992 Clifton Avenue new

Clifton,NJ 07013

$ 1850000

- Bed

0 Bath

5040 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

MLS Listing ID 22517785

Year Built 1970

Annual Tax Amount $23,744

Tax Year 2024

Lot Size 7,405 Sqft

Property Sub-Type Commercial

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.

Location

State NJ

County Passaic

Area None

Interior

Heating Forced Air

Exterior

Parking Features Parking Lot

Roof Type Flat

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

New Construction No

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