415 Central Ave #None, Newark, NJ 07107
FOR SALE

415 Central Ave #None
Newark, NJ 07107

Fairmount
  • Studio
  • 6 Baths
  • 5,558 sqft

$1,500,000

Est. Mortgage $10,036/mo*
Get Pre-Qualified

$1,500,000

Est. Mortgage $10,036/mo*
Get Pre-Qualified
Studio
6 Baths
5,558 sqft

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

Great multi-family building with two 4BR/2BA apartments and approximately 3,000 SF of prime ground-floor commercial space in the heart of Newark's University Heights district. The ground floor was formerly operated as a lounge and is wide-open, featuring two existing bar setups areas and an adaptable layout ideal for a restaurant or cafe. Positioned just minutes from Rutgers University, NJIT, Essex County College, major hospitals, and premier attractions like NJPAC and Prudential Center, this location enjoys strong foot traffic and excellent visibility. The surrounding area is dense with students, professionals, and daily commuters, offering a built-in audience. Two bar areas in place with high ceilings and flexible interior layout. Prominent frontage along Central Avenue, steps from public transportation and major highways. Surrounded by colleges, hospitals, and downtown amenities in one of Newark's most dynamic and fast-growing corridors. Liquor License Can be purchased separately for $155,000

Home Highlights

Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$270
Listed
46 days ago

Home Details for 415 Central Ave #None

Active Status

MLS Status: Active

Interior Features

Interior Details
Basement: Yes,Bilco-Style Door,Partial,Storage Space,Unfinished
Beds & Baths
Number of Bathrooms: 6
Dimensions and Layout
Living Area: 5558 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected
Heating & Cooling
Heating: 3 Units,Forced Air,Natural GasHas CoolingAir Conditioning: 3 Units,Central AirHas HeatingHeating Fuel: 3 Units
Gas & Electric
Gas: Gas-NaturalHas Electric on Property
Windows, Doors, Floors & Walls
Door: Max Door Height: 7
Levels, Entrance, & Accessibility
Stories: 3Number of Stories: 3
Security
Security: Fire Alarm, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: Flat
Parking & Garage
Parking: None
Water & Sewer
Sewer: Public Sewer

Days on Market

Days on Market: 46

Property Information

Year Built
Year Built: 1935Year Renovated: 2024
Property Type / Style
Property Type: ResidentialProperty Subtype: Apartment
Building
Building: Kitchen Area, Restrooms - Public, Sign - Building, Sign - Roof, Storage Area(s)Construction Materials: Brick/Block, Wood, Vinyl SidingAttached To Another Structure
Property Information
Usage of Home: 1st Fl Commercial, Upper Floors Multi-family, Bar On 1st Floor, Mf On Upper FloorsIncluded in Sale: Building OnlyParcel Number: 1614018460000000230000

Price & Status

Price
List Price: $1,500,000Price Per Sqft: $270
Status Change & Dates
Possession Timing: Upon Closing

Location

Direction & Address
City: Newark CityCommunity: University Heights

Agent Information

Listing Agent
Listing ID: 4024072

Building

Building Area
Building Area: 1500 Square Feet

Lot Information

Lot Area: 3049.2 sqft

Miscellaneous

BasementMls Number: 4024072Attribution Contact: 973-464-1066
Last check for updates: 2 days ago
Listing courtesy of Donn Mcdonald, (973) 464-1066
Coldwell Banker Realty
Aja Ann Mauceri
Source: GSMLS, MLS#4024072
Also Listed on GSMLS.

Market trends in Newark

Last updated May 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$453K
$16.67KMoM
Sale-to-List Price
101.7%
1.1%MoM
Price per sq ft
—
Available listings
241
1MoM

Price History for 415 Central Ave #None

DatePriceEventSource
04/29/2026$1,500,000Listed For SaleGSMLS #4024072
03/26/2025$1,489,000ListingRemovedNJMLS #24039001
12/14/2024$1,489,000Listed For SaleNJMLS #24039001
06/13/2018$330,000ListingRemovedAgent Provided
04/18/2018$330,000PriceChange
Agent Provided
03/12/2018$335,900PriceChange
Agent Provided
03/05/2018$339,900PriceChange
Agent Provided
01/30/2018$349,900PriceChange
Agent Provided
01/19/2018$354,900Listed For SaleAgent Provided

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Assigned Schools

These are the assigned schools for 415 Central Ave #None.
View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

Neighborhood Overview

Fairmount
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Fairmount

At least 180 Trulia users voted on each feature.

  • 86 % Say there are sidewalks

  • 70 % Say it's walkable to grocery stores

  • 69 % Say yards are well-kept

  • 68 % Say it's dog friendly

  • 66 % Say car is needed

  • 58 % Say streets are well-lit

  • 54 % Say there's holiday spirit

  • 52 % Say it's walkable to restaurants

  • 52 % Say kids play outside

  • 46 % Say parking is easy

  • 44 % Say they plan to stay for at least 5 years

  • 39 % Say neighbors are friendly

  • 35 % Say it's quiet

  • 34 % Say there's wildlife

  • 33 % Say people would walk alone at night

  • 29 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Michelle F
    "The parking is terrible most of the time you can't find a parking space, and the summer it's so loud with people always blasting their music at night, it's just to active."
    0
    Flag
  • Trulia User
    "sidewalks are small with a lot of fences and gates. a lot of other dogs that are aggressive. parks are far from here not in walking distance with a lot of cemeteries in the area"
    1
    Flag
  • Trulia User
    "brings everyone together peacefully and no drama with people hurting each other or themselves while attending the event that the city put together when needed "
    3
    Flag
  • Trulia User
    "It’s a awesome are and people are every respectful and crewing I live in Newark for 28 years no problems at all."
    9
    Flag
  • Trulia User
    "New environment good place for kids to grow up and and I love the area it’s safe for the kids and the schools are great shopping areas "
    1
    Flag
  • Trulia User
    "I will encourage any family to stay in this environment because it’s very nice place and quite place to stay.. "
    2
    Flag
  • Trulia User
    "Great . I’m close to four bus lines and they take me to other forms of transportation. Just safety issues. I’m weary of standing at the bus lines because of the crime rate. My form of transportation is Uber or family members "
    3
    Flag
  • William W.
    "I have had no issues since living here. its quiet and people dont bother you. I have lived here three years and enjoy my home. I am mindful of where I live but I am not vigilant 24/7. "
    73
    Flag
  • Trulia User
    "This neighborhood is bad, lots of drug dealers selling drugs, shooting, fighting all times of day in night! It was a nightmare living there! They be outside till something in the morning playing loud music! You call the cops they leave then come back when the police leave! It’s a bad area period not for kids to play outside it’s not safe And they make it so dirty in front of your house "
    60
    Flag
  • Big C
    "No area for dogs to play freely like a dog park. Most let their dogs defecate near trees, behind abandon homes and in front of residents houses without picking up their dogs mess."
    8
    Flag
  • Chemisse B.
    "I reside in an up and coming neighborhood. There are new construction projects. There is public transportation allowing ease to get around. You can get to NYC easily. There are shops, stores, grocery stores, and close to a hospital. "
    6
    Flag
  • Peekaymartin
    "easy commute to public transportation. easy commute to major highways. easy commute to new York, airport, malls etc"
    5
    Flag
  • Jussmackdaddy
    "THE GENTRIFICATION OF WORKING CLASS FAMILIES SHARING THE SAME GOALS. AFRICANS CARRIBEANS HISPANICS AND AFRICAN AMERICANS ARE ALIKE. THERE'S A A CHURCH IN MY BLOCK THAT SERVICES COMMUNITIES NEAR AND FAR WITH THEIR RELIGIOUS PANTRY AND OTHER SERVICES. THERE ARE COLONIAL STYLE AND TOWNHOUSES. BUS AND SHOPPING ARE CLOSE TO TRANSPORTATION. FASTFOOD RESTAURANTS ARE NEARBY EITHER YOU CAN GO OR STAY.WHAT I REALLY LOVE ABOUT IT IS MY RESPECT FOR A COUPLE OF ELDERLY NEIGHBORS TELLING ME THE HISTORY OF THE NEIGHBORHOOD AND THE CHANGES THROUGHOUT THE YEARS. THERE'S A CHARTER SCHOOL THAT'S ONE BLOCK AWAY AS WELL AS A HOSPITAL 2 BLOCKS AWAY. SO THAT WHAT MAKES MY NEIGHBOR UNIQUE. IT OPENS THE DOOR FOR THE NEXT GENERATION THAT I MUST BE PREPARED FOR."
    100
    Flag
  • Angelique T.
    "it's ok but just not for me want to move to a better place some parts are ok but some are not wish to find a better place to stay "
    35
    Flag
  • Angelique T.
    "not sure but I just want to move to a better spot than where I'm at now because people don't respect one another I would like to be in a peaceful area "
    16
    Flag
  • Latoyah T.
    "I live in the neighborhood, moved here from NY due to rent being really high & NJ isn’t much of a difference. A lot of abandoned houses, broken sidewalks & riddled streets. "
    85
    Flag

LGBTQ Local Legal Protections

Donn Mcdonald, Coldwell Banker Realty
Agent Phone: (973) 464-1066
The data relating to real estate for sale on this website 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.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings on this website 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.
415 Central Ave #None, Newark, NJ 07107 is a studio, 6 bathroom, 5,558 sqft apartment built in 1935. 415 Central Ave #None is located in Fairmount, Newark. This property is currently available for sale and was listed by GSMLS on Apr 29, 2026. The MLS # for this home is MLS# 4024072.