992 Clifton Ave new

Clifton City,NJ 07013

$ 1850000

- Bed

- Bath

5000 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,000 sqft

Price per Sqft $370

MLS Listing ID 3969677

Year Built 1970

Annual Tax Amount $23,744

Tax Year 2024

Lot Size 7,405 Sqft

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. Recently leased to a stable, long-term tenants. The property generates a solid Net Operating Income (NOI) with a over 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

Zoning B-A

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling See Remarks

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature Brick/Block

Utilities Available Electric, Gas-Natural

Roof Type Flat

Building

Story 2

Sewer Public Sewer

Water Public Water

Others

Ownership Fee Simple

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