Active

$650,000

294 Park Ave #0, Newark City, NJ 07107

--beds

0baths

2,139sqft

$4,412/mo

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Apartment

Built in 2001

-- sqft lot

$-- Zestimate^®

$304/sqft

$-- HOA

What's special

Fully equipped bbq restaurantHardwood floorsWell-maintained three-bedroom apartment

Prime Mixed-Use Opportunity on Busy Park Avenue Corridor. Don't miss this exceptional opportunity to own a versatile mixed-use property suited for both investors and owner-operators looking to start or expand their business. Strategically located on a high-traffic corridor near the Park Avenue Light Rail Station and just moments from Branch Brook Park, this property offers outstanding visibility and accessibility. The first floor features a fully equipped BBQ restaurant, ready for immediate operation, along with a basement that provides additional storage and utility space. The second floor offers a well-maintained three-bedroom apartment in excellent condition, featuring hardwood floors and HVAC, making it ideal for owner-occupancy or rental income. Perfect for generating multiple income streams while building long-term value in a thriving location

111 days

57

1

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

2 Units, Forced Air, Electric, Natural Gas

Cooling

2 Units, Central Air

Features

Flooring: Tile, Wood
Doors: Max Door Height: 0
Basement: Yes,Full,Walk-Out Access

Interior area

Total structure area: 2,139
Total interior livable area: 2,139 sqft

Property

Parking

Parking features: On-Street Parking
Has uncovered spaces: Yes

Features

Stories: 2

Lot

Size: 2,178 Square Feet
Dimensions: 20.3 x 105.3
Features: Level, Residential Area

Details

Parcel number: 1614019290000000810000
Zoning description: 4A
Other equipment: Appliances

Construction

Type & style

Home type: Apartment
Property subtype: Apartment
Attached to another structure: Yes

Materials

Brick/Block, Vinyl Siding
Roof: Flat

Condition

Year built: 2001
Major remodel year: 2001

Utilities & green energy

Gas: Gas-Natural
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected

Community & HOA

Community

Security: Smoke Detector(s), Fire Sprinkler System
Subdivision: North

Location

Region: Newark

Financial & listing details

Price per square foot: $304/sqft
Tax assessed value: $271,400
Annual tax amount: $10,853
Date on market: 4/13/2026
Inclusions: Building & Land
Ownership type: Fee Simple
Tenant pays: All Utilities
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$2,510/mo

Price history

Date	Event	Price
4/13/2026	Listed for sale	$650,000+0.7%$304/sqft
Source: GSMLS #4020187 Report a problem
2/5/2025	Listing removed	$645,500$302/sqft
Source: GSMLS #3924989 Report a problem
12/24/2024	Price change	$645,500-7.8%$302/sqft
Source: GSMLS #3924989 Report a problem
9/19/2024	Listed for sale	$700,000$327/sqft
Source: GSMLS #3924989 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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