308 CLIFTON AVE new

Newark,NJ 07104-1581

$ 900000

9 Beds

6 Baths

- SqFt


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

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