46 Clinton Place
Newark, NJ 07108
- – beds
- – baths
- 4,196 sqft
- 5,049 sqft lot
- $178 per sqft
- 1920 build
- – on site
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.
Last checked:
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Last updated Nov 14, 2024
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MLS# 2506341R —
The Building
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Year Built:1920
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Basement:Finished
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Stories:3
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Stories Total:3
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Building Area Total:4196
Interior
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Interior Features:Unit 1(3 Bedrooms,1 1/2 Baths), Unit 2(2 Bedrooms,1 1/2 Baths), Unit 3(3 Bedrooms,1 Bath)
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Accessibility Features:Unit 1 Accessibility Features
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Living Area:4196
Room Dimensions
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Living Area Units:Square Feet
Financial & Terms
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Ownership:Fee Simple
Location
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Latitude:40.7213139
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Longitude:-74.2101417
The Property
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Property Type:Residential Income
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Property Subtype:3 Family
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Parcel Number:1403040000000011
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Lot Features:Level
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Lot Size Area:0.1159
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Lot Size Acres:0.1159
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Lot Size SqFt:5049
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Lot Size Dimensions:115.00 x 0.00
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Year:2023
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Tax Annual Amount:7963
Heating & Cooling
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Heating:Radiators-Steam
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Heating:true
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Cooling:A/C Wall Unit(s)
Utilities
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Utilities:Underground Utilities
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Sewer:Public Sewer
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Water Source:Public
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# of Separate Gas Meters:2
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Gas:Natural Gas
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# of Separate Water Meters:1
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# of Separate Electric Meters:2
Appliances
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Appliances:Water Heater(Gas)
Parking
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Garage:false
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Carport:false
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Parking Features:See Remarks
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
11/13/24
Nov 13, 2024
|
Listed / Active | AJMLS | $750,000 | 188.5% (28.5% / YR) |
|
4/3/18
Apr 3, 2018
|
GSMLS | $260,000 | 2.0% | |
|
12/7/17
Dec 7, 2017
|
GSMLS | $255,000 | -14.7% |
