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Renovated Multifamily Property
New
For Sale
$799,000
Pending

718 Clifton Ave, Newark, NJ 07104

Renovated three-level layout includes multiple living areas, kitchens, bedrooms, and a finished basement.

Property SizeContact for details
Days on Market4

Property Features for 718 Clifton Ave

General Information

Standard status Pending
Property subtype Multi Family

Site & Location

Highway Access Yes
Public Transit Yes

Taxes and HOA fees

Annual Taxes $7,846

Amenities

laundry room

Building Details

Year Built 1910
Units 2
Listing Agency: Exit Platinum Realty
Listed By: MARIA RIVAS · License #1650507
Source: Elliman
Added: Sep 1 Last Checked: Sep 2 at 7:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Exit Platinum Realty

Investment Insights

Based on property information with market context.

Located at 718 Clifton Ave in Newark, this multifamily property combines renovated interiors with a flexible three-level layout. Hardwood floors run through the living spaces, while updated kitchens feature granite countertops, contemporary cabinetry, and new finishes. The first floor includes a living room, dining room, kitchen, bathroom, and three bedrooms.

The second and third floors each provide living and dining areas, two bedrooms, and an additional room that can serve as office or bedroom space. A renovated finished basement adds two bedrooms, a living area, and a dedicated laundry room. The property is near Branch Brook Park, with access to trails, recreation, public transit, major highways, trains to NYC, universities, and shopping. WalkScore is 78, described as Very Walkable; TransitScore is 60, or Good Transit; BikeScore is 53, or Bikeable.

Key Highlights

  • Renovated multifamily property at 718 Clifton Ave, Newark, NJ 07104‑3102
  • Three‑level layout with multiple living and dining areas
  • First floor includes three bedrooms, kitchen, bathroom, living room, and dining room

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage (Bike/Boat/Book/etc) Store Locksmith Tattoo & Piercing Shop

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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,368
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
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Frequently Asked Questions

What type of property is this?
Multifamily property - Renovated three-level layout includes multiple living areas, kitchens, bedrooms, and a finished basement.
Where is this multifamily property located?
The property is located at 718 Clifton Ave Newark, NJ.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Renovated multifamily property at 718 Clifton Ave, Newark, NJ 07104‑3102; Three‑level layout with multiple living and dining areas; First floor includes three bedrooms, kitchen, bathroom, living room, and dining room
More about this property
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