$900,000

308 Clifton Ave, Newark City, NJ 07104

10 beds |
6 baths

Multi-Family Home
Built in 2023
2,614sqft lot
—— car garage
$——/sqft
Listed 17 days ago

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 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: $108,000! Call today!

Listing Status:: Active
Date Added:: October 24, 2025 at 12:00AM
Listing Office:: SIGNATURE REALTY NJ : 973-921-1111
MLS ID:: 3992850

General: Carbon Monoxide DetectorFire ExtinguisherSee RemarksSmoke Detector
Basement: FinishedFullWalkout
A/C: Central Air
Heating: Forced Hot AirElectricGas-Natural

General: StuccoVinyl SidingPatioWorkshop
Parking: Parking spaces: 2

Roofing: Asphalt ShingleComposition Shingle

County: Essex

Driveway: Driveway-Exclusive
Zoning: 1614-00535-0000-00042-0000-

Utilities: ElectricGas-Natural
Water: Public Water
Sewer: Public Sewer

Exclusions: Personal belongings

This listing courtesy of SIGNATURE REALTY NJ

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.45 miles away

Rafael Hernandez Elementary School

345 Broadway, Newark, NJ, 07104

Grades PK-8

0.45 miles away

Technology High School

223 Broadway, Newark, NJ, 07104

Grades 9-12

0.39 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.