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Financial
Distress signals
Property profile

470 Avon Ave 472 Newark, NJ 07108

OFF-MARKET
Commercial real estate
Property ID
US59-0986834
0.17 ac lot
Last sale Mar 2025 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 470 Avon Ave in Newark, NJ, presents a compelling investment opportunity. The 13,588 square foot lot (.30 acres) boasts a prime corner location at South 18th Street, offering excellent visibility and accessibility. The existing structure is a vacant warehouse, currently in need of renovation. The building features approximately 6,000 square feet of ground floor space and an additional 1,000 square feet of second-floor office space. Ceiling…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value · 2024$117k
Assessed land$102k
Assessed improvement$15k
Effective rate3.73%

Value estimate

· Oct 2026
$690k
$621k – $759k
AI approach$820k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$694/SF
Submarket average, outlier-cleaned · 115 recorded sales of this use type
Observed band · Q1–Q3$198 – $1,287

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm28.5
Realty agency26.8
Parking Facility17.0

Location

470 Avon Ave, Unit 472 Newark, NJ 07108-1153
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
387-389 Avon, Newark, NJ 07108-1373 $950,000 Sep 2025 No data
492 Clinton, Newark, NJ 07108 $280,000 Jul 2025 No data
196 Clinton, Newark, NJ 07108-2809 $560,000 Jun 2025 No data
241 Clinton, Newark, NJ 07108-2806 $650,000 Jun 2025 No data
108 Peshine, Newark, NJ 07108 $12,000,000 May 2025 No data
357 Avon, Newark, NJ 07108-1309 $585,000 Mar 2025 875 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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