347 Avon Ave, Newark, NJ, 07108
About This Home
Turnkey mixed-use investment opportunity. This fully renovated building offers an excellent location with strong income potential. The property features four units, including two street-level commercial space. and two residential apartments, tenant ready. Ideal for investors seeking immediate cash flow, this well-maintained property combines stability with upside. The commercial unit provides established tenancy, while the residential units offer flexibility for rental income or owner occupancy. Conveniently located near major transportation, shopping, and local amenities, this is an exceptional opportunity to own a high-performing asset in a growing area. Don't miss your chance to secure a solid investment schedule a viewing today.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Materials
- Roof: Flat
Type & Style
- Home type: SingleFamily
- Property subType: Mixed Use
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Heat Wave
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across New Jersey Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,803 | $57,636 |
| Home Insurance * | $534 | $6,408 |
| Property Taxes | $1,662 | $19,944 |
| Electricity | $193 | $2,318 |
| Total | $7,192 | $86,304 |
Income You'd Need if You Spent...
New Jersey FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-14 | Listed for sale | $950,000 |
| 2020-01-30 | Listing removed | $399,000 |
| 2019-09-12 | Listed for sale | $399,000 |
| 2018-12-31 | Listing removed | $390,000 |
| 2018-08-22 | Listed for sale | $390,000 |
| 2018-01-30 | Listing removed | $1,300 |
| 2018-01-24 | Price change | $1,300 |
| 2017-12-22 | Listed for rent | $1,200 |
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