118 Lake Ave
Clifton City, NJ 07011
Price: $425,000
GSMLS: 3994139Type: Multi-Family
Style: 2-Two Story
Total Units: 2
Beds: 3
Baths: 2 Full
Garage: No
Year Built: 1890
Acres: 0.05
Property Tax: $6,790
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.
General Info
Style:
2-Two Story
SqFt Building:
1,132
Total Rooms:
8
Basement:
Yes - Finished-Partially, Full, Walkout
Interior:
Blinds, Carbon Monoxide Detector
Roof:
Asphalt Shingle
Exterior:
Vinyl Siding
Lot Size:
25X88
Lot Desc:
n/a
Parking
Garage Capacity:
No
Description:
n/a
Parking:
None
Spaces Available:
n/a
Unit 1
Bedrooms:
2
Bathrooms:
1
Total Rooms:
5
Room Description:
Bedrooms, Dining Room, Kitchen, Living Room, Rec Room, Storage
Levels:
1
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Dryer, Range/Oven - Gas
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 2
Bedrooms:
1
Bathrooms:
1
Total Rooms:
3
Room Description:
Bedrooms, Kitchen, Living Room
Levels:
2
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
Range/Oven - Gas, Refrigerator
Utilities:
Owner Pays Water, Tenant Pays Electric, Tenant Pays Gas, Tenant Pays Heat
Handicap:
No
Unit 3
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Unit 4
Bedrooms:
n/a
Bathrooms:
n/a
Total Rooms:
n/a
Room Description:
n/a
Levels:
n/a
Square Foot:
n/a
Fireplaces:
n/a
Appliances:
n/a
Utilities:
n/a
Handicap:
n/a
Utilities
Heating:
2 Units, Baseboard - Hotwater
Heating Fuel:
Gas-Natural
Cooling:
None
Water Heater:
n/a
Water:
Public Water
Sewer:
Public Sewer
Utilities:
Gas-Natural
Services:
n/a
School Information
Elementary:
Number 15
Middle:
C.COLUMBUS
High School:
CLIFTON
Community Information
County:
Passaic
Town:
Clifton City
Neighborhood:
Lakeview Section
Financial Considerations
List Price:
$425,000
Tax Amount:
$6,790
Land Assessment:
$60,600
Build. Assessment:
$53,800
Total Assessment:
$114,400
Tax Rate:
5.94
Tax Year:
2024
Listing Information
MLS ID:
3994139
List Date:
10-23-2025
Days On Market:
0
Listing Broker:
COLDWELL BANKER REALTY
Listing Agent:
Request More Information
Shawn and Diane Fox
RE/MAX American Dream
3108 Route 10 West
Denville, NJ 07834
Call: (973) 277-7853
Web: MorrisCountyLiving.com
