,000 and was received on May 18, 2026. Want to learn more about 347 Avon Ave? Do you have questions about finding other Commercial 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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347 Avon Ave Newark, NJ 07108