Three-Story Office
For Sale
$999,000
426 Clifton Avenue, Lakewood, NJ 08701
Three-story office building with open cubicle space, private offices, and separate rear entrance for staff and clients.
Property Size2,272 SF
Price / SF$439.70
Days on Market149
Property Features for 426 Clifton Avenue
General Information
Standard status
Active
Size
2,272 SF
Property subtype
General Commercial
Building Details
Year Built
1940
Stories
3
Listing Agency:
One Real Estate Group, LLC
(732) 663-9898
Listed By:
Chaya Klein · License #1649028
(732) 663-9898
Source:
Xome
Added: Mar 10
Changed: Jul 10
Last Checked: Jul 16 at 5:43AM
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 One Real Estate Group, LLC
Investment Insights
Based on property information with market context.
This three-story office building offers a practical mix of workspaces, combining open cubicle areas with multiple private offices. The property is configured to support different day-to-day office needs while maintaining a straightforward internal layout across its three levels.
The building is located at 426 Clifton Avenue with strong frontage and signage along Clifton Avenue, supporting visible business presence. A separate rear entrance provides additional access from the parking lot for staff and clients.
With both shared and private office components, the space can suit a range of professional and administrative tenants looking to own an office facility. The combination of front-oriented visibility and a dedicated rear entry helps accommodate day-to-day circulation between parking and office areas.
The building is located at 426 Clifton Avenue with strong frontage and signage along Clifton Avenue, supporting visible business presence. A separate rear entrance provides additional access from the parking lot for staff and clients.
With both shared and private office components, the space can suit a range of professional and administrative tenants looking to own an office facility. The combination of front-oriented visibility and a dedicated rear entry helps accommodate day-to-day circulation between parking and office areas.
Key Highlights
- Three‑story office building with a blend of open cubicle space and multiple private offices
- Strong frontage on Clifton Avenue with signage
- Separate rear entrance from the parking lot for staff and clients
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 | $68.2k | $30.00 |
| − Vacancy | −$21.8k | −$9.60 |
| EGI | $46.3k | $20.40 |
| − OpEx | −$11.6k | −$5.10 |
| NOI | $34.8k | $15.30 |
2,272 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$496.6K
$434.5K – $579.4K
NOI $34,762 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$593.3K
$519.1K – $692.2K
NOI $41,529 @ 7.0% cap · market cap 4.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,441
Businesses Nearby
Explore this area
Business Placement
Demographics for 08701, NJ
135,256
Population
33,539
Households
4
Avg Household Size
20
Median Age
33%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
5,476
Density / Sq Mi
$62,811
Median Household Income
$34,970
Median Earnings
$1,701
Median Rent
$430,700
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Three-story office building with open cubicle space, private offices, and separate rear entrance for staff and clients.
Where is this office building located?
The property is located at 426 Clifton Avenue Lakewood, NJ.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Three‑story office building with a blend of open cubicle space and multiple private offices; Strong frontage on Clifton Avenue with signage; Separate rear entrance from the parking lot for staff and clients
