414 Clifton Ave Clifton, NJ 07011
Extensively updated building with 14 offices and parking.
Property Features for 414 Clifton Ave
General Information
- Standard status
- Active
- Size
- 6,900 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1940
Listing office REALTY EMPIRE, LLC (973) 510-2260
Listing date May 22, 2026
Source Corcoran
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime Clifton location with exceptional access to major routes.
- Fully remodeled building, including new kitchen, bathrooms, flooring, windows, siding, roof, electrical fixtures, and central A/C.
- 14 private offices, large conference room, and impressive reception area offer multi‑tenant potential.
Local Financial Insights For Office B
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 | $207.0k | $30.00 |
| − Vacancy | −$66.2k | −$9.60 |
| EGI | $140.8k | $20.40 |
| − OpEx | −$35.2k | −$5.10 |
| NOI | $105.6k | $15.30 |
