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    418 Avon Ave Newark, NJ 07108

    Pending
    For Sale
    $969,000

    3-Three Story, Multi-Family - Newark City, NJ

    Lot size:
    0.08 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 6 at 8:06 am

    Property Features for 418 Avon Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Laundry, Living Room, Master Bedroom
    Bedrooms
    12
    Bathrooms
    6
    Parking
    6
    Appliances
    Dishwasher, Microwave, Oven - Gas, Range, Refrigerator, Washer
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    2025
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Flat
    Architectural style
    Other

    Keller Williams Mid-Town Direct Realty (973) 762-5400 [email protected]

    Listing agent TOVIA LICHTMAN (973) 762-5400

    Listing date Oct 31, 2025

    MLS# 3990146 Listing URL

    Copyright © 2025 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Newark City Three-Family Home

    Located in Newark City, this new three-family home at 418 Avon Avenue offers modern design and investment potential. Constructed in 2025, each unit features 4 bedrooms and 2 full bathrooms. The units have spacious layouts that include bright living areas, dining rooms, and functional kitchens. One of the units includes a larger kitchen and a finished bathroom with a jetted tub. The property includes separate utilities, central air, forced hot air heating, and a driveway with multiple parking spaces. All three units are vacant and move-in ready. The lot size is 0.08 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newark
    County
    Essex
    State
    New Jersey
    Longitude
    -74.20998
    Latitude
    40.72758

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    FAQs

    What type of property is this?
    Triplex - New three-family home in Newark with modern design and investment potential.
    Where is this triplex located?
    The property is located at 418 Avon Ave Newark, NJ.
    What is the asking price?
    The asking price for this property is $969,000.
    What are key features of this property?
    This property features: - Brand new three-family home built in 2025, offering modern design.; - Each unit features 4 bedrooms and 2 full bathrooms, providing spacious living.; - Excellent investment potential with all three units vacant and move-in ready.
    (973) 762-5400
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    Newark, NJ 07108
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    418 Avon Ave Newark, NJ 07108
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