$799,000
PRE-FORECLOSURE The borrower is in default on their loan obligation and/or the bank or lender has initiated foreclosure proceedings. This property is occupied, do not disturb the occupants. Trespassing is a criminal offense.

Estimated payment $5,597/month

12 Beds
5 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Enclosed Patio or Porch
  • Central Air
  • Fenced
  • 2 Car Attached Garage
  • Private Driveway

About This Home

Exceptional investment opportunity in Newark! This newer-built, massive 3-family home at 787-789 Clinton Ave is a rare find, featuring a total of 12 bedrooms and 5 full bathrooms. Perfect for investors or owner-occupants, the property will be delivered entirely vacant at sale. Each expansive unit offers a thoughtful top-bottom layout with separate utilities (electric, gas, and heat) for maximum efficiency. Modern comforts include central air for both heating and cooling throughout. The exterior boasts great curb appeal with a welcoming front porch, two private balconies, and a paved yard. Parking is a premium feature here, offering a 2-car attached garage plus a large driveway accommodating 4+ additional vehicles. Ideally located near local shops, schools, parks, and major transportation for an easy commute. High-income potential in a growing market.

Listing Agent

Andres Ospina

REAL Brokerage Phone: 201-333-4676 Listed on: 02/16/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,372

Year Built

  • Built in 2008

Lot Details

  • 7,405 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Attached Garage
  • Private Driveway

Home Design

  • Stone Siding
  • Vinyl Siding

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Standard Electricity

Listing and Financial Details

  • Assessor Parcel Number 1614-03012-0000-00053-0000-

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,372

Year Built

Built in 2008

Lot Details

0

Parking

2

Listing Details

  • Unit Style: 3-Three Story
  • Year Built: 2008
  • Year Built Description: Approximate
  • County Name: Essex
  • Directions: Clinton Ave cor S 17th St
  • I D: 5411599
  • Attribution Contact: 201-333-4676
  • MLS Status: Active
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 12
  • Total Bathrooms: 5
  • Total Full Bathrooms: 5

Exterior Features

  • Exterior Description: Stone, Vinyl Siding
  • Exterior Features: Enclosed Porch(es), Metal Fence
  • Roof Description: Asphalt Shingle

Garage/Parking

  • Garage Description: Attached Garage
  • Number Garage Spaces: 2
  • Number Parking Spaces: 4
  • Parking Driveway Description: Driveway-Exclusive

Utilities

  • Cooling: Central Air
  • Sewer: Public Sewer
  • Utilities: Electric, Gas In Street
  • Water: Public Water

Lot Info

  • Lot Size: 50X151.4 AVG.
  • Easement: Unknown
  • Lot I D Tax: *
  • Lot Size Tax: *
  • Total Acres: 0.17

Tax Info

  • Tax Acres: *
  • Assessed Improvement Value: *
  • Assessed Land Value: *
  • Total Tax Assessed: *
  • Streetname Tax: *
  • Street Number Tax: *
  • Tax Amount: 17372
  • Tax Amount Tax: *
  • Assessor Parcel Number: 1614-03012-0000-00053-0000-
  • Tax Rate Amount: 3.803
  • Tax Rate Tax: *
  • Tax Year Tax: *
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $17,030 $456,800 $18,700 $438,100
2024 $17,030 $456,800 $18,700 $438,100
2022 $17,066 $456,800 $18,700 $438,100
2021 $7,293 $195,300 $18,700 $176,600
2020 $7,421 $195,300 $18,700 $176,600
2019 $15,134 $402,400 $18,100 $384,300
2018 $14,861 $402,400 $18,100 $384,300
2017 $14,325 $402,400 $18,100 $384,300
2016 $13,843 $402,400 $18,100 $384,300
2015 $13,315 $402,400 $18,100 $384,300
2014 $12,478 $402,400 $18,100 $384,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2026 02/16/26 For Sale $799,000 -- --
Source: Garden State MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $625,000 None Listed On Document
Warranty Deed $243,000 --
Deed $639,000 Stewart Title Guaranty Co
Deed $85,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $478,125 New Conventional
Previous Owner $607,050 Unknown
Source: Public Records

Source: Garden State MLS

MLS Number: 4009934

Garden State MLS

APN: 14-03012-0000-00053

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