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$950,000

  • For Sale
  • Active
  • Multi-Family
  • 9 Total Beds
  • Updated 1 day ago
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BACK ON MARKET the buyer could not perform. CASH FLOW! Nestled in Newark's sought-after tranquil Forest Hill neighborhood, this 3-family home was fully renovated in 2023. Steps from Bloomfield Avenue, across from Kearny, and moments from the east entrance of scenic Branch Brook Park.Easy commute, buses 11, 28, 29, and 72, the Newark PATH, and Penn Station connect you directly to New York City in just 25 minutes. Diverse dining featuring top restaurants like Fornos of Spain, Casa d'Paco, and countless local caf s, bakeries, and markets.This property features three spacious units plus a full finished basement with endless potential. Enjoy a two-car driveway, a private backyard, and peace of mind in a flood-free zone. Recent upgrades include a new roof, new siding, and a modern furnace, providing comfort and low-maintenance living for years to come.Conveniently located near Technology High School, Robert Treat Academy, Rutgers University Newark, NJIT, and Essex County College, this address combines strong educational access with incredible lifestyle appeal. Close to Newark Liberty International Airport, major highways, and shopping districts.Whether you're an investor seeking reliable cash flow, an owner-occupant looking to offset your mortgage, or a first-time buyer ready to grow wealth through real estate, this turnkey, income-producing gem is your opportunity to live smart and prosper in a prime Newark location.Potential gross income: $108K

Full Property Details for 308 Clifton Ave

General

  • Price: $950,000
  • Taxes: $14,253 (2024)
  • Status: Active
  • Type: Multi-Family
  • Source: Garden_State
  • MLS ID: 3992850
  • Updated: 1/15/2026
  • Added to Site: 94 day(s) ago

Interior

  • Number of Rooms: 25
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, See Remarks, Smoke Detector

Rooms

Bathrooms

  • Total Bathrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 9

Exterior

  • Exterior Features: Patio, Workshop

Location

  • County: Essex
  • Driving Directions: From Bloomfield Ave, 2nd Ave, or 3rd Ave to Clifton Ave.

School Information

  • Elementary School: HERNANDEZ
  • Middle School: TECHNOLOGY
  • High School: TECHNOLOGY

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Forced Hot Air
  • Heating Fuel: Electric, Natural Gas
  • Water Heater: Electric, Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public Water
  • Utility Description: Electric, Natural Gas

Structural Information

  • Architectural Style: 3-Three Story, Under/Over
  • Exterior Const.: Stucco, Vinyl Siding
  • Basement: Yes
  • Basement Desc.: Finished, Full, Walk-Out
  • Roof: Asphalt Shingles, Composition Shingle
  • Year Built: 2023
  • Remodeled/Updated: 2023

Unit Information

Unit 1

  • Unit Description: Bedrooms, Kitchen, Laundry Room, Living/Dining Room, Rec Room, Utility Room
  • Square Feet: 1700
  • Levels/Stories: 1
  • Total Bathrooms: 2
  • Bedrooms: 3

Unit 2

  • Unit Description: Bedrooms, Den, Kitchen, Living/Dining Room, Pantry, Master Bedroom
  • Square Feet: 1200
  • Levels/Stories: 2
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 3

  • Unit Description: Attic, Bedrooms, Kitchen, Living/Dining Room, Pantry, Master Bedroom
  • Square Feet: 700
  • Levels/Stories: 3
  • Total Bathrooms: 1
  • Bedrooms: 3

Lot Features

  • Lot Size (Acres): 0.06
  • Lot Dimensions: 25 x 100
  • Driveway/Sidewalk: Driveway-Exclusive

Financial Considerations

  • Expenses: Cold Water, Insurance, Maintenance, Taxes
  • Operating Expenses: $19,000
  • Assessment Amount: $337,300
  • Land Assmt: $37,500
  • Tax Amount: $14,253
  • Tax Year: 2024

Disclosures and Reports

  • Exclusions: Personal belongings
  • Disclosures: Yes
  • Block: 535
  • Lot Number: 42

Listed by Signature Realty Nj

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Listing agent

— 308 Clifton Ave —

  • Signature Realty Nj

718-683-6092

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 308 Clifton Ave

School District:Newark City School District
NameGradesDistance
Roberto Clemente Elementary School
257 Summer Avenue, Newark, NJ 07104
K-40.2 mi
Franklin Elementary School, Newark, NJ
42 Park Avenue, Newark, NJ 07104
PK-40.4 mi
Rafael Hernandez Elementary School
345 Broadway, Newark, NJ 07104
PK-40.5 mi
Dr. William H. Horton Elementary School
291 North 7th Street, Newark, NJ 07107
5-80.6 mi
First Avenue Elementary School
214 1st Avenue, Newark, NJ 07107
5-80.6 mi
McKinley Elementary School, Newark, NJ
1 Colonnade Place, Newark, NJ 07104
K-40.8 mi
Dr. E. Alma Flagg Elementary School
150 Third St, Newark, NJ 07104
K-40.8 mi
Luis Munoz Marin Ele
663 Broadway, Newark, NJ 07104
PK-41.1 mi
Elliott Street Elementary School
721 Summer Avenue, Newark, NJ 07104
K-41.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 308 Clifton Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Price Increased
$950,000
5.56%
MLS
10/24/2025
Listed
$900,000
11.8%
MLS
11/06/2023
Sold
$805,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 308 Clifton Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$14,254
112%
$374,800
108%
2022
$6,736
—
$180,300
—
2021
$6,732
33%
$180,300
—
2021
$5,075
-25%
$180,300
—
2019
$6,781
2%
$180,300
—
2018
$6,658
4%
$180,300
—
2017
$6,419
3%
$180,300
—
2016
$6,202
4%
$180,300
—
2015
$5,966
12%
$180,300
—
2013
$5,324
—
$180,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Signature Realty Nj

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Listed and Sold by A & E CURTINEZ REALTY LLC

308 Clifton Ave, Newark, NJ 07104 (MLS# 3992850) is a Multi-Family property with 3 units containing 9 bedrooms, 6 full bathrooms and 1 partial bathroom. 308 Clifton Ave is currently listed for $950,000 and was received on October 15, 2025. Want to learn more about 308 Clifton Ave? Do you have questions about finding other Multi-Family real estate for sale in Newark? You can browse all Newark real estate or contact a Coldwell Banker agent to request more information.

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