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    • $1,500,000

    415 Central Ave #None, Newark City, NJ 07107

    --beds
    6baths
    5,558sqft
    : 
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    Apartment
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $270/sqft
    $-- HOA

    What's special

    High ceilingsFlexible interior layout
    Great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights district. The ground floor was formerly operated as a lounge and is wide-open, featuring two existing bar setups areas and an adaptable layout ideal for a restaurant or cafe. Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Two bar areas in place with high ceilings and flexible interior layout. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark's most dynamic and fast-growing corridors. Liquor License Can be purchased separately for $155,000
    76 days
    |
    87
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Donn Mcdonald 973-464-1066,

    Coldwell Banker Realty,

    Aja Ann Mauceri

    Source: GSMLS,MLS#: 4024072MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 6
      Heating
      • 3 Units, Forced Air, Natural Gas
      Cooling
      • 3 Units, Central Air
      Features
      • Doors: Max Door Height: 7
      • Basement: Yes,Bilco-Style Door,Partial,Storage Space,Unfinished
      Interior area
      • Total structure area: 1,500
      • Total interior livable area: 5,558 sqft

      Property

      Parking
      • Parking features: None
      Features
      • Stories: 3
      Lot
      • Size: 3,049 Square Feet
      • Dimensions: 30 x 101.8
      • Features: Corner Lot, Business District
      Details
      • Parcel number: 1614018460000000230000
      • Zoning description: Mixed Use
      • Other equipment: Appliances

      Construction

      Type & style
      • Home type: Apartment
      • Property subtype: Apartment
      • Attached to another structure: Yes
      Materials
      • Brick/Block, Wood, Vinyl Siding
      • Roof: Flat
      Condition
      • Year built: 1935
      • Major remodel year: 2024

      Utilities & green energy

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

      Community & HOA

      Community
      • Security: Fire Alarm, Smoke Detector(s)
      • Subdivision: University Heights
      Location
      • Region: Newark

      Financial & listing details

      • Price per square foot: $270/sqft
      • Tax assessed value: $319,700
      • Annual tax amount: $12,784
      • Date on market: 4/29/2026
      • Inclusions: Building Only
      • Ownership type: Fee Simple
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,708/mo

        Price history

        DateEventPrice
        4/29/2026Listed for sale$1,500,000+0.7%$270/sqft
        Source: GSMLS #4024072 Report a problem
        3/26/2025Listing removed$1,489,000$268/sqft
        Source: NJMLS #24039001 Report a problem
        12/14/2024Listed for sale$1,489,000+351.2%$268/sqft
        Source: NJMLS #24039001 Report a problem
        6/13/2018Listing removed$330,000$59/sqft
        Source: AMERICAN REALTY SERVICES GROUP #3441005 Report a problem
        4/18/2018Price change$330,000-1.8%$59/sqft
        Source: AMERICAN REALTY SERVICES GROUP #3441005 Report a problem
        3/12/2018Price change$335,900-1.2%$60/sqft
        Source: AMERICAN REALTY SERVICES GROUP #3441005 Report a problem
        3/5/2018Price change$339,900-2.9%$61/sqft
        Source: AMERICAN REALTY SERVICES GROUP #3441005 Report a problem
        1/30/2018Price change$349,900-1.4%$63/sqft
        Source: AMERICAN REALTY SERVICES GROUP #3441005 Report a problem
        1/19/2018Listed for sale$354,900$64/sqft
        Source: AMERICAN REALTY SERVICES GROUP #3441005 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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: Fairmount

        Getting around

        86 / 100
        Very Walkable
        72 / 100
        Excellent Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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