NJ > Newark
Newark, NJ 07108,46 Clinton PL
Newark, NJ 07108,46 Clinton PL
Newark, NJ 07108,46 Clinton PL
Newark, NJ 07108,46 Clinton PL
Newark, NJ 07108,46 Clinton PL
Newark, NJ 07108,46 Clinton PL
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Joseph Matassa

Joseph Matassa

+1(732) 802-7100
$ 750,000
Est. payment | /mo

4,196 SqFt

Save
$ 750,000
Est. payment | /mo
Save

4,196 SqFt

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,196 sqft

Price per Sqft $178

MLS Listing ID 2506341R

Originating Board CJMLS API

Year Built 1920

Annual Tax Amount $7,963

Tax Year 2023

Lot Size 5,048 Sqft

Acres 0.1159

Lot Dimensions 115.00 x 0.00

Property Description

This spacious three-family property is a perfect opportunity for first-time buyers who want a smart investment with immediate income potential. Recently renovated throughout, it boasts two wood-burning fireplaces that add charm and appeal to two of the apartments. With essential upgrades like a new roof, modernized bathrooms, and an ADT alarm system, plus freshly painted rooms, the property is move-in ready and attractive to tenants. Its proximity to major transportation hubs, parks, Newark Airport, and New York City makes it ideal for commuters and renters. For first-time buyers, the rental income potential could significantly help offset mortgage costs, making homeownership more affordable. The strong rental market in the area, combined with the property's desirable amenities, sets the stage for long-term equity building and investment growth. This property is an excellent choice for those looking to combine personal residence with rental income to maximize financial stability.

Location

State NJ

County Essex

Rooms

Basement Finished, Recreation Room, Utility Room

Interior

Interior Features Unit 1(3 Bedrooms, 1 1/2 Baths), Unit 2(2 Bedrooms, 1 1/2 Baths), Unit 3(3 Bedrooms, 1 Bath)

Heating Radiators-Steam

Cooling A/C Wall Unit(s)

Appliance Water Heater(Gas), Water Heater

Heat Source Natural Gas

Exterior

Utilities Available Underground Utilities, Natural Gas Connected

Handicap Access Unit 1 Accessibility Features, Unit 2 Accessibility Features

Parking Type See Remarks

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1403040000000011

Ownership Fee Simple

Energy Description Natural Gas

Central Jersey MLS (CJMLS)
Listed by ALIGN RIGHT REALTY HOMEKEYS
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Joseph Matassa

Agent

+1(732) 802-7100

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46 Clinton PL