Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Clifton Mixed-Use Investment Opportunity Title is generated by Realmo AI

    117 Valley Rd, Clifton, NJ 07013

    View on Map
    Claim this Listing
    For Sale
    $845,000

    Multi-Family, 3-Three Story, Under/Over - Clifton City, NJ

    Property size:
    2,400 SF
    Lot size:
    0.06 Acres
    Price / SF:
    $352/SF
    Added:
    Feb 3, 2026
    Days on Market:
    98
    Last Refresh:
    May 12 at 8:06 am

    Property Features for 117 Valley Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    B-B
    Bedrooms
    5
    Bathrooms
    2
    Rooms
    Basement, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5, Dining Room, Kitchen, Living Room
    Interior features
    Carbon Monoxide Detector, Fire Extinguisher, Smoke Detector
    Exterior features
    Thermal Windows/Doors
    Basement Y/N
    1
    Appliances
    Oven - Gas, Range
    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.06 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    10637

    Utilities

    Cooling system
    None (Cooling)

    Building Details

    Year built
    1885
    Number of units
    2
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    JOSEPH J. SCOTTO

    Listing agent JOSEPH J. SCOTTO

    Listing office C-21 CEDARCREST REALTY 460 BLOOMFIELD AVE, Caldwell, NJ

    Listing date Feb 3, 2026

    MLS# 4007940 Listing URL

    Copyright © 2026 Garden State MLS, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Prime location in the highly sought‑after Clifton area.
    • Mixed‑use building offering both commercial and residential income potential.
    • Vacant storefront on the first floor provides immediate rental income or owner‑occupancy opportunity.
    • Spacious second‑floor apartment with hardwood floors, renovated bathroom, and abundant natural light.
    • Third floor features 3 additional bedrooms.
    • Conveniently located near major highways, schools, and parks.

    Overview

    Located in Clifton, this mixed-use building presents an investment opportunity. The property features a storefront on the first floor, which is currently vacant. The second floor includes an apartment with hardwood flooring, a living room, a dining room, two bedrooms, a kitchen, and a renovated bathroom. The third level offers three additional bedrooms. The property is situated near major highways, schools, and parks.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Valley family deli Food Market

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.17414
    Latitude
    40.89428

    Nearby Similar for Sale

    • $1,750,000
      5,040 SF

      Renovated Clifton Commercial Investment Opportunity

      Fully renovated 5,040 SF commercial building in Clifton, NJ.
      992 Clifton Avenue, Clifton, NJ 07013
      View Details
    • $1,750,000
      5,040 SF

      Renovated Clifton City Commercial Building

      Fully renovated 5,040 SF commercial building in Clifton City, NJ.
      992 Clifton Ave, Clifton City, NJ 07013-3502
      View Details
    • $89,900
      1,000 SF

      Turnkey Nail Salon Business Opportunity

      Established nail salon business for sale in Clifton City, NJ.
      219 Dayton Ave, Clifton City, NJ 07011-1505
      View Details
    • $589,000
      1,403 SF

      Well-Maintained Multifamily Property in Clifton

      Multifamily property in Clifton's Athenia section, ideal for investors.
      123 Sargeant Avenue, Clifton, NJ 07013
      View Details
    • $89,000
      1,100 SF

      Established Vegan Restaurant For Sale

      Turnkey vegan restaurant in Clifton City with loyal customer base.
      1279 Main Ave, Clifton City, NJ 07011-2269
      View Details
    • $345,000

      Clifton Office Condo For Sale

      1380 SF office condo in high-traffic Clifton location.
      Clifton City, NJ 07013-3517
      View Details
    • $799,000

      Clifton City Fourplex Investment Opportunity

      Four-unit multifamily property in Clifton City with immediate rental income.
      94 Center St, Clifton City, NJ 07011-2015
      View Details
    • $4,299,000
      26,000 SF

      Clifton Industrial/Warehouse Space For Sale

      23,275 SF industrial/warehouse space in prime Clifton location.
      174 Getty Ave, Clifton City, NJ 07011-1802
      View Details
    • $139,999
      1,000 SF

      Profitable Smoke Shop in Clifton

      Established smoke shop for sale in high-traffic Clifton location.
      754 Van Houten, Clifton City, NJ 07013-2037
      View Details
    • $998,000

      Renovated Multi-Family Home, Clifton City

      Gut-renovated 2-family home near Delawanna Train Station.
      304 Delawanna Ave, Clifton City, NJ 07014-1339
      View Details
    • $699,999

      Clifton Two-Family Colonial Home

      Income-producing two-family home in Clifton, near NYC transportation.
      38 HARRISON PL, Clifton, NJ 07011
      View Details
    • $815,000

      Well-Maintained Two-Family Home

      Spacious two-family home in desirable location with NYC views.
      120 Fenner Ave, Clifton City, NJ 07013
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building in Clifton with storefront and residential units.
    Where is this mixed-use property located?
    The property is located at 117 Valley Rd Clifton, NJ.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: Prime location in the highly sought‑after Clifton area.; Mixed‑use building offering both commercial and residential income potential.; **Vacant storefront on the first floor provides immediate rental income or owner‑occupancy opportunity.**
    (973) 228-1050
    We can help!
    Listing Contact
    JOSEPH J. SCOTTO
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    117 Valley Rd, Clifton City, NJ 07013-1119
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!