5,040 SqFt
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 $347
Municipality Clifton (CLF)
MLS Listing ID 22605271
Year Built 1970
Annual Tax Amount $24,516
Tax Year 2025
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 100 x 75
Property Sub-Type Commercial
Source MOREMLS (Monmouth Ocean Regional REALTORS®)
Property Description
Strategically positioned on a high-visibility main road in the heart of Clifton, NJ, this fully renovated 5,040 sq. ft. commercial building presents an exceptional opportunity for investors seeking stable, income-producing office space. The property is fully occupied by long-term, established tenants, delivering a strong and consistent Net Operating Income (NOI) with a 7%+ cap rate. Both units are professionally maintained, offering minimal management oversight and dependable cash flow from day one.
Located in a highly desirable commercial corridor known for attracting recession-resistant businesses, this asset benefits from strong surrounding market fundamentals and continued demand for professional office space. An ideal turnkey investment for buyers seeking reliable income, long-term tenancy, and strategic positioning in one of Northern New Jersey's most established business communities.
Location
State NJ
County Passaic
Area None
Building/Complex Name None
Direction Grove St to Paterson to Clifton Ave
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Central Air
Exterior
Exterior Feature Lighting
Parking Features Covered, Reserved, Paver Block
Roof Type Flat
Private Pool No
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Public
Structure Type Lighting
New Construction No
Others
Senior Community No
Tax ID 02-00041-13-00005
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