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.
Under contract
$750,000
297 Avon Ave, Newark City, NJ 07108
6beds
19,998sqft
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
- 64 days |
- 23 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Carlos Beltran 347-292-8750,
Compass New Jersey Llc
Source: GSMLS,MLS#: 4026073
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
Zestimate®
$795,300
Estimated sales range
$756,000 - $843,000
Rent Zestimate®
$2,782/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Pending sale | $750,000$38/sqft |
Source: | ||
| 5/7/2026 | Listed for sale | $750,000+425.2%$38/sqft |
Source: | ||
| 10/4/2018 | Listing removed | $2,250 |
Source: Go Section8 Report a problem | ||
| 8/23/2018 | Listed for rent | $2,250+50% |
Source: Zillow Rental Network Report a problem | ||
| 8/4/2015 | Listing removed | $1,500 |
Source: Go Section8 Report a problem | ||
| 7/3/2015 | Listed for rent | $1,500 |
Source: APT AND HOME FINDERS Report a problem | ||
| 6/11/2015 | Sold | $142,800+2756%$7/sqft |
Source: | ||
| 12/11/2013 | Listing removed | $5,000 |
Source: ERA Reed Realty, Inc.. Property is being auctioned on Auction.com Report a problem | ||
| 11/22/2013 | Listed for sale | $5,000-97.5% |
Source: Property is being auctioned on Auction.com Report a problem | ||
| 7/13/2011 | Listing removed | $199,000$10/sqft |
Source: ERA Reed Realty Inc. Report a problem | ||
| 5/29/2011 | Listed for sale | $199,000$10/sqft |
Source: ERA Reed Realty Inc. Report a problem | ||
| 1/23/2011 | Listing removed | $199,000$10/sqft |
Source: ERA Reed Realty Inc. Report a problem | ||
| 12/11/2010 | Listed for sale | $199,000-41.5%$10/sqft |
Source: ERA Reed Realty Inc. Report a problem | ||
| 5/29/2007 | Sold | $340,000+47.8%$17/sqft |
Source: Public Record Report a problem | ||
| 7/1/2002 | Sold | $230,000$12/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | $285,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll 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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Upper Clinton Hill
Nearby schools
GreatSchools rating
- 3/10Avon Avenue SchoolGrades: PK-8Distance: 0.2 mi
- 1/10Central High SchoolGrades: 9-12Distance: 0.6 mi
- 1/10Malcolm X Shabazz High SchoolGrades: 9-12Distance: 0.8 mi
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