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Under contract
  • $750,000

    297 Avon Ave, Newark City, NJ 07108

    6beds
    19,998sqft
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    Multi Family
    Built in 2002
    -- sqft lot
    $795,300 Zestimate®
    $38/sqft
    $-- HOA

    What's special

    One-car garageAdditional off-street parkingWell-maintained finishesSpacious interiorsExpansive layoutPrivate balconiesUpdated kitchens
    Well-maintained and spacious two-family home built in 2002, offering flexible living arrangements and strong income potential in Newark's desirable Upper Clinton Hill neighborhood ideal for buyers looking to offset their mortgage with rental income. This thoughtfully designed property features a total of 6 bedrooms and 5 full bathrooms across multiple levels, making it well-suited for owner-occupancy, extended household living, or investment purposes. The first unit offers an expansive layout with 3 bedrooms and 3 full bathrooms, providing generous space for larger households. The second unit features 3 bedrooms and 2 full bathrooms with a comfortable and functional floor plan designed for everyday living. Both units include spacious interiors with hardwood, vinyl, and tile flooring throughout, along with updated kitchens, dishwashers, and well-maintained finishes. Additional highlights include central heating and air conditioning for both units, private balconies, a one-car garage, and additional off-street parking. The property has been consistently maintained and updated over time, offering a solid opportunity for both investors and owner-occupants. Conveniently located near schools, shopping, parks, public transportation, and major commuter routes including I-78, I-280, the Garden State Parkway, and the NJ Turnpike. Eligible buyers may also qualify for down payment and closing cost assistance programs, adding to the overall affordability.
    64 days
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    23
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    0
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    Zillow last checked:

    Listing updated:

    Listed by:

    Carlos Beltran 347-292-8750,

    Compass New Jersey Llc

    Source: GSMLS,MLS#: 4026073MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 5
      • Full bathrooms: 5
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Range/Oven - Gas, Refrigerator
      • Laundry: Laundry Room
      Features
      • Bedrooms, Dining Room, Kitchen, Living Room, Master Bedroom
      • Basement: Yes,Finished,Full
      • Has fireplace: No
      Interior area
      • Total structure area: 19,998
      • Total interior livable area: 19,998 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car Width, Off Street, Attached Garage
      • Attached garage spaces: 1
      • Uncovered spaces: 2
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 28 x 115
      Details
      • Parcel number: 1614026260000000270000

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Roof: Asphalt Shingle
      Condition
      • Year built: 2002

      Utilities & green energy

      • Gas: Gas-Natural
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Natural Gas Connected

      Community & HOA

      Community
      • Security: Carbon Monoxide Detector(s), Fire Alarm, Smoke Detector(s), Carbon Monoxide Detector, Fire Alarm System, Smoke Detector
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $38/sqft
      • Tax assessed value: $140,500
      • Annual tax amount: $5,618
      • Date on market: 5/7/2026
      • Total actual rent: 19998
      • Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas

        Estimated market value

        $795,300

        $756,000 - $843,000

        $2,782/mo

        Price history

        DateEventPrice
        5/27/2026Pending sale$750,000$38/sqft
        Source: GSMLS #4026073 Report a problem
        5/7/2026Listed for sale$750,000+425.2%$38/sqft
        Source: GSMLS #4026073 Report a problem
        10/4/2018Listing removed$2,250
        Source: Go Section8 Report a problem
        8/23/2018Listed for rent$2,250+50%
        Source: Zillow Rental Network Report a problem
        8/4/2015Listing removed$1,500
        Source: Go Section8 Report a problem
        7/3/2015Listed for rent$1,500
        Source: APT AND HOME FINDERS Report a problem
        6/11/2015Sold$142,800+2756%$7/sqft
        Source: GSMLS #2815060 Report a problem
        12/11/2013Listing removed$5,000
        Source: ERA Reed Realty, Inc.. Property is being auctioned on Auction.com Report a problem
        11/22/2013Listed for sale$5,000-97.5%
        Source: Property is being auctioned on Auction.com Report a problem
        7/13/2011Listing removed$199,000$10/sqft
        Source: ERA Reed Realty Inc. Report a problem
        5/29/2011Listed for sale$199,000$10/sqft
        Source: ERA Reed Realty Inc. Report a problem
        1/23/2011Listing removed$199,000$10/sqft
        Source: ERA Reed Realty Inc. Report a problem
        12/11/2010Listed for sale$199,000-41.5%$10/sqft
        Source: ERA Reed Realty Inc. Report a problem
        5/29/2007Sold$340,000+47.8%$17/sqft
        Source: Public Record Report a problem
        7/1/2002Sold$230,000$12/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,619 +5.2%$140,500
        2024$5,343 +1.8%$140,500
        2023$5,249 -40.8%$140,500
        2022$8,873 $140,500 -39.8%
        2021$8,873 +1%$233,500
        2020$8,782 +37.4%$233,500
        2019$6,390 $233,500
        2018$6,390 -20.5%$233,500
        2017$8,032 +4%$233,500
        2016$7,727 +6.7%$233,500
        2015$7,241 +5%$233,500
        2014$6,895 -20.6%$233,500
        2013$8,685 +3.7%$233,500 -7.2%
        2012$8,373 +4.7%$251,600
        2011$8,001 +16.1%$251,600
        2010$6,891 -7.1%$251,600
        2009$7,420 +4.4%$251,600 -11.9%
        2008$7,109 +762.5%$285,500
        2007$824 $285,500
        2006-- $285,500
        2005-- $285,500
        2004$1,881 $285,500
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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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        Climate risks

        Neighborhood: Upper Clinton Hill

        Getting around

        76 / 100
        Very Walkable
        62 / 100
        Good Transit
        54 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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