155 Clifton Ave
Newark City, NJ 07104
$3,480,000
Sq. Ft.:
9,120
Type:
Commercial
Listing #4014809
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!
Property Features
County:
Essex
Latitude:
40.75511
Longitude:
-74.17778
Property Location:
See Remarks
Directions:
PARK AVE TO CLIFTON, AVE, ACROSS FROM SACRED HEART CATHEDRAL
Heating:
See Remarks
Heating Fuel:
Electric
Cooling:
Ductless Split AC, See Remarks
Floors:
Vinyl-Linoleum
Basement Description:
Finished, Storage, Walkout
Has Basement:
Yes
Total Number of Units:
14
Stories:
4
Construction:
Wood
Siding:
Composition Siding
Roof:
Rubberized
Water:
Public Water
Utilities:
All Underground
Parking Description:
None
Loading Docks:
0
Lot Size in Acres:
0.11
Zoning:
R-3
Building Total Area (Sq. Ft.):
9,120
Property Type:
COM
Property SubType:
Apartment Complex
Year Built:
9999
Status:
Active
Tax Amt / Rate / Rate Yr / Yr:
9307 / 3.803 / 2025 / 2024
Equipment Available:
Appliances, Refrigeration Unit, See Remarks, Smoke Detector, Sprinkler System
Documents Available:
Building Plans, Financial Statement
Days On Market:
233
$ per month
Year Fixed. % Interest Rate.
| Principal + Interest: | $ |
| Monthly Tax: | $ |
| Monthly Insurance: | $ |
Seller's Representative:
RE/MAX HERITAGE PROPERTIES
RE/MAX HERITAGE PROPERTIES
© 2026 Garden State MLS - Broker. All rights reserved.
The data displayed relating to real estate for sale comes in part from the IDX Program of Garden State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as IDX Listing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
Information deemed reliable but not guaranteed. Copyright © 2026 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Notice: The dissemination of listings displayed herein does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
This information is being provided for Consumers? personal, non-commercial use and may not be used for any purpose other than to identify prospective properties Consumers may be interested in purchasing.
GSMLS (Broker IDX) data last updated at November 4, 2026, 12:47 AM ET
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