Seller's Agent in 2025
Ami Cruz
New and Modern Group
(908) 312-5113
3 in this area
47 Total Sales
376 Avon Ave Newark, NJ 07108
Clinton Hill NeighborhoodEstimated Value: $436,285
Studio
--
Bath
--
Sq Ft
2,483
Sq Ft Lot Lot
About This Home
As of June 2025Introducing an incredible opportunity for the savvy investor Full gut renovation, mixed-use property offers both versatility and long-term potential. Boasting three separate units, the first is a commercial storefront ideal for a business, restaurant/office or retail space with high visibility. Unit two features a spacious 3-bedroom, 1-bath residential apartment, while unit three is a well-appointed 2-bedroom residence, perfect for rental income or multi-generational living. Additionally, a detached garage offers untapped potential to be converted into a fourth income-producing unit. With updated systems, solid structure, and flexible zoning, this property is primed to become a cornerstone investment ideal for those looking to build sustainable, generational wealth.
Property Details
Property Type
- Other
Est. Annual Taxes
- $11,325
Lot Details
- 2,483
Home Design
- Asphalt
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2025
Closed on
May 28, 2025
Sold by
376 Avon Ave Llc
Bought by
376 Avon Avenue Llc
Seller's Agent
Ami Cruz
New and Modern Group
Buyer's Agent
Ami Cruz
New and Modern Group
List Price
$410,000
Sold Price
$450,000
Premium/Discount to List
$40,000
9.76%
Views
14
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,715
Purchase Details
Closed on
May 14, 2024
Sold by
County Of Essex Sheriffs
Bought by
Residential Mortgage Aggregation Trust and 376 Avon Ave Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
6.49%
Mortgage Type
Construction
Purchase Details
Closed on
Nov 6, 2006
Sold by
Green Carolyn
Bought by
Lucas James
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$181,600
Interest Rate
6.31%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 376 Avon Avenue Llc | $450,000 | None Listed On Document | |
| Residential Mortgage Aggregation Trust | $391,000 | None Listed On Document | |
| Lucas James | $227,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Residential Mortgage Aggregation Trust | $315,000 | |
| Previous Owner | Lucas James | $181,600 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $450,000 | +9.8% | -- | |
| 05/07/2025 05/07/25 | Pending | -- | -- | -- | |
| 05/02/2025 05/02/25 | For Sale | $410,000 | +127.8% | -- | |
| 01/03/2019 01/03/19 | Sold | $180,000 | -25.0% | -- | View Prior Sale |
| 10/23/2018 10/23/18 | Pending | -- | -- | -- | |
| 09/27/2018 09/27/18 | For Sale | $240,000 | -- | -- |
Source: New Jersey MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $11,325 | $297,800 | $42,500 | $255,300 |
| 2024 | $11,102 | $297,800 | $42,500 | $255,300 |
| 2022 | $11,126 | $297,800 | $42,500 | $255,300 |
| 2021 | $11,120 | $297,800 | $42,500 | $255,300 |
| 2020 | $13,026 | $342,800 | $42,500 | $300,300 |
| 2019 | $12,893 | $342,800 | $42,500 | $300,300 |
| 2018 | $12,660 | $342,800 | $42,500 | $300,300 |
| 2017 | $12,204 | $342,800 | $42,500 | $300,300 |
| 2016 | $11,792 | $342,800 | $42,500 | $300,300 |
| 2015 | $11,343 | $342,800 | $42,500 | $300,300 |
| 2014 | $10,630 | $342,800 | $42,500 | $300,300 |
Source: Public Records
Agents Affiliated with this Home
-
Ami Cruz
-
D
Seller's Agent in 2019
DOLORES ROSE MOSLEY
EXP REALTY, LLC
Map
Source: New Jersey MLS
MLS Number: 25014278
APN: 14-02650-0000-00001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked 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. Source: New Jersey Multiple Listing, Inc.
© 2026 New Jersey Multiple Listing Service Inc. All rights reserved.
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