Three-Story Office
For Sale
$849,000
426 Clifton Avenue, Lakewood, NJ 08701
COMMERCIAL - Lakewood, NJ
Property Size2,272 SF
Lot Size0.02 Acres
Price / SF$373.68
Days on Market93
Property Features for 426 Clifton Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot, On Street
Directions
Google
Standard status
Active
APN
15-00093-0000-00010
Size
2,272 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5870
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Water source
Public
Building Details
Year built
1940
Floors in Building
2
Listing Agency:
One Real Estate Group, LLC
(732) 663-9898
Listed By:
Chaya Klein · License #1649028
(732) 663-9898
Added: May 5
Changed: Aug 4
Last Checked: Aug 5 at 11:06PM
MLS# 22613025
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This three-story office property contains 2272 square feet within a compact 0.02-acre parcel. The interior includes open cubicle areas alongside multiple private offices, creating a mix of shared and enclosed workspace. A rear entry connects directly with the parking lot, while forced-air heating serves the building. Constructed in 1940, the property also has public water and public sewer service.
Positioned at 426 Clifton Avenue in Lakewood, the building offers frontage along Clifton Avenue with on-site signage. Parking is available in the property lot and along the street. The combination of visible street presence, varied office configuration, and separate rear access supports a practical owner-user office setting.
Positioned at 426 Clifton Avenue in Lakewood, the building offers frontage along Clifton Avenue with on-site signage. Parking is available in the property lot and along the street. The combination of visible street presence, varied office configuration, and separate rear access supports a practical owner-user office setting.
Key Highlights
- 2272‑square‑foot office building on a 0.02‑acre parcel
- Three‑story configuration with open cubicle areas and multiple private offices
- Frontage on Clifton Avenue with on‑site signage
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 4.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$593.3K
$519.1K – $692.2K
NOI $41,529 @ 7.0% cap · market cap 4.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
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 - Flexible workspace combines open cubicle areas, private offices, and separate rear access.
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 $849,000.
What are key features of this property?
This property features: 2272‑square‑foot office building on a 0.02‑acre parcel; Three‑story configuration with open cubicle areas and multiple private offices; Frontage on Clifton Avenue with on‑site signage
