155 Clifton Avenue, Newark City, NJ

$3,770,000

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9,120

Square feet

0.11

Acres

About 155 Clifton Avenue

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!

Features of 155 Clifton Avenue

MLS® # 3953397
Price $3,770,000
Square Footage 9,120
Acres 0.11
Year Built 9999
Type Commercial
Status Active

Community Information

Address 155 Clifton Avenue
City Newark City
County Essex
State NJ
Zip Code 07104-1047

Amenities

Utilities All Underground
Parking None

Interior

Heating Electric
# of Stories 4
Has Basement Yes
Basement Finished, Storage, Walkout

Exterior

Exterior Composition Siding
Roof Rubberized

Additional Information

Date Listed March 27th, 2025
Days on Market 155
Zoning R-3

Listing Details

OfficeRE/MAX HERITAGE PROPERTIES

Listing Map

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