Renovated Four-Unit Mixed-Use
New
For Lease
$950,000
347 Avon Ave, Newark, NJ 07108
Fully renovated property combines street-level commercial space with residential apartments.
Space SizeContact for details
Days on Market6
Property Features for 347 Avon Ave
General Information
Standard status
Active
Property subtype
Commercial
Listing Agency:
Burgos Realty Company
(201) 857-8777
Listed By:
Joseph Burgos () · License #9909181
Source:
Fortuneluxuryrealty
Added: Aug 26
Changed: Aug 29
Last Checked: Aug 30 at 5:28PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Burgos Realty Company
Investment Insights
Based on property information with market context.
This fully renovated mixed-use building contains four units arranged across commercial and residential uses. Two street-level commercial spaces are paired with two residential apartments, creating a combination of business and apartment occupancy within one property. The building is tenant ready, and one commercial unit has established tenancy.
Located at 347 Avon Ave in Newark, the property is positioned near major transportation, shopping, and local amenities. The residential apartments can support rental occupancy or owner occupancy, while the commercial component provides established tenancy within the overall configuration.
Located at 347 Avon Ave in Newark, the property is positioned near major transportation, shopping, and local amenities. The residential apartments can support rental occupancy or owner occupancy, while the commercial component provides established tenancy within the overall configuration.
Key Highlights
- Four‑unit mixed‑use building
- Two street‑level commercial spaces
- Two residential apartments
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,417
Businesses Nearby
57k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 62%
Groceries 25%
Dining 9%
Electronics 4%
Save-A-Lot
Groceries
14,097 visits/mo
0.3 miles
Capital One Bank
Shops & Services
11,738 visits/mo
0.5 miles
BP
Shops & Services
9,073 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,531 visits/mo
0.3 miles
Family Dollar
Shops & Services
7,314 visits/mo
0.3 miles
Demographics for 07108, NJ
28,715
Population
12,862
Households
2.2
Avg Household Size
32
Median Age
17%
College-Educated
85%
High-School Grad
1.4 sq mi
ZIP Area
20,511
Density / Sq Mi
$33,960
Median Household Income
$30,336
Median Earnings
$1,098
Median Rent
$326,900
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully renovated property combines street-level commercial space with residential apartments.
Where is this mixed-use property located?
The property is located at 347 Avon Ave Newark, NJ.
What is the lease rate?
The lease rate is $950,000.
What are key features of this property?
This property features: Four‑unit mixed‑use building; Two street‑level commercial spaces; Two residential apartments
