Welcome to 718-720 Clifton Ave, a massive, completely renovated multi-family home offering the perfect blend of modern luxury and lucrative investment potential. Situated in Newark's highly desirable Forest Hill Area, this turn-key property is an incredible opportunity for both savvy investors looking for prime rental income and owner-occupants. Every inch of this large home has been meticulously updated. Step inside to find seamless, gleaming hardwood floors, modern kitchens fully equipped with premium granite countertops, stylish cabinetry, and brand-new finishes. First floor offers living room, dining room, kitchen, bathroom and three bedrooms. Second & third floor offer living room, dining room, two bedrooms, and extra room that could be used for office or extra bedroom, third floor offers three rooms could be used as bedrooms or extra living space. Finished basement completely renovated includes 2 extra bedrooms and finished living area for mix use. Adding to the convenience a dedicated laundry room is located in the basement. This property is just steps away from Branch Brook Park famous for its cherry blossoms, trails and recreation. Quick access to public transit, major highways, minutes from trains to NYC, local universities, shopping, and park recreation.
Active
$799,000
718 Clifton Ave, Newark City, NJ 07104
9beds
3,200sqft
Multi Family
Built in 1910
-- sqft lot
$800,200 Zestimate®
$250/sqft
$-- HOA
What's special
- 8 days
- 244
- 10
Zillow last checked:
Listing updated:
Listed by:
Maria Rivas 908-578-8266,
Exit Platinum Realty
Source: GSMLS,MLS#: 4049644
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 3
- Full bathrooms: 3
Heating
- 2 Units, Radiators - Hot Water, Natural Gas
Cooling
- Window Unit(s)
Features
- High Ceilings, Bedrooms, Dining Room, Kitchen, Living Room
- Flooring: Tile, Wood
- Windows: Blinds
- Basement: Yes,Finished
- Has fireplace: No
Interior area
- Total structure area: 3,200
- Total interior livable area: 3,200 sqft
Property
Parking
- Parking features: On Street, On-Street Parking
- Has uncovered spaces: Yes
Features
- Levels: 3-Three Story
- Stories: 3
Lot
- Size: 3,484 Square Feet
- Dimensions: 33.4 x 100
Details
- Parcel number: 1614007380000000140000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Roof: Asphalt Shingle
Condition
- Year built: 1910
- Major remodel year: 2024
Utilities & green energy
- Gas: Gas-Natural
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Connected
Community & HOA
Location
- Region: Newark
Financial & listing details
- Price per square foot: $250/sqft
- Tax assessed value: $196,200
- Annual tax amount: $7,846
- Date on market: 9/6/2026
- Total actual rent: 2300
- Tenant pays: Electricity, Gas, Tenant Pays Heat, Tenant Pays Electric, Tenant Pays Gas
Estimated market value
$800,200
$760,000 - $840,000
$2,080/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/6/2026 | Listed for sale | $799,000+232.9%$250/sqft |
Source:  GSMLS #4049644 Report a problem | ||
| 12/16/2011 | Sold | $240,000-12.7%$75/sqft |
Source: Public Record Report a problem | ||
| 4/23/2011 | Listing removed | $275,000$86/sqft |
Source: RE/MAX Professionals #2849853 Report a problem | ||
| 4/17/2011 | Listed for sale | $275,000$86/sqft |
Source: RE/MAX Professionals #2849853 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,846 +5.2% | $196,200 |
| 2024 | $7,461 +0.1% | $196,200 |
| 2023 | $7,456 | $196,200 |
| 2022 | $7,456 | $196,200 |
| 2021 | $7,456 +1% | $196,200 |
| 2020 | $7,379 +37.4% | $196,200 |
| 2019 | $5,369 | $196,200 |
| 2018 | $5,369 -20.5% | $196,200 |
| 2017 | $6,749 +4% | $196,200 |
| 2016 | $6,492 +6.7% | $196,200 |
| 2015 | $6,084 +5% | $196,200 |
| 2014 | $5,794 -0.7% | $196,200 +7.3% |
| 2012 | $5,837 +4.9% | $182,900 |
| 2011 | $5,566 +16.9% | $182,900 |
| 2010 | $4,760 +5.7% | $182,900 |
| 2009 | $4,504 +4.6% | $182,900 |
| 2008 | $4,304 | $182,900 |
| 2007 | $4,304 | $182,900 |
| 2006 | -- | $182,900 |
| 2005 | -- | $182,900 |
| 2004 | $3,701 | $182,900 |
| 2003 | -- | $182,900 +1152.7% |
| 2002 | -- | $14,600 |
| 2001 | -- | $14,600 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Forest Hill
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