Property

Newark City, NJ 07104 308 Clifton Ave

308 Clifton Ave Newark City, NJ - Image 1308 Clifton Ave Newark City, NJ - Image 2308 Clifton Ave Newark City, NJ - Image 3
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Presented By: SIGNATURE REALTY NJ; 718-683-6092
  • MLS# 3992850
  • 10/15/2025
  • Request Tour
  • Request Info
  • Beds • 9
  • Full/Half Baths • 6 / 1

Home Details

HIGHEST & BEST DAY FOR OFFERS MONDAY 12/1/25 6PM. CASH FLOW! 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 caf s, 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: $108K
Presented By: SIGNATURE REALTY NJ; 718-683-6092

Interior Features for 308 Clifton Ave

Bedrooms

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

Bathrooms

Half Baths1
Unit 1 Baths Total2.0
Unit 2 Baths Total3.0
Unit 3 Baths Total1.0

Other Interior Features

Unit 1 Sq Ft1700
Unit 2 Sq Ft1200
Unit 3 Sq Ft700
Unit 1 Levels1
Unit 2 Levels2
Unit 3 Levels3
UnitType1TotalRent0
UnitType2TotalRent2350
UnitType3TotalRent2070
Unit 3 Fireplaces0
Unit 3 Handicap ModifiedNo
Unit 2 Handicap ModifiedNo
Unit 2 Fireplaces
Unit 1 Fireplaces
Unit 1 Handicap ModifiedNo
Unit 1 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 2 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
Unit 3 Appl/EquipCarbon Monoxide Detector, Range/Oven - Gas, Smoke Detector
BasementFinished, Full, Walkout
Fuel TypeElectric, Gas-Natural
Interior AmenitiesCarbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector

Other Rooms

Unit 2 Rooms9
Unit 1 Rooms12
Unit 3 Rooms6
Unit 3 Room DescriptionAttic, Bedrooms, Kitchen, Living/Dining Room, Pantry, Master Bedroom
Unit 1 Room DescriptionBedrooms, Kitchen, Laundry Room, Living/Dining Room, Rec Room, Utility Room
Unit 2 Room DescriptionBedrooms, Den, Kitchen, Living/Dining Room, Pantry, Master Bedroom

General for 308 Clifton Ave

Architectural Style3-Three Story, Under/Over
CoolingCentral Air
CountyEssex
DirectionsFrom Bloomfield Ave, 2nd Ave, or 3rd Ave to Clifton Ave.
DriveDriveway-Exclusive
EasementNo
Elementary SchoolHERNANDEZ
ExclusionsPersonal belongings
Farm AssessmentNo
Full Baths6
Gross Income103440
HeatingForced Hot Air
High SchoolTECHNOLOGY
Home Warranty Y/NNo
Middle/Junior High SchoolTECHNOLOGY
Net Operating Income70000
Number Of Units Total3
Open Parking Spaces2
Operating Expense19000
PossessionAt closing
RoofAsphalt Shingle, Composition Shingle
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount14253
Tax Assessed Value374800
Tax Lot42
Tax Year2024
Total Rooms25
Town #1614
TownshipNewark City
UtilitiesElectric, Gas-Natural
Water HeaterElectric, Gas
Year Built1901

Exterior for 308 Clifton Ave

Exterior AmenitiesPatio, Workshop
Exterior DescriptionStucco, Vinyl Siding
Lot Dimensions25X100
Lot Size Acres0.06
Water SourcePublic Water

Additional Details

Price History

Schools

High School Technology High School
Middle School Technology Middle School
Elementary School Hernandez Elementary School

Tina Torres

Broker/Owner
Price $950,000
MLS#3992850
List Date 10/15/2025
Property Type Multi-Family
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