485 AVON AVE Newark, NJ 07103

$345,000
485 AVON AVE, Newark, NJ 07103
3478827

Multi-Family Home for sale in Newark, NJ

for $345,000 with 9 bedrooms and 3 full baths. This 3,552 square foot home was built in 1920 on a lot size of 25X100.4.

Property Information

  • $345,000
  • 9 Bedrooms
  • 3 Full Baths
  • Multi-Family
  • 3,552 Square Feet
  • Taxes are $7,230
  • 3 Story
  • Active
  • Lot size of 25X100.4
  • Built in 1920
  • Newark, NJ
  • West Side Neighborhood
  • Essex County
  • MLS/Web ID is 3478827
  • Just Listed

Description

Amazing investment opportunity on upcoming Newark market. Welcome to this 9 bedrooms and 3 full bathrooms multifamily within 10-15 minutes to NJIT, Rutgers and PATH. Each unit has an ample living space with approximately 900-980sqft per unit. Apartments have been partially renovated within the last 10 years with so much opportunity of growth. Each tenant pays their own utilities. Do not miss out on buying in this market, and expanding your portfolio

Interior 6

Appliances

  • Carbon Monoxide Detector
  • Smoke Detector

Basement

  • Basement
  • Full Basement
  • Walk-Out

Cooling System

  • Window Unit(s)

Flooring

  • Wood Floors

Heating Source

  • Natural Gas

Heating System

  • 3 Units
  • Hot Water Heater: Gas

Exterior 1

Siding

  • Aluminum
  • Vinyl

† Excluded Feature

Listed By

Broker: KW CITY LIFE JC REALTY

485 AVON AVE , Newark, NJ, 07103 is a Multi-Family Home for sale at $345,000 with 3,552 sqft and a lot size of 25X100.4. 485 AVON AVE has 9 bedrooms, 3.0 baths, and was built in 1920. The property's zip code is 07103 which is in Newark, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Newark $436,277 26 % above $335,000 3 % below
Multi-family listings in Newark $367,046 6 % above $339,999 1 % below
Sold listings in Newark $75,000 78 % below $0 100 % below

Get the facts about Newark, NJ!

Population 279,327
Population Growth (since 2000) 2 %
Median Income $36,022
Median Age 34.06
Households w/ Children 35 %

Residential Dwellings

  • Owned 21881
  • Vacant 13569
  • Rented 73259

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Get an Immediate Callback from 9:00 AM - 10:30 PM EST
or Call us at 1-800-839-1363