Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
8 Beds
3 Baths

$889,900

111 Park Ave, Newark City NJ, 07104

Built in1907
Property typeMulti-family

Overview

Active

Listed Aug 21, 2026

Updated 3 days ago

Discover the possibilities at 111 Park Avenue, Newark, NJ, a multifamily property offering an attractive opportunity for both the investor and owner-occupant. Whether you're looking to expand a real estate portfolio or live in one unit while generating rental income from the others, this property provides the flexibility today's buyers value.For the investor, Newark's established rental market and proximity to employment, education, transportation, shopping and neighborhood services create the foundation for continued tenant demand. Multiple units provide an opportunity to generate income from more than one household while building long-term equity in one of New Jersey's major urban markets.For the owner-occupant, the opportunity is equally compelling: occupy one unit and use rental income from the additional unit or units to help offset monthly housing expenses, subject to lender qualification. It's a practical path toward homeownership while simultaneously owning an income-producing asset.The Park Avenue location provides convenient access to Downtown Newark, public transportation, major highways, schools, universities, restaurants and parks, with New York City within commuting reach.Live in it. Rent it. Build equity with it. Explore the income and ownership possibilities waiting at 111 Park Avenue.

$5,921/mo

Est. mortgage payment based on a $889,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
4048285

Interior Features

Bedrooms
8
Bathrooms
3
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.06 Acres

Other Property Details

Taxes
$5,046
Tax Frequency
Annually
55+/Senior Community
No

Courtesy of ERA QUEEN CITY REALTY with WILLIAM C COLLINS,
Listing Contact: 9083225454 

The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service , L.L.C . Real estate listings held by other brokerage firms are marked as IDX Listing.  All information deemed reliable but not guaranteed and should be independently verified.  Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.

This information is being provided for Consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing. 

Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service. All rights reserved. 

 

Powered by Luxury Presence