347 Avon Ave

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Description

Turnkey mixed-use investment opportunity. This fully renovated building offers an excellent location with strong income potential. The property features four units, including two street-level commercial space. and two residential apartments, tenant ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy....Turnkey mixed-use investment opportunity. This fully renovated building offers an excellent location with strong income potential. The property features four units, including two street-level commercial space. and two residential apartments, tenant ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy. Conveniently located near major transportation, shopping, and local amenities, this is an exceptional opportunity to own a high-performing asset in a growing area. Don't miss your chance to secure a solid investment schedule a viewing today.
  1. Listed by Joseph Burgos • Burgos Realty Company
    P: (973)-337-6475 jburgos@burgosrealty.com
  2. Listed by Desiree Burgos • Burgos Realty Company
    P: (973)-348-9159 dburgos@burgosrealty.com
LISTING UPDATED: 05/26/2026 10:57 AM

Property Details for 347 Avon Avenue

StatusActive - Active
MLS #26016508
Days on Market52
Taxes$718,767 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMixed Use
MLS Type5+ Mixed Use
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Burgos Realty Company, Joseph Burgos; Burgos Realty Company, Desiree Burgos
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Payment Calculator

$64,631 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,734

Property Taxes

$59,897

HOA Dues

$0

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Property Information for 347 Avon Avenue

Summary
Location and General Information
  • Area name: Newark
  • Street Name: Avon
  • County Name: ESSEX
  • Status: Active
  • Street Number Numeric: 347
  • Zip Code: 07108
Taxes and HOA Information
  • Other Charges: True
  • Tax: $718,767
Property
Lot Information
  • Year Built: 2020's, Renovated, Build Prior to 1978
  • Propertype ro: Munincipal Water, Sewer
Property and Assessments
  • Photo Number: 4
  • CourtAppYN: No
Interior and Exterior Features
Interior Features
  • Full Baths Total: 0
  • Num of Baths: 0.0
Exterior Features
  • Roof: Flat
Agent
Sale and Listing Information
  • Management Phone: 973-337-6475
  • Search Class: MIX, 5+ Mixed Use
  • List Price: $950,000.00
  • Listing Date: 05-13-2026
  • Status Date: 05-12-2026
Showing Information
  • Internet Remarks: Turnkey mixed-use investment opportunity. This fully renovated building offers an excellent location with strong income potential. The property features four units, including two street-level commercial space. and two residential apartments, tenant ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy. Conveniently located near major transportation, shopping, and local amenities, this is an exceptional opportunity to own a high-performing asset in a growing area. Don't miss your chance to secure a solid investment schedule a viewing today.
Rental
Rental Information
  • Owner pays: Water

Property History for 347 Avon Avenue

DateEvent & SourcePriceAppreciation
May 12, 2026

Listed (Active)

NJMLS #26016508

$950,000
Mar 17, 2008

Sold (Public Record)

Public Record #247462421

$210,000
DateEvent & SourcePrice
05/12/2026

Listed (Active)

NJMLS #26016508

$950,000
03/17/2008

Sold (Public Record)

Public Record #247462421

$210,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 347 Avon Avenue

Taxable ValueLand$47,600Additions$141,400Total$189,000
Tax Record2024$7,188 ($599 / month)
Home Facts
Total Finished SqFt875 SqFtAbove Grade Finished SqFt875 SqFtStories2Lot Size1,934 SqFtStyleMiscellaneous CommercialCountyESSEXAPN14 02630-0000-00032

Schools near 347 Avon Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Hawthorne Avenue Elementary School
PublicPK to 8

Belmont-Runyon Elementary School
PublicPK to 8

Louise A. Spencer Elementary School
PublicPK to 8

South Seventeenth Street Elementary School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Similar Homes

347 Avon Avenue is a mixed use property for sale in Newark, NJ 07108. This property was listed for sale on May 13, 2026 by Burgos Realty Company, it's currently listed at $950,000. It has been on the market for a total of 52 days and was last sold on March 17, 2008. This listing's school district is The Newark Public School District. Nearby schools include Hawthorne Avenue Elementary School, Belmont-Runyon Elementary School and Louise A. Spencer Elementary School. 347 Avon Avenue is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Burgos Realty Company, Joseph Burgos; Burgos Realty Company, Desiree Burgos

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 07/04/2026 05:20 AM. Source: New Jersey Multiple Listing Service, Inc. © 2026 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 07/04/2026 05:20 AM © 2026 New Jersey Multiple Listing Service Inc. All rights reserved.