155 Clifton Ave #1Newark City, NJ 07104

Commercial · 9,120 Sq. ft. | 0.11 Acres
$3,480,000 Active

155 Clifton Ave #1 Overview

Time on Site:
105 days
Visits:
0

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!

Listing provided courtesy of RE/MAX HERITAGE PROPERTIES- MLS# 4014809MLS ProviderContact Information: 908-879-4700
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155 Clifton Ave #1 Facts & Features

  • Type Commercial
  • Sq. ft. 9,120
  • Price/Sq.ft. $382
  • Lot 0.11 Acres

Details

General

Income/Expenses

  • Expenses Include: See Remarks

Listing Information

  • For Sale Or Lease: For Sale

Building Information

  • Num Apts: 14
  • Renovated Year: 2025
  • Year Built: 9999

Location/Region

  • County Or Parish: Essex
  • Location: See Remarks

Building Exterior/Construction

  • Construction Date/Year Built Des: Renovated, Unknown

Tax Information

  • City Tax: *
  • County Tax: *
  • Tax Annual Amount: $9,307.00
  • Tax Assessed Value: *
  • Tax Rate Amount: 3.803
  • Tax Rate Year: 2025
  • Tax Year: 2024
  • Tax Year Tax: *

General Information

  • Inclusions: Building Only
  • Property Sub Type: Apartment Complex
  • Property Type: Commercial
  • Zoning: R-3

Interior

Building Information

  • Available Sq Ft: 9120
  • Equipment Available: Appliances, Refrigeration Unit, See Remarks, Smoke Detector, Sprinkler System
  • Max Ceiling Height: 0
  • Max Door Height: 0
  • Num 1 Bdrm Units: 14
  • Num 2 Bdrm Units: 0
  • Num 3 Bdrm Units: 0
  • Num 4 Bed Units: 0
  • Num Units w/Full Bath: 14
  • Num Units w/Half Bath: 0
  • Office Sq Ft: 0

Beds/Baths

  • Bathrooms Total: 14

Building Interior

  • Building Area Total: 9120

General Information

  • Cooling: Ductless Split AC, See Remarks
  • Flooring: Vinyl-Linoleum
  • Heating: See Remarks
  • Stories: 4

Unit Information

  • Unit Number: 1

Exterior

Building Information

  • Number of Bays: 0
  • Number of Docks: 0

Parking Information

  • Parking Features: None

Lot Information

  • Approximate Lot Size: 47.6X100
  • Lot Size Acres: 0.11
  • Water Source: Public Water

Building Exterior/Construction

  • Construction Materials: Wood
  • Exterior Description: Composition Siding
  • Roof: Rubberized

General Information

  • Number Of Units Total: 14
  • Sewer: Public Sewer
  • Utilities: All Underground

155 Clifton Ave #1 Neighborhood

Community

07104 (Newark City) Demographics

34
Median Age
19,278
Population Density (per sq. mile)
24%
College Educated
$40,957
Estimated Median Income
4,673
Estimated Total Home Owners
13,756
Estimated Total Renters
25% / 75%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

155 Clifton Ave #1 Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

155 Clifton Ave #1 Market Data

Based on the last 30 days in this zip code

$559,546
Average List Price
$2,590
Average Price per Square Foot
3
Properties Sold
100
Average Days on Market
34
Properties for Sale
Calculations provided by Reliance Network

155 Clifton Ave #1 History

Date Event Value Agent
3/16/2026Source: Garden State MLS Added to Database
March 16, 2026