Property

Newark City, NJ 07112 302 Clinton Pl

302 Clinton Pl Newark City, NJ - Image 1302 Clinton Pl Newark City, NJ - Image 2302 Clinton Pl Newark City, NJ - Image 3
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Presented By: WEICHERT REALTORS; 347-819-1834
  • MLS# 3900227
  • 05/03/2024
  • Request Tour
  • Request Info
  • Beds • 9
  • Baths • 3

Home Details

Back on Market June 14 , 2024 Buyer couldn't perform dont miss your opportunity.-SOLD AS IS CONDITION- Welcome to your next investment opportunity in Newark, NJ! This centrally located 4 Unit Residential Property offers convenience and potential. Situated within easy reach of local highways, grocery stores, laundromats, and even the airport, it promises unparalleled accessibility. Plus, with just a 30-minute commute to NYC, it's a prime spot for commuters seeking urban convenience with suburban tranquility. Each unit offers month-to-month leases, providing flexibility for future plans. While the property isn't owner-occupied, it's fully occupied, reflecting its desirability among tenants. Rest assured, it's been meticulously maintained, ensuring a seamless transition for the new owner. What truly sets this property apart is its location within an Opportunity Zone. This presents a unique chance to capitalize on tax incentives and potentially earn instant equity. Whether you're an experienced investor or diving into real estate for the first time, this opportunity zone status offers a lucrative edge. Don't miss out on the chance to add this gem to your investment portfolio. Explore the possibilities and secure your foothold in Newark's thriving real estate market today!
Presented By: WEICHERT REALTORS; 347-819-1834

Interior Features for 302 Clinton Pl

Bedrooms

Total Bedrooms9
Unit 1 Beds Total2
Unit 2 Beds Total2
Unit 3 Beds Total2
Unit 4 Beds Total3

Bathrooms

Full Baths3
Half Baths0
Unit 1 Baths Total1.0
Unit 2 Baths Total1.0
Unit 3 Baths Total1.0
Unit 4 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1300
Unit 2 Sq Ft1300
Unit 3 Sq Ft1300
Unit 4 Sq Ft1400
Unit 1 Levels1
Unit 2 Levels1
Unit 3 Levels2
Unit 4 Levels2
UnitType1TotalRent1300
UnitType2TotalRent1300
UnitType3TotalRent1300
Unit 4 Fireplaces0
Unit 4 Appl/EquipCarbMDet, CookGas, RgOvElec, SeeRem
Unit 3 Fireplaces
Unit 3 Handicap ModifiedNo
Unit 4 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbMDet, CookGas, RgOvGas, SeeRem
Unit 2 Appl/EquipCarbMDet, CookGas, RgOvElec, SeeRem
Unit 3 Appl/EquipCarbMDet, CookGas, RgOvElec, SeeRem
BasementFinished-Partially
Fuel TypeElectric

Other Rooms

Unit 4 Rooms5
Unit 2 Rooms5
Unit 1 Rooms5
Unit 3 Rooms5
Unit 3 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room
Unit 1 Room DescriptionBedrooms, Kitchen, Living/Dining Room, Master Bedroom, See Remarks
Unit 2 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room
Unit 4 Room DescriptionBedrooms, Dining Room, Eat-In Kitchen, Family Room, Kitchen, Living/Dining Room

General for 302 Clinton Pl

Architectural StyleSee Remarks
CoolingWall A/C Unit(s)
CountyEssex
Days on Market53
DirectionsPlease use a GPS
Drive1 Car Width
EasementNo
Gross Income5300
Heating4+ Units, Forced Hot Air
Net Operating Income5300
NumberOfUnitsTotal4
Open Parking Spaces7
Operating Expense99999999
PossessionAT CLOSING
RoofAsphalt Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount13480
Tax Assessed Value361600
Tax Lot12
Tax Year2023
Total Rooms10
Town #1614
TownshipNewark City
Year Built1926

Exterior for 302 Clinton Pl

Exterior DescriptionAluminum Siding
Lot Dimensions59.9X114 AVG.
Lot Size Acres0.16

Additional Details

Price History

Chris Correira

Loan Officer
Price $750,000
MLS#3900227
List Date 05/03/2024
Property Type Multi-Family
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