111 Park Ave

Newark, NJ 07104

$586,000
Last Sold Price
7
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Welcome to this fantastic three-family home in Newark,This well-maintained property is a fantastic investment opportunity, featuring one vacant unit and two occupied units, providing immediate income potential. Each unit has been recently updated, offering modern amenities and a comfortable living space. Whether you're an investor looking for rental income or a homeowner seeking a multi-generational living solution, this property has the flexibility to suit your needs. The proximity to Branchbrook...Welcome to this fantastic three-family home in Newark,This well-maintained property is a fantastic investment opportunity, featuring one vacant unit and two occupied units, providing immediate income potential. Each unit has been recently updated, offering modern amenities and a comfortable living space. Whether you're an investor looking for rental income or a homeowner seeking a multi-generational living solution, this property has the flexibility to suit your needs. The proximity to Branchbrook Park means you can enjoy serene strolls, vibrant cherry blossoms in spring, and numerous recreational activities just steps from your doorstep. Additionally, the property is conveniently situated near public transportation, making it easy to access all that Newark has to offer. Being sold strictly as is and buyer is responsible to apply for and obtain all required City Certificates to close

Property Details for 111 Park Avenue

Style
3 Family
LISTING UPDATED: 03/13/2025 09:06 PM

Property Details for 111 Park Avenue

StatusSold - Sold
MLS #23034168
Days on Market75
Taxes$4,714 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family
Year Built-
Lot Size-
CountyEssex County

Location

Listing Courtesy of Lifestyle International Realty, Nicholas J. Verdi

Sold By Outside Office, Outside Agent

Add your commute

Payment Calculator

$3,463 per month

30 year fixed, 6.845% Interest

Principal and Interest

$3,070

Property Taxes

$393

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Park Avenue

Summary
Location and General Information
  • Area name: Newark
  • Flood plain: None
  • Street Name: Park
  • County Name: ESSEX
  • Status: Closed
  • Street Number Numeric: 111
  • Zip Code: 07104
Taxes and HOA Information
  • Other Charges: True
  • Tax: $4,714
Property
Lot Information
  • Year Built: 1980's
  • Average Acres: 0.06
Property and Assessments
  • Photo Number: 11
Utilities
  • Sewer: Public Sewer
Interior and Exterior Features
Interior Features
  • Bedrooms: 7
  • Baths full: 3
  • Baths partial: 0
  • Number of rooms: 14
  • Full Baths Total: 3
  • Num of Baths: 3.0
Exterior Features
  • Exterior: Brick/Block
Agent
Sale and Listing Information
  • Management Phone: (973) 769-1009
  • Search Class: 2to4, 2-4 Family
  • List Price: $524,900.00
  • Listing Date: 11-06-2023
  • Expired Date: 02-01-2024
  • Pending Date: 12-18-2023
  • Close Date: 02-09-2024
  • Status Date: 02-08-2024
  • Sale Price: $586,000
Showing Information
  • Internet Remarks: Welcome to this fantastic three-family home in Newark,This well-maintained property is a fantastic investment opportunity, featuring one vacant unit and two occupied units, providing immediate income potential.Each unit has been recently updated, offering modern amenities and a comfortable living space. Whether you're an investor looking for rental income or a homeowner seeking a multi-generational living solution, this property has the flexibility to suit your needs.The proximity to Branchbrook Park means you can enjoy serene strolls, vibrant cherry blossoms in spring, and numerous recreational activities just steps from your doorstep. Additionally, the property is conveniently situated near public transportation, making it easy to access all that Newark has to offer. Being sold strictly as is and buyer is responsible to apply for and obtain all required City Certificates to close

Property History for 111 Park Avenue

DateEvent & SourcePriceAppreciation
Feb 9, 2024

Sold

GSMLS #3873312

$586,000
Feb 8, 2024

Sold

NJMLS #23034168

$586,000
Jan 29, 2024

Sold (Public Record)

Public Record #1527698943

$586,000
Jan 20, 2024

Under Contract

GSMLS #3873312

Nov 6, 2023

Listed (Active)

GSMLS #3873312

$524,900
Nov 5, 2023

Listed (Active)

NJMLS #23034168

$524,900
DateEvent & SourcePrice
02/09/2024

Sold

GSMLS #3873312

$586,000
02/08/2024

Sold

NJMLS #23034168

$586,000
01/29/2024

Sold (Public Record)

Public Record #1527698943

$586,000
01/20/2024

Under Contract

GSMLS #3873312

11/06/2023

Listed (Active)

GSMLS #3873312

$524,900
11/05/2023

Listed (Active)

NJMLS #23034168

$524,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 111 Park Avenue

Taxable ValueLand$18,200Additions$108,000Total$126,200
Tax Record2023$4,705 ($392 / month)
Home Facts
Beds0Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtStories3Lot Size2,500 SqFtStyleSingle Family ResidenceYear Built1907CountyESSEXAPN14 00508-0000-00031

Schools near 111 Park Avenue

This home is within The Newark Public School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - PK to 8
Public - PK to 8
Public - PK to 8
Rating
School
Distance
Ridge Street Elementary School
PublicPK to 8

Elliott Street Elementary School
PublicPK to 8

Luis Munoz Marin Ele
PublicPK to 8

New Park School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lifestyle International Realty, Nicholas J. Verdi

The data relating to the real estate for sale on this website comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than (insert office name) aremarked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website. All information deemed reliable but not guaranteed. Last date updated: 07/07/2025 06:45 PM. Source: New Jersey Multiple Listing Service, Inc. © 2025 New Jersey Multiple Listing Service, Inc. All rights. The data relating to the real estate for sale and sold listing information on this website comes from the New Jersey Multiple Listing Service, Inc. Virtual Office Website (VOW) program. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. Sold listings may have been listed and/or sold by a real estate brokerage other than (insert office name). All information deemed reliable but not guaranteed. NLMLS makes no representation or warranty regarding the accuracy of the data. This data and information is protected under federal copyright laws which prohibit the unauthorized copying or alternation of all or any part of copyrighted materials, including certain compilations of data and information. Copyright violators may be subject to severe fines and penalties under federal law. Source: New Jersey Multiple Listing Service Inc. Last date updated: 07/07/2025 06:45 PM © 2025 New Jersey Multiple Listing Service Inc. All rights reserved.