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$889,900

For Sale

11 hours ago

111 Park Ave, Newark

House

MLS® 4048285

8 Bed

3 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size -
Garage 
Taxes $5,046
Days Active 1
Lot Size 0.06 Acres
Approx. Age 1907
MLS® Number 4048285

Property Address: 111 Park Ave, Newark, NJ, 07104-1041

Average square foot calculated using Size range provided by listing agent.

Description

Discover the possibilities at 111 Park Avenue, Newark, NJ, a multifamily property offering an attractive opportunity for both the investor and owner-occupant. Whether you're looking to expand a real estate portfolio or live in one unit while generating rental income from the others, this property provides the flexibility today's buyers value.For the investor, Newark's established rental market and proximity to employment, education, transportation, shopping and neighborhood services create the foundation for continued tenant demand. Multiple units provide an opportunity to generate income from more than one household while building long-term equity in one of New Jersey's major urban markets.For the owner-occupant, the opportunity is equally compelling: occupy one unit and use rental income from the additional unit or units to help offset monthly housing expenses, subject to lender qualification. It's a practical path toward homeownership while simultaneously owning an income-producing asset.The Park Avenue location provides convenient access to Downtown Newark, public transportation, major highways, schools, universities, restaurants and parks, with New York City within commuting reach.Live in it. Rent it. Build equity with it. Explore the income and ownership possibilities waiting at 111 Park Avenue.
MLS® Number4048285
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1907
BasementFull, Unfinished, Walkout
DrivewayNone
Garage Spaces
HeatHeat Source: Gas-Natural, Heating Type: 3 Units
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Aug 21, 2026List Date
$889,900List Price
-End Date
Not Sold YetSold Price

For Rent

Jul 3, 2026List Date
$2,900List Price
  • Commute

Commute

Starting Address
Destination Address
111 Park Ave, Newark,

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