308 Clifton Ave Newark, NJ 07104
Forest Hill NeighborhoodEstimated payment $6,186/month
About This Home
HIGHEST & BEST DAY FOR OFFERS MONDAY 12/1/25. 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 cafes, 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: $108,000! Call today!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,253
Home Design
Bedrooms and Bathrooms
- 9 Bedrooms
Additional Features
- Laundry in Basement
- 2,500 Sq Ft Lot
Listing and Financial Details
- Legal Lot and Block 42 / 535
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,722 | $374,800 | $37,500 | $337,300 |
| 2024 | $6,722 | $374,800 | $37,500 | $337,300 |
| 2023 | $6,736 | $180,300 | $37,500 | $142,800 |
| 2022 | $6,736 | $180,300 | $37,500 | $142,800 |
| 2021 | $6,732 | $180,300 | $37,500 | $142,800 |
| 2020 | $6,851 | $180,300 | $37,500 | $142,800 |
| 2019 | $6,781 | $180,300 | $37,500 | $142,800 |
| 2018 | $6,658 | $180,300 | $37,500 | $142,800 |
| 2017 | $6,419 | $180,300 | $37,500 | $142,800 |
| 2016 | $6,202 | $180,300 | $37,500 | $142,800 |
| 2015 | $5,966 | $180,300 | $37,500 | $142,800 |
| 2014 | $5,591 | $180,300 | $37,500 | $142,800 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/26/2025 11/26/25 | Price Changed | $950,000 | +5.6% | -- | |
| 10/16/2025 10/16/25 | For Sale | $900,000 | +11.8% | -- | |
| 11/23/2023 11/23/23 | Sold | $805,000 | -3.0% | -- | View Prior Sale |
| 09/25/2023 09/25/23 | Pending | -- | -- | -- | |
| 09/25/2023 09/25/23 | Price Changed | $830,000 | +10.7% | -- | |
| 09/06/2023 09/06/23 | For Sale | $749,999 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $805,000 | None Listed On Document | |
| Deed | -- | Chicago Title Insurance Co | |
| Interfamily Deed Transfer | -- | Ats Title Agency Inc | |
| Deed | $189,000 | -- | |
| Deed | $155,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $600,000 | New Conventional | |
| Previous Owner | $348,292 | FHA | |
| Previous Owner | $151,000 | No Value Available |
Source: New Jersey MLS
MLS Number: 25037025
APN: 14-00535-0000-00042
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than Ten-X are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
All information deemed reliable but not guaranteed. Source: New Jersey Multiple Listing, Inc.
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