47
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$3,970,000
Est. payment /mo
9,120 SqFt
Active
155 Clifton Ave Newark City, NJ 07104
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Key Details
Property Type Multi-Family, Condo
Listing Status Active
Purchase Type For Sale
Square Footage 9,120 sqft
Price per Sqft $435
MLS Listing ID 3953397
Annual Tax Amount $8,701
Tax Year 2024
Lot Size 4,791 Sqft
Property Description
A unique and rare investment opportunity awaits in the vibrant North Newark area! This prime location sits directly across from the stunning Cathedral Basilica of the Sacred Heart and is just steps from Branch Brook Park. With a two-minute drive to Route 280 and easy access to Newark Penn Station, this property offers unbeatable convenience. We proudly present this exceptional newly rebuilt, gut-renovated building, featuring 14 modern one-bedroom apartments. Each unit is thoughtfully designed with Open-concept layouts, Stainless steel appliances, Washer & dryer hookups, Ceiling mini-split heating & cooling systems.The impressive scale of the building includes 9'6" ceiling heights on its three main floors and 8' doors throughout, enhancing the sense of space and luxury. With high market demand, this is a great opportunity to start rents at competitive rates and maximize returns.Don't miss out on this exceptional chance to secure a financially promising venture in a sought-after area!
Location
State NJ
County Essex
Zoning R-3
Rooms
Basement Finished, Storage, Walkout
Interior
Heating Electric
Cooling Ductless Split AC, See Remarks
Flooring Vinyl-Linoleum
Equipment Appliances, Refrigeration Unit, See Remarks, Smoke Detector, Sprinkler System
Heat Source Electric
Exterior
Exterior Feature Composition Siding
Utilities Available All Underground
Roof Type Rubberized
Building
Story 4
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX HERITAGE PROPERTIES