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155 Clifton Ave

Newark City, NJ 07104
  • $3,770,000
  • STATUS: Active
  • ON SITE: 231 Days
  • ID#: 3953397
UPDATED: 67 min ago
$3,770,000
  • 0
    BEDS
  • 0.11
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,120
    SQFT
  • $413
    $/SQFT
Type:
Commercial
County:
Area:

School Ratings & Info

Description

A 5-YEAR TAX ABATEMENT. 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!

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Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-14T20:48:49.9.
www.rowackrealestateteam.com/homes/161966554
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155 Clifton Ave Newark City, NJ 07104

  • Price: $3,770,000
  • Status: Active
  • On Site: 231 Days
  • Updated: 67 min ago
  • ID#: 3953397
0
Beds
0
Baths
0
½ Baths
0.11
Acres
9,120
SQFT
$413
$/SQFT
County:
Essex
Area:
Newark City
Property Description
A 5-YEAR TAX ABATEMENT. 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!
Exterior Features

Approximate Lot Size 47.6X100 Construction Wood Exterior Description Composition Siding Location See Remarks Number Of Bays 0 Number Of Docks 0 Parking Driveway Description None Roof Description Rubberized

Interior Features

Basement Yes Basement Description FinishedStorageWalkout Cooling Ductless Split ACSee Remarks Equipment Available AppliancesRefrigeration UnitSee RemarksSmoke DetectorSprinkler System Floors Vinyl-Linoleum Heating See Remarks Max Ceiling Height 0 Max Door Height 0 Number Of Lavatories 14 Office Sq Ft 0

Property Features

Expenses Include See Remarks For Sale Or Lease For Sale Fuel Type Electric Primary Property Type Apartment Complex Property Type Apartment Complex Sale Includes Building Only Sewer Public Sewer Suite Number 1 Tax Amount 9307 Tax Rate Amount 3.803 Tax Rate Year 2025 Tax Year 2024 Utilities All Underground Utilities Paid By Tenant Water Public Water Year Built Description RenovatedUnknown Zoning R-3

Listing information © 2025 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of Re/Max Heritage Properties: 908-879-4700.


Garden State MLS logo © 2025 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or eXp Realty LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than eXp Realty LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-11-14T20:48:49.9.
 
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eXp Realty LLC
28 Valley Rd Suite #1
Montclair NJ, 07042