111 Park Ave, Newark City, NJ

$889,900

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8

Beds

3

Baths

0.06

Acres

About 111 Park Ave

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.

Features of 111 Park Ave

MLS® # 4048285
Price $889,900
Bedrooms 8
Bathrooms 3.00
Full Baths 3
Acres 0.06
Year Built 1907
Type Multi-Family
Style 3-Three Story
Status Active

Community Information

Address 111 Park Ave
Subdivision North Newark
City Newark City
County Essex
State NJ
Zip Code 07104-1041

Amenities

Utilities All Underground
Parking None
Garages On-Street Parking
Has Pool No

Interior

Interior Features Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
Heating Gas-Natural
Fireplace No
Has Basement Yes
Basement Full, Unfinished, Walkout

Exterior

Exterior Brick
Exterior Features Metal Fence, Patio
Roof Asphalt Shingle, Rubberized

School Information

Elementary FRANKLIN
Middle FRANKLIN
High BARRINGER

Additional Information

Date Listed August 21st, 2026
Zoning Residential

Listing Map

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