9,120 sqft

$3,480,000

155 Clifton Ave, Newark City NJ, 07104

Price per sqft$381.58

Property size9,120 sqft

Property typeCommercial

Overview

Active

Listed Mar 16, 2026

Updated Jun 2

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!

Other Property Details

Taxes: $9,307
Tax Frequency: Annually

Courtesy of RE/MAX HERITAGE PROPERTIES with DULCE RUIVO,
Listing Contact: 9088794700

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