Newark, NJ 07104,308 Clifton AVE
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$ 900,000
Est. payment | /mo

2,767 SqFt


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$ 900,000
Est. payment | /mo
Save

2,767 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,767 sqft

Price per Sqft $325

MLS Listing ID 2606006R

Year Built 2023

Annual Tax Amount $14,253

Tax Year 2024

Lot Size 2,500 Sqft

Acres 0.0574

Lot Dimensions 100.00 x 25.00

Property Sub-Type 3 Family

Source CJMLS API

Property Description

Discover the unbeatable CASH FLOW potential at 308 Clifton Avenue! Nestled in Newark's sought-after, tranquil Forest Hill neighborhood, this 3-family home was fully renovated in 2023. Steps from Bloomfield Avenue, across from Kearny, and moments from the east entrance of scenic Branch Brook Park. Easy commute, buses 11, 28, 29, and 72, the Newark PATH, and Penn Station connect you directly to New York City in just 25 minutes. Diverse dining featuring top restaurants like Fornos of Spain, Casa d'Paco, and countless local cafes, bakeries, and markets. This property features three spacious units plus a full finished basement with endless potential. Enjoy a two-car driveway, a private backyard, and peace of mind in a flood-free zone. Recent upgrades include a new roof, new siding, and a modern furnace, providing comfort and low-maintenance living for years to come. Conveniently located near Technology High School, Robert Treat Academy, Rutgers University, Newark, NJIT, and Essex County College, this address combines strong educational access with incredible lifestyle appeal. Close to Newark Liberty International Airport, major highways, and shopping districts.Whether you're an investor seeking reliable cash flow, an owner-occupant looking to offset your mortgage, or a first-time buyer ready to grow wealth through real estate, this turnkey, income-producing gem is your opportunity to live smart and prosper in a prime Newark location. Potential gross income: $108,000! Call today!

Location

State NJ

County Essex

Rooms

Basement Full, Finished, Bath Full, Other Room(s), Daylight, Exterior Entry, Recreation Room, Storage Space, Utility Room, Laundry Facilities

Interior

Interior Features Unit 1(Dining Room, 4 Bedrooms, Kitchen, Laundry Hookup, Living Room, 2+ Baths), Unit 2(Dining Room, 3 Bedrooms, Kitchen, Living Room, 2+ Baths, Den/Family Room), Unit 3(Dining Room, 3 Bedrooms, Kitchen, 1 Bath, Living Room)

Heating Forced Air

Cooling A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central)

Appliance Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven)

Heat Source Natural Gas

Exterior

Exterior Feature Patio, Yard

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Porch Patio

Building

Lot Description Interior Lot

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1400535000000042

Ownership Fee Simple

Energy Description Natural Gas

Central Jersey MLS (CJMLS)
Listed by SIGNATURE REALTY NJ

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