$999,999
SOLD JUL 21, 2025

426 Avon Ave Newark, NJ 07108

Clinton Hill Neighborhood
9 Beds
6 Baths
-- Sq Ft
2,500 Sq Ft Lot

Recently Sold

92 Days on Market

About This Home

As of July 2025

An amazing opportunity to own a brand-new, 3-family home designed for modern living and maximum rental income. Property features 9 Bedrooms, 6 Bathrooms (Three units: 3 bed/2 bath each). New Construction with a 10-year builder's warranty. 5-Year Tax Abatement for significant savings along with 4+ Car Parking. Modern Interiors include stainless steel appliances, hardwood floors, laundry room in each unit, spacious 7ft x 3ft quartz island in each unit, and central HVAC for year-round comfort. Excellent investment or owner-occupant opportunity. Live in one unit and rent out the others, or rent all three for strong cash flow.Schedule a showing today!

Last Agent to Sell the Property

Oscar Nunez

Keller Williams City Views Realty Listed on: 03/19/2025

Keller Williams City Views Realty

Last Buyer's Agent

Pamela Nunez

Keller Williams City Views Realty

Keller Williams City Views Realty

Property Details

Home Type

  • Multi-Family

Lot Details

  • 2,500 Sq Ft Lot

Home Design

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 6 Full Bathrooms

Listing and Financial Details

  • Legal Lot and Block 8 / 2646

Property Details

Home Type

Multi-Family

Lot Details

0

Listing Details

  • Property Type: 2-4 Family
  • Su Prop: 2-4 Family
  • Co List Office Phone: 201-592-8900
  • MLS Status: Sold - Sold
  • Directions: Corner of Avon ave and south 15th st
  • Architectural Style: 3 Family
  • Year Built Details: New Const-New Fdn,To Be Blt
  • PropertySubTypeAdditional: Other
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Full Bathrooms: 6
  • Total Bedrooms: 9

Exterior Features

  • Disclosures: Seller's Agent

Utilities

  • Utilities: See Remarks

Lot Info

  • Lot Size Sq Ft: 2500.0

Tax Info

  • Tax Block: 2646
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2025
Closed on
Jul 11, 2025
Sold by
Mingo Investments Llc
Bought by
Perez Angie Carvajal
Seller's Agent
FERNANDO MINGO MOROCHO
KELLER WILLIAMS CITY VIEWS REALTY
Buyer's Agent
PAMELA NUNEZ
KELLER WILLIAMS CITY VIEWS REALTY
List Price
$989,999
Sold Price
$999,999
Premium/Discount to List
$10,000
1.01%
Views
74

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.14%
Original Mortgage
$949,999
Outstanding Balance
$949,191
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$22,996

Purchase Details

Closed on
Aug 2, 2024
Sold by
Invest Newark
Bought by
Mingo Investments Llc

Purchase Details

Closed on
Jan 20, 2015
Bought by
City Of Neward

Purchase Details

Closed on
Jul 25, 2011
Sold by
Blue Ribbon Management Inc
Bought by
Ks Lots Llc
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $999,999 First American Title
Quit Claim Deed $82,500 Madison Title
Quit Claim Deed $3,400 --
Deed $3,400 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $949,999 New Conventional
Previous Owner $450,000 Construction
Previous Owner $3,400,000 Construction
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 Sold $999,999 +1.0% --
06/06/2025 06/06/25 Pending -- -- --
05/01/2025 05/01/25 For Sale $989,999 0.0% --
04/08/2025 04/08/25 Pending -- -- --
03/18/2025 03/18/25 For Sale $989,999 -- --
Source: New Jersey MLS

Tax History Compared to Growth

Source: Public Records

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 -- $42,500 $42,500 --
2024 -- $42,500 $42,500 $0
2022 $0 $42,500 $42,500 $0
2021 $0 $42,500 $42,500 $0
2020 $0 $42,500 $42,500 $0
2019 $0 $42,500 $42,500 $0
2018 $0 $42,500 $42,500 $0
2017 $0 $42,500 $42,500 $0
2016 $0 $42,500 $42,500 $0
2015 -- $42,500 $42,500 $0
2014 $1,318 $42,500 $42,500 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2025

    FERNANDO MINGO MOROCHO

    KELLER WILLIAMS CITY VIEWS REALTY

  • O

    Seller Co-Listing Agent in 2025

    OSCAR NUNEZ-PAZ

    KELLER WILLIAMS CITY VIEWS REALTY

  • P

    Buyer's Agent in 2025

    PAMELA NUNEZ

    KELLER WILLIAMS CITY VIEWS REALTY

See All Agents

Map

Source: New Jersey MLS

MLS Number: 25008784

New Jersey MLS

APN: 14-02646-0000-00008

New Jersey Essex County Newark 07103 Clinton Hill

426 Avon Ave, Newark, NJ

This home is located at 426 Avon Ave, Newark, NJ 07108 and is currently priced at $999,999. 426 Avon Ave is a home located in Essex County with nearby schools including Hawthorne Avenue Elementary School, Belmont Runyon School, and Louise A. Spencer School.

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.

New Jersey MLS 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.

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