320 Clifton Ave
Newark City, NJ 07104
Price: $875,000
GSMLS: 3971288Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 3 Full
Garage: No
Year Built: 1887
Acres: 0.06
Property Tax: $6,179
Description
Investors Alert!! Don't Miss This Great Opportunity To Own This Beautifully Maintained 3-family Property In A Prime Newark Location. Each Unit Features A Generous Layout And Solid Rental Potential. Recent Upgrades Include A Brand-new Roof (2 Years Old) And A New Furnace (1 Year Old), Offering Peace Of Mind For Years To Come. The Property Has Been Exceptionally Cared For By The Seller And Is In Move-in-ready Condition. The Ground-floor Unit Features An Updated Kitchen With Stainless Steel Appliances And A Center Island, While The Upper Units Boast Charming Original Details, Including Bay Windows, Decorative Ceilings, And Separate Entrances. Enjoy A Gated Driveway, Low-maintenance Exterior, And Plenty Of Natural Light Throughout. Whether You're An Investor Looking To Add A Quality Asset To Your Portfolio Or An Owner-occupant Wanting To Live In One Unit And Offset Your Mortgage With Rental Income, This Property Offers Excellent Upside And Long-term Value In One Of Newark's Most Desirable Locations.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
16
Basement:
Yes - Finished
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding
Lot Size:
25X100
Lot Desc:
Level Lot
Parking
Garage Capacity:
No
Description:
n/a
Parking:
Off-Street Parking
Spaces Available:
2
Unit 1
Bedrooms:
3
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 3
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Eat-In Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CookGas
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat, Tenant Pays Water
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiators - Steam
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
All Underground
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$875,000
Tax Amount:
$6,179
Land Assessment:
$37,500
Build. Assessment:
$125,000
Total Assessment:
$162,500
Tax Rate:
3.80
Tax Year:
2024
Listing Information
MLS ID:
3971288
List Date:
06-24-2025
Days On Market:
1
Listing Broker:
BLUE FLAGS REALTY LLC
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MeadowsRoxbury.com
