Date
Details
Price
Change
Source
6/28/2026
Listed
$850,000
—
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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$850,000
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Property Description
Prime North Newark mixed-use opportunity! Established dry cleaning business with over 20 years of success, plus a spacious 3-bedroom apartment upstairs. Features a finished basement, 7 parking spaces, and endless potential to own your business while living upstairs or generating rental income. Sold AS IS. Financials available to qualified buyers. Bring your offer!
Full Property Details
Full Property Details for 70 Park Ave
General
- Price: $850,000
- Taxes: $7,814 (2025)
- Status: Active
- Type: Commercial
- Source: Garden_State
- MLS ID: 4037473
- Updated: 6/28/2026
- Added to Site: 10 day(s) ago
Business
- Includes: Building & Business, Equipment
Rooms
Bathrooms
- Total Bathrooms: 1
- Restrooms: 4
Additional Information
- Equipment: Office Equipment
Parking
- Garage Spaces: 7
- Total Spaces: 7
- Parking: 1 Car Width
Location
- County: Essex
- Driving Directions: Continue on Dr Martin Luther King Jr Blvd. Drive to Park Ave
- Location Details: Residential Area
Heating & Cooling
- Cooling Type: Window A/C(s)
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: Natural Gas
Structural Information
- Construction: Brick/Block
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Finished, Full, Walk-Out
- Roof: Asphalt Shingles
- Stories in Building: 2
- Square Feet: 2,300
- Aprox. Leasable: 2,300 Sq. Ft.
- Office: 1,300 Sq. Ft.
- Year Built: 1900
Unit Information
- 3 Bedroom Units: 1
- Units w/Full Bath: 1
Lot Features
- Lot Size (Acres): 0.06
- Lot Size: 25X112
- Zoning: R4
Financial Considerations
- Price Per Sq. Ft.: $99
- Assessment Amount: $195,400
- Land Assmt: $57,200
- Tax Amount: $7,814
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses
- Disclosures: Yes
- APN: 1614-00490-0000-00002-0000-
- Block: 490
- Lot Number: 2
Listed by Re/Max Central
We Value Your Privacy
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We Value Your Privacy
Listing agent
— 70 Park Ave —
Re/Max Central
732-972-1000
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 70 Park Ave
School District:Newark City School District
| Name | Grades | Distance |
|---|---|---|
Franklin Elementary School, Newark, NJ 42 Park Avenue, Newark, NJ 07104 | PK-4 | 0.1 mi |
McKinley Elementary School, Newark, NJ 1 Colonnade Place, Newark, NJ 07104 | K-4 | 0.4 mi |
Dr. E. Alma Flagg Elementary School 150 Third St, Newark, NJ 07104 | K-4 | 0.6 mi |
Barringer High School 90 Parker Street, Newark, NJ 07104 | 9-12 | 0.2 mi |
Technology High School 223 Broadway, Newark, NJ 07102 | 9-12 | 0.4 mi |
West Side High School 403 South Orange Avenue, Newark, NJ 07103 | 9-12 | 1.7 mi |
Dr. William H. Horton Elementary School 291 North 7th Street, Newark, NJ 07107 | 5-8 | 0.6 mi |
Rafael Hernandez Elementary School 345 Broadway, Newark, NJ 07104 | PK-4 | 0.7 mi |
Sussex Avenue Elementary School 307 Sussex Avenue, Newark, NJ 07107 | K-4 | 0.8 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 70 Park Ave
Tax History
Tax History for 70 Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,814
7%
$195,400
—
2023
$7,285
—
$195,400
—
2022
$7,300
—
$195,400
—
2021
$7,296
-2%
$195,400
—
2020
$7,425
3%
$195,400
—
2018
$7,216
-2%
$195,400
—
2019
$7,349
6%
$195,400
—
2017
$6,956
3%
$195,400
—
2016
$6,722
4%
$195,400
—
2015
$6,466
-29%
$195,400
-34%
2014
$9,160
—
$295,400
—
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 70 Park Ave
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70 Park Ave, Newark, NJ 07104 (MLS# 4037473) is a Commercial property. 70 Park Ave is currently listed for $850,000 and was received on June 28, 2026. Want to learn more about 70 Park 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.