Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Remodeled Clifton Building with Parking Title is generated by Realmo AI

    414 Clifton Ave, Clifton, NJ 07011

    View on Map
    Claim this Listing
    For Sale
    $1,479,000

    Extensively updated building with 14 offices and parking.

    Type:Commercial
    Property size:
    6,900 SF
    Price / SF:
    $214/SF
    Added:
    May 22, 2026
    Days on Market:
    11
    Last Refresh:
    May 27 at 7:23 am

    Property Features for 414 Clifton Ave

    General Information

    Standard status
    Active
    Size
    6,900 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1940

    We can help!

    Listing Contact
    CHRISTOPHER VARELA

    Listing agent CHRISTOPHER VARELA

    Listing office REALTY EMPIRE, LLC

    Listing date May 22, 2026

    Source Corcoran

    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 REALTY EMPIRE, LLC

    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.
    • Large on‑site parking lot (9 cars) plus ample street parking.
    • Third floor with apartment‑style potential (full bathroom) for owner‑occupancy or staff housing.
    • Existing ground‑level tenant provides immediate income potential.

    Overview

    Located in the heart of Clifton, this remodeled building offers access and flexibility. Situated near Routes 80, 46, 3, 21, and 23, the property facilitates commuting and client access. Currently operating as a real estate office, the building has been extensively updated and is ready for immediate use. Renovations include a new kitchen, bathrooms, flooring, windows, siding, roof, electrical fixtures, and a central A/C unit. A full sprinkler system, fresh landscaping design, and a large on-site parking lot for up to 9 cars, plus ample street parking, are available. The interior layout is designed for professional operations and multi-tenant potential, including 14 private offices, 3 bathrooms, 1 kitchen, a large conference room, and a reception area. The third floor offers potential for an apartment-style setup with a full bathroom, creating added flexibility for owner-occupancy or staff housing. An existing ground-level tenant is in place, offering immediate income potential. The property is suitable for occupying the building for business, renting out individual offices, or creating a hybrid owner-user investment. The property size is 6900 square feet.

    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 $207.0k $30.00
    − Vacancy −$14.1k −$2.04
    EGI $192.9k $27.96
    − OpEx −$86.8k −$12.58
    NOI $106.1k $15.38
    6,900 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.52M
    $1.33M – $1.77M (±1% cap)
    NOI $106,108 @ 7.0% cap · market cap 7.17%
    Second Best
    Office B
    $1.51M
    $1.32M – $1.76M (±1% cap)
    NOI $105,570 @ 7.0% cap · market cap 7.14%
    Theoretical Best
    Office A
    $1.80M
    $1.58M – $2.10M (±1% cap)
    NOI $126,121 @ 7.0% cap · market cap 8.53%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Goldstein, Suh, Khorozian Consultant Construction Empire, LLC Construction Company Doctor Real Estate Real Estate Agency Eddie & Luz Ruiz ... Real Estate Agency Realty Empire Real Estate Agency

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1432602
    Latitude
    40.874838

    Nearby Similar for Sale

    • $1,479,000
      6,900 SF

      Remodeled Commercial Building in Clifton

      Fully remodeled commercial building with multi-tenant potential in Clifton City.
      414 Clifton Ave, Clifton City, NJ 07011-2645
      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
    • $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
    • $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
    • $799,000
      3,044 SF

      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
    • $845,000
      2,400 SF

      Clifton Mixed-Use Investment Opportunity

      Mixed-use building in Clifton with storefront and residential units.
      117 Valley Rd, Clifton City, NJ 07013-1119
      View Details
    • $699,000

      Clifton City Two-Family Home

      Two-family home in Clifton City with convenient access to transportation.
      23 Homcy Pl, Clifton City, NJ 07011-1305
      View Details
    • $849,000

      Multi-Family Home in Dutch Hill

      Renovated 6-bedroom multi-family home near Weasel Brook Park.
      104 Hadley Ave, Clifton City, NJ 07011-2730
      View Details
    • $759,000

      Mixed-Use Property in Clifton City

      Two-story mixed-use property for sale in Clifton City, NJ.
      360 Rutherford Blvd, Clifton City, NJ 07014-1221
      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
    • $2,000,000
      8,400 SF

      Mixed-Use and Multifamily Portfolio

      Value-add opportunity: 6 apartments, 3 retail units on 13,300 sqft.
      59-63 Valley Road, Clifton, NJ 07013
      View Details

    FAQs

    What type of property is this?
    Office building - Extensively updated building with 14 offices and parking.
    Where is this office building located?
    The property is located at 414 Clifton Ave Clifton, NJ.
    What is the asking price?
    The asking price for this property is $1,479,000.
    What are key features of this property?
    This property features: 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.**
    (973) 510-2260
    We can help!
    Listing Contact
    CHRISTOPHER VARELA
    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
    414 Clifton Ave, Clifton City, NJ 07011
    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!