111 Park Ave, Newark City, NJ 07104-1041
- $889,900
Overview
- Residential Income
- 8
- 3
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.
Address
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Address: 111 Park Ave, Newark City, NJ 07104-1041
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City: Newark City
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State/county: NJ
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Zip/Postal Code: 07104-1041
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Area: North Newark
Details
Updated on September 4, 2026 at 6:11 pm-
Property ID HZ4048285
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Price $889,900
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Land Area 0.06 Acres
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Bedrooms 8
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Rooms 14
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Bathrooms 3
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Year Built 1907
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Property Type Residential Income
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Property Status Active
Additional details
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Roof Asphalt Shingle, Rubberized
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Utilities All Underground
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Sewer Public Sewer
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Cooling None
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Heating 3 Units
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County Essex
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Property Type Residential Income
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Elementary School FRANKLIN
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Middle School FRANKLIN
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High School BARRINGER
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Architectural Style 3-Three Story
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