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$ 900,000
Est. payment /mo
Open Sat 12PM-4PM
308 CLIFTON AVE Newark, NJ 07104-1581
9 Beds
6 Baths
Open House
Sat Nov 22, 12:00pm - 4:00pm
Sun Nov 23, 12:00pm - 4:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250021389
Bedrooms 9
Full Baths 5
Half Baths 1
HOA Fees $3/mo
Annual Tax Amount $14,253
Tax Year 2024
Lot Dimensions 100X25
Property Sub-Type 3 Family
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
Area Newark
Rooms
Basement Finished, Full, Walk-Out
Interior
Heating A/C Central, Hot Air, Gas
Cooling A/C Central, Hot Air, Gas
Exterior
Exterior Feature Aluminum/Vinyl, Stucco
Parking Features 2 Cars
Listed by SIGNATURE REALTY NJ LLC