Listing Details

118 Lake Ave,Clifton City, NJ 07011-3933

  • November 1, 2025

Description

Excellent investment opportunity in the Lakeview Section of Clifton! This well-maintained 2-family home offers strong rental potential and versatile living options. The first-floor unit features 2 bedrooms, a living room, kitchen, and full bath. The second-floor unit includes 1 bedroom, living room, kitchen, and full bath. Ideal for investors or owner-occupants seeking an income-producing property in a prime location. Both units are bright and functional with separate utilities. A partially finished basement with recreation room is accessible from the first floor, providing additional space for storage or leisure. The property also features a fenced backyard and a brand new asphalt roof. Conveniently located near schools, parks, shopping, restaurants, and major highways with easy access to NYC transportation.

Details

Last Updated On: November 1st, 2025 at 7:28 am
Property ID:PT-8013632-AXZR
Offer Type:For Multi Family
Property Type:Multi-Family
Price: 425,000 $
Bedrooms:3
Year Built:1890

Additional Details

Listing Details

Status: Active

Location

County: Passaic
Lotsize: 25X88
Lot Identifier: 63
Lot Identifier: 63

Home Details

Subdivision: Lakeview Section
Open Parking: 0
Basement: Yes
Basmnt/Desc: Yes - Finished-Partially, Full, Walkout
Acreage: 0.05
Total Baths: 2.00
Unit Style: 2-Two Story
Number of Units: 2
Rooms: 8
Easement/Desc: Unknown
Exterior Description: Vinyl Siding
Roof Description: Asphalt Shingle
Possesion: Flexible
Unit 1 Appliances/Equipment: Dryer, Range/Oven - Gas
Unit 1 Levels: 1
Unit 1 Rooms: 5
Unit 1 Beds: 2
Unit 1 Baths: 1.0
Unit 1 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 1 Handicap: No
Unit 1 SqFt: 665
Unit 1 Room Description: Bedrooms, Dining Room, Kitchen, Living Room, Rec Room, Storage
Unit 2 Appliances/Equipment: Range/Oven - Gas, Refrigerator
Unit 2 Levels: 2
Unit 2 Rooms: 3
Unit 2 Beds: 1
Unit 2 Baths: 1.0
Unit 2 Owner/Tenant Pays: Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Unit 2 Handicap: No
Unit 2 SqFt: 467
Unit 2 Room Description: Bedrooms, Kitchen, Living Room
Block Identifier: 4.16
County Number: 25
Town Number: 2502
YB/Desc: 1890 - Approximate
Easement: Unknown
Parking/Driveway Description: None
Block Identifier: 4.16
County Number: 25
Town Number: 2502
Possession: Flexible

Utilities

Heat Source: Gas-Natural
Heat System: 2 Units, Baseboard - Hotwater
Cool System: None
Water: Public Water
Sewer: Public Sewer
Utilities: Gas-Natural

Schools

Grade School: Number 15
Middle School: C.COLUMBUS
High School: CLIFTON

Taxes, Fees & Assessments

Tax ID For Property: 2502-00004-0016-00063-0000-
Tax Amount: $6,790.00
Tax Year: 2024
Tax Rate: 5.936%
Tax Rate Year: 2025
Land Assessment: $60,600.00
Building Assessment: $53,800.00
Total Assessment: $114,400.00
FHA Age Restricted: No

Features

  • Blinds
  • Carbon Monoxide Detector
  • Curbs
  • FencVnyl
  • Sidewalk
  • Storage

Statistics

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