117 Valley Rd Clifton City Clifton, NJ 07013
Mixed-use building with a vacant first-floor storefront and a light-filled apartment above, including multiple bedrooms on upper levels.
Property Features for 117 Valley Rd Clifton City
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Multi-Family
Building Details
- Year Built
- 1885
Listing office (609) 891-3848
Listing date Jul 10, 2026
Source Remaxwelcomehomenj
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Christine Barrett
Investment Insights
Based on property information with market context.
The property is positioned off a main road in Clifton and is described as being conveniently located near major highways, schools, and parks.
The current configuration supports both immediate retail occupancy options for the storefront and multi-bedroom residential living across the upper floors.
Key Highlights
- Mixed‑use building with a vacant first‑floor storefront and a light‑filled apartment above
- Second‑floor apartment includes 2 bedrooms plus living room, dining room, and eat‑in kitchen
- Upper level (3rd floor) provides additional 3 bedrooms
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $72.0k | $30.00 |
| − Vacancy | −$4.9k | −$2.04 |
| EGI | $67.1k | $27.96 |
| − OpEx | −$30.2k | −$12.58 |
| NOI | $36.9k | $15.38 |
