303 Clifton Ave
Newark City, NJ 07104
Price: $700,000
GSMLS: 4012586Type: Multi-Family
Style: 3-Three Story
Total Units: 3
Beds: 6
Baths: 6 Full & 1 Half
Garage: 5-Car
Year Built: 1907
Acres: 0.13
Property Tax: $8,357
Description
Exceptional opportunity to own a rare multi-family property situated on two separate lots in a prime Newark location. This spacious 3-family home offers a total of 6 bedrooms and 5 bathrooms, plus a full finished walk-out basement with incredible flexibility for future upgrades and added value. Perfect for Investors seeking strong rental upside, Contractors looking to build equity or Owner-occupants who want to live in one unit and rent the others With strategic updates, this property has significant income potential and long-term appreciation upside. A major bonus feature includes 5 detached garages plus 5 additional parking spaces a rare and highly desirable amenity in Newark that adds immediate rental value. The finished walk-out basement offers flexibility for additional living space, storage, or future reconfiguration to maximize returns. Conveniently located near: Tops Diner New Jersey Devils home arena at Prudential Center Newark Penn Station for NJ Transit & PATH access to NYC Major highways including Interstate 280, Garden State Parkway, and Route 21 Minutes from Downtown Newark shopping, dining, and business district Easy access to transportation makes this an attractive rental location for commuters traveling to NYC and surrounding North Jersey areas.
General Info
Style:
3-Three Story
SqFt Building:
n/a
Total Rooms:
17
Basement:
Yes - Finished-Partially, Full, Walkout
Interior:
n/a
Roof:
Asphalt Shingle
Exterior:
Aluminum Siding, Brick
Lot Size:
50 X 113
Lot Desc:
n/a
Parking
Garage Capacity:
5-Car
Description:
Detached Garage
Parking:
Driveway-Exclusive
Spaces Available:
5
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
6
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
CarbMDet,CeilFan,CookGas,FireAlrm,KitExhFn,Microwav,RgOvGas,Refrig
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
2
Bathrooms:
2
Total Rooms:
7
Room Description:
Bedrooms, Dining Room, Eat-In Kitchen, Living Room, Porch
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Gas, Owner Pays Heat
Handicap:
No
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
Radiant - Hot Water
Heating Fuel:
Gas-Natural
Cooling:
3 Units
Water Heater:
Gas
Water:
Public Water
Sewer:
Public Available
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
n/a
Middle:
n/a
High School:
n/a
Community Information
County:
Essex
Town:
Newark City
Neighborhood:
n/a
Financial Considerations
List Price:
$700,000
Tax Amount:
$8,357
Land Assessment:
$45,900
Build. Assessment:
$163,100
Total Assessment:
$209,000
Tax Rate:
4.00
Tax Year:
2025
Listing Information
MLS ID:
4012586
List Date:
03-03-2026
Days On Market:
0
Listing Broker:
MENDEZ GRP LLC
Listing Agent:
Destiny Gonzalez
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MountainClubNJ.com
