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$ 1,850,000
Est. payment | /mo
5,040 SqFt
$ 1,850,000
Est. payment | /mo
5,040 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,040 sqft
Price per Sqft $367
Municipality Clifton (CLF)
MLS Listing ID 22517785
Year Built 1970
Annual Tax Amount $23,744
Tax Year 2024
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Located on a high-visibility main road in the heart of Clifton, NJ this fully
renovated 5,040 sq. ft. commercial building offers exceptional potential for
professional office use. Just resigned a new 10 year lease to current long-term stable tenants. The property generates a solid Net Operating Income (NOI) with a 7+% cap rate
Situated in a highly desirable area known for attracting recession-resistant
businesses, this asset promises long-term stability and minimal management
concerns. With strong market fundamentals and a strategic location, this is an
ideal opportunity for investors seeking consistent cash flow and dependable
tenancy.
renovated 5,040 sq. ft. commercial building offers exceptional potential for
professional office use. Just resigned a new 10 year lease to current long-term stable tenants. The property generates a solid Net Operating Income (NOI) with a 7+% cap rate
Situated in a highly desirable area known for attracting recession-resistant
businesses, this asset promises long-term stability and minimal management
concerns. With strong market fundamentals and a strategic location, this is an
ideal opportunity for investors seeking consistent cash flow and dependable
tenancy.
Location
State NJ
County Passaic
Area None
Direction Grove St to Paterson to Clifton Ave
Rooms
Basement Full
Interior
Heating Forced Air
Exterior
Parking Features Parking Lot
Roof Type Flat
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 340311243215000
Listed by Keller Williams Realty Central Monmouth
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