About 308 Clifton Avenue
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 cafes, 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!
Features of 308 Clifton Avenue
| MLS® # | 2606006R |
|---|---|
| Price | $900,000 |
| Square Footage | 2,767 |
| Acres | 0.06 |
| Year Built | 2023 |
| Type | Residential Income |
| Sub-Type | 3 Family |
| Status | Active |
Community Information
| Address | 308 Clifton Avenue |
|---|---|
| City | Newark |
| County | Essex |
| State | NJ |
| Zip Code | 07104 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected |
|---|---|
| Parking | See Remarks, 1-2 Car Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Unit 1(Dining Room,4 Bedrooms,Kitchen,Laundry Hookup,Living Room,2+ Baths), Unit 2(Dining Room,3 Bedrooms,Kitchen,Living Room,2+ Baths,Den/Family Room), Unit 3(Dining Room,3 Bedrooms,Kitchen,1 Bath,Living Room) |
|---|---|
| Appliances | Water Heater(Gas), Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven), Unit 3(Range/Oven) |
| Heating | Forced Air |
| Cooling | A/C Central - All, Unit 1(A/C Central), Unit 2(A/C Central), Unit 3(A/C Central) |
| Fireplace | No |
| # of Stories | 3 |
| Has Basement | Yes |
| Basement | Full, Finished, Bath Full, Other Room(s), Daylight, Exterior Entry, Recreation Room, Storage Space, Utility Room, Laundry Facilities |
Exterior
| Exterior Features | Patio, Yard |
|---|---|
| Lot Description | Interior Lot |
| Roof | Asphalt |
Additional Information
| Days on Market | 1 |
|---|
Listing Details
| Office | SIGNATURE REALTY NJ |
|---|