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    385 Clinton Ave Wyckoff, NJ 07481

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    Claim this Listing
    Pending
    $2,500,000

    Commercial - Wyckoff Twp., NJ

    Property size:
    10,000 SF
    Lot size:
    0.70 Acres
    Added:
    Aug 15, 2025
    Days on Market:
    249
    Last Refresh:
    Apr 20 at 6:06 am

    Property Features for 385 Clinton Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Rooms
    Basement
    Parking
    52
    Parking features
    Parking Lot
    Basement Y/N
    1
    Standard status
    Pending
    Size
    10,000 SF
    Lot size
    0.70 Acres

    Taxes and HOA fees

    Tax Year
    2023
    Tax Annual Amount
    41133

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Floors in Building
    2
    Number of units
    15
    Flooring type
    Carpet, Linoleum, Tile, Vinyl
    Building materials
    Block, Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    NEKIJE RIZVANI

    Listing agent NEKIJE RIZVANI

    Listing office KELLER WILLIAMS VILLAGE SQUARE 74 GODWIN AVENUE, Ridgewood, NJ

    Listing date Aug 15, 2025

    MLS# 3981583 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.

    Overview

    Wyckoff Twp. Commercial Building

    This approximately 10,000-square-foot office building is located in Wyckoff Twp., NJ, in a prime location near shopping plazas, popular restaurants, and other thriving businesses. It offers an ideal opportunity for investors or owner occupants. The property has easy access to major highways; 287, 208, and Rt.17. The building spans two floors and includes 15 office suites, four modern shared bathrooms, three suite bathrooms, a kitchenette, and a partial basement. The property offers ample parking with 52 spaces. Recent updates include freshly painted common areas and updated bathrooms. The property is zoned commercial and sits on a 0.7-acre lot. The building is suitable for medical offices and general office use. Currently boasting consistent tenant occupancy, this property promises immediate income potential and long-term stability for a turn-key investment in a highly desirable location. Medical space is available for owner occupancy while receiving income from tenants.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. John Pullman, ... Dental Office Sportscare Institute Physician Bouncing Forward Counseling ... Psychotherapist Eischen Jeff MD Physician Wyckoff Family Medicine Medical Clinic

    Suggested Use

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

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

    Similar Places Nearby

    • Wyckoff Animal Clinic — 358 Clinton Ave, Wyckoff, NJ 07481

    Location Insight

    • Map
    • Local Demand
    City
    Wyckoff
    County
    Bergen
    State
    New Jersey
    Longitude
    -74.17088
    Latitude
    41.01156

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    • $10,000
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      Historic Landmark in Wyckoff, NJ

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      625 Wyckoff Avenue #A, Wyckoff, NJ 07481
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    • $1,149,000

      Wyckoff Mixed-Use Commercial Building

      Well-maintained commercial building in Wyckoff's Business District.
      235 Everett, Wyckoff, NJ 07481
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    • $1,325,000
      1,400 SF

      Mixed-Use Building with Apartment

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    FAQs

    What type of property is this?
    Medical Office Space - 10,000 SF office building in prime location.
    Where is this medical office space located?
    The property is located at 385 Clinton Ave Wyckoff, NJ.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: Prime location in Wyckoff's business triangle, near shopping, restaurants, and businesses.; Income‑generating property with consistent tenant occupancy.; Suitable for owner occupancy with tenant income.
    (201) 445-4300
    We can help!
    Listing Contact
    NEKIJE RIZVANI
    Learn More
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    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
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