128 Highland Ave, Clifton City, NJ 07011
128 Highland Ave, Clifton City, NJ 07011
128 Highland Ave, Clifton City, NJ 07011
128 Highland Ave, Clifton City, NJ 07011
128 Highland Ave, Clifton City, NJ 07011
128 Highland Ave, Clifton City, NJ 07011
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$ 1,300,000
Est. payment | /mo

9,274 SqFt


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$ 1,300,000
Est. payment | /mo
Save

9,274 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 9,274 sqft

Price per Sqft $140

MLS Listing ID 4041108

Year Built 1973

Annual Tax Amount $17,596

Tax Year 2025

Lot Size 9,147 Sqft

Property Description

Exceptional investment opportunity to own a fully occupied 6-unit apartment building with a basement in one of Clifton's most desirable neighborhoods. This solid two-story brick building features six 1-bedroom, 1-bath apartments, all currently rented with leases in place, providing immediate and steady rental income.The property also includes 16 parking spaces, offering an additional source of income. There is an excellent upside potential for future investors by installing a coin-operated laundry facility in the basement or leasing basement storage-bins to tenants, while also increasing revenue through tenant parking fees. Recent improvements include a new roof and a newer water heater, minimizing near-term capital expenses. Conveniently located near schools, shopping, public transportation, and major highways, this property is well- positioned in a high-demand rental market. ROI information is available upon request. Proof of funds or mortgage pre-approval is required before showings can be scheduled.

Location

State NJ

County Passaic

Zoning residential

Rooms

Basement Finished-Partially

Interior

Heating Electric

Cooling Window A/C(s)

Equipment Fire Alarm

Heat Source Electric

Exterior

Exterior Feature Brick/Block

Utilities Available All Underground

Roof Type Asphalt Shingle

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

Garden State MLS(GSMLS)
Listed by RE/MAX PROPERTIES
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Thomas "Chopper" Russo

Thomas "Chopper" Russo

Broker Associate

+1(201) 240-5200

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128 Highland Ave

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