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324 Clifton Ave, Newark, NJ, 07104

7beds
4baths
0sqft
$785,000
--price/sqft
$6,050/moest. monthly cost
$242,000/yrincome needed

About This Home

Don't miss your chance to own this well maintained three family home with a bonus finished basement. Rear outdoor space and parking for one car. Located in the historical North Newark Forest Hill Neighborhood this Multi Family home is an opportunity to invest in an income producing property or live rent free as an owner occupant. Close to Bloomfield Ave, it is a quick drive or bus ride to downtown Newark, routes 280 and 21. Enjoy a short walk to the famous Branch Brook Park, grocery store and restaurants.

Getting Around

88
WalkingVery Walkable
71
TransitExcellent Transit
47
BikeSomewhat Bikeable

Schools

8/10
Technology High SchoolGrades 9-120.4 mi
1/10
Barringer High SchoolGrades 9-120.5 mi

Construction

Condition

  • Year built: 1907

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Aluminum Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Exhaust Fan,Range/Oven - Gas,Refrigerator,Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Yes,Finished

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4

Features

  • Bedrooms,Dining Room,Eat-in Kitchen,Living Room,Eat-In Kitchen,Living/Dining Room,Kitchen,Ceiling Fan(s)
  • Flooring: Tile

Heating

  • Heating features: Radiators - Steam,Natural Gas

Interior Area

  • Total structure area: 0

Property

Details

  • Parcel number: 1614005570000000290000
  • Exclusions: Furnishings not included

Features

  • Levels: 3-Three Story
  • Stories: 3
  • Patio & porch: Open Porch(es),Patio,Porch

Lot

  • Lot size: 2,613 sqft
  • Lot size dimensions: 25 x 100

Parking

  • Total spaces: 1
  • Parking features: 1 Car Width,None
  • Uncovered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveRelatively High
  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,969$47,628
Home Insurance *$515$6,180
Property Taxes $1,373$16,476
Electricity $193$2,318
Total$6,050$72,600
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$207,428/yr
40% on housing$181,500/yr
45% on housing$161,333/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.4%
7.4%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07104$312
Essex County$382

vs Homes Sold Last Month

Median $/sqft

ZIP 07104$299
Essex County$391

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-05-09Listed for sale$825,000

For Sale by Agent

AgentMaatie Alcindor
BrokerageElite Realtors Of New Jersey

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