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Renovated Mixed-Use Building
For Sale
$950,000

347 Avon Ave #4, Newark, NJ 07108

Four-unit property combines street-level commercial space with residential apartments under RES zoning.

Property SizeContact for details
Days on Market161

Property Features for 347 Avon Ave #4

General Information

Standard status Active
Property subtype Commercial
Zoning RES

Site & Location

Neighborhood Upper Clinton Hill

Additional Details

Multifamily Units 2

Building Details

Buildings 1
Stories 2
Units 4
Tenancy Multi
Listing Agency: Burgos Realty Company
Listed By: Joseph Burgos · License #9909181
Source: Cammarotarealestate
Added: May 18 Changed: Oct 22 Last Checked: Oct 22 at 2:32PM

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

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Investment Insights

Based on property information with market context.

A fully renovated mixed-use building contains four units: two commercial spaces at street level and two residential apartments. The commercial component includes an established tenancy, while the apartments provide residential rental or owner-occupancy options.

The property is located at 347 Avon Ave in Newark, New Jersey, and is zoned RES.

Key Highlights

  • Four‑unit mixed‑use building
  • Two street‑level commercial spaces and two residential apartments
  • Fully renovated

Property Analytics

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Open Analytics

Current Use

123 Air Heating ... Hardware & Home Improvement Lewis' Deli & Catering Food Market

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Skin Care Clinic Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,417
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Four-unit property combines street-level commercial space with residential apartments under RES zoning.
Where is this mixed-use property located?
The property is located at 347 Avon Ave #4 Newark, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four‑unit mixed‑use building; Two street‑level commercial spaces and two residential apartments; Fully renovated
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