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Three-Family Home with Finished Basement
For Sale
$785,000

324 Clifton Ave, Newark, NJ 07104

MULTI_FAMILY - Newark City, NJ

Property SizeContact for details
Lot Size0.06 Acres
Days on Market95

Property Features for 324 Clifton Ave

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 7
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 6, Basement, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bedroom 7, Bathroom 3, Bedroom 4
Parking 1
Patio and Porch features Patio, Porch
Interior features Smoke Detector, Tile Floors
Exterior features Open Porch(es), Patio
Directions Bloomfield Ave to Clifton
Standard status Active
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 7258

Utilities

Sewer type Public Sewer
Heating system Steam, Other (Heating)
Water source Public

Building Details

Year built 1907
Floors in Building 3
Number of units 3
Roof type Shingle
Architectural style Other
Listing Agency: ELITE REALTORS OF NEW JERSEY
Listed By: MAATIE ALCINDOR
Added: May 9 Changed: Aug 1 Last Checked: Aug 11 at 8:06AM
MLS# 4026435

Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-family home offers a bonus finished basement plus open porch(es) and patio spaces for outdoor use. Interior features include smoke detectors and tile floors. Heating is provided by steam, along with other heating. The home sits on a 0.06-acre lot and was built in 1907 with a shingle roof. Water and sewer services are public, and the sewer connection is to a public sewer.

The first and second floors and the basement are currently vacant, with the third-floor unit currently occupied. There is rear outdoor space and parking for one car, supporting both owner-occupant and income-oriented use. The property is located in Newark City, near Bloomfield Ave, with a quick drive or bus ride to downtown Newark and routes 280 and 21, plus a short walk to Branch Brook Park, grocery stores, and restaurants.

A 24-hour notice is required for showing appointments.

Key Highlights

  • Bonus finished basement in this three‑family home
  • First and second floors and basement are currently vacant; third‑floor unit is occupied
  • Rear outdoor space plus parking for one car

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,213
Businesses Nearby

Demographics for 07104, NJ

54,051
Population
21,762
Households
2.5
Avg Household Size
35
Median Age
21%
College-Educated
71%
High-School Grad
2.5 sq mi
ZIP Area
21,620
Density / Sq Mi
$51,199
Median Household Income
$36,139
Median Earnings
$1,343
Median Rent
$337,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-family home with a bonus finished basement, rear outdoor space, and one-car parking; portions are currently vacant.
Where is this triplex located?
The property is located at 324 Clifton Ave Newark, NJ.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Bonus finished basement in this three‑family home; First and second floors and basement are currently vacant; third‑floor unit is occupied; Rear outdoor space plus parking for one car
More about this property
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