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    23 Degraw Ave Clifton, NJ 07013

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    For Sale
    $1,100,000

    Well-maintained fourplex with development potential in desirable Clifton neighborhood.

    Lot size:
    0.42 Acres

    Property Features for 23 Degraw Ave

    General Information

    Lot size
    0.42 Acres

    Building Details

    Year built
    1941

    Source: AMERICASA REALTY LLC Agent GABRIEL GARCES

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Clifton Fourplex on Large Lot

    Located in a peaceful Clifton neighborhood, this well-maintained one-story fourplex is situated on nearly half an acre. The property contains four spacious units, each with separate utilities. Two separate driveways and two detached storage sheds provide added functionality. The property is approved for new construction, allowing for the addition of two single-family homes plus a duplex, presenting development potential. The seller is open to short-term seller financing with a large upfront down payment. It is located minutes from Montclair and MSU.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1789734
    Latitude
    40.8818643

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    FAQs

    What type of property is this?
    Quadplex - Well-maintained fourplex with development potential in desirable Clifton neighborhood.
    Where is this quadplex located?
    The property is located at 23 Degraw Ave Clifton, NJ.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Approved for new construction: allows for the addition of two single-family homes plus a duplex.; - Four spacious units with separate utilities in a well-maintained fourplex.; - Located in Clifton's most beautiful and peaceful neighborhood, near Montclair and MSU.
    (973) 832-1815
    Request Owner's contact information
    23 Degraw Ave Clifton, NJ 07013
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    Clifton, NJ 07013
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    Realmo Value Estimation

    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.

    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.

    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
    23 Degraw Ave Clifton, NJ 07013
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