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!
155 Clifton Ave, Newark City NJ 07104-1047
Property City
Newark City
Property Price
$3,480,000
Year Built
9999
Tax Annual Amount
$9307
TaxYear (*text)
2024
Roof (*text)
Rubberized
Floors No
Vinyl-Linoleum
Lot Size Area
0.11
MLS Status
Active
MLS #
4014809
Yearly Tax Rate
3.803
Year Built (*numeric)
9999
Basement
Yes
Roofing (*text)
Rubberized
Days On Market
0
Basement (*text)
Yes
Cooling (*text)
Ductless Split AC, See Remarks
Heating
See Remarks
Lot Size Dimensions
47.6X100
Data import from
GSMLS