Mixed-Use Retail and Residential
604 Van Houten Ave Clifton, NJ 07013
604 Van Houten Ave, Clifton, NJ, 07013
$999,000
For Sale
$999,000
Fully leased building with ground-floor barbershop and three upstairs residential apartments plus four dedicated parking spaces.
Property Size2,932 SF
Price / SF$340.72
Days on Market31
Property Features for 604 Van Houten Ave
General Information
- Standard status
- Active
- Size
- 2,932 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1909
Listing Agency
DWELL REALTY
(973) 542-8333
Listed by
MIRIAM LEBOVITS
Source
Corcoran
Added: Jun 16 Checked: Jul 16 at 6:06 am
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 DWELL REALTY
Investment Insights
Based on property information with market context.
This fully leased mixed-use building combines ground-floor retail with residential living above. The ground level is occupied by a barbershop, and the upper levels feature three fully leased apartments. The property is described as well maintained and presents a turnkey setup for an owner looking to acquire an income-generating commercial and residential asset.
The building is located at 604 Van Houten Ave in Clifton, NJ, within the B-C zoning district. Four dedicated parking spaces are included and are accessible via easement, supporting both retail and residential tenant needs. The property is also positioned for convenience to major transportation routes and nearby shopping and dining.
For prospective buyers, this configuration offers a built-in tenant mix through a retail use on the street level and separate apartment units overhead, all under existing leases. The B-C zoning provides a framework for continued operation of the existing mixed-use setup. With parking included via easement and the property currently fully leased, the building may appeal to investors and owner-operators seeking straightforward management of a combined retail and residential property.
The building is located at 604 Van Houten Ave in Clifton, NJ, within the B-C zoning district. Four dedicated parking spaces are included and are accessible via easement, supporting both retail and residential tenant needs. The property is also positioned for convenience to major transportation routes and nearby shopping and dining.
For prospective buyers, this configuration offers a built-in tenant mix through a retail use on the street level and separate apartment units overhead, all under existing leases. The B-C zoning provides a framework for continued operation of the existing mixed-use setup. With parking included via easement and the property currently fully leased, the building may appeal to investors and owner-operators seeking straightforward management of a combined retail and residential property.
Key Highlights
- Year built 1909 fully leased mixed‑use building
- Ground‑floor retail includes a fully leased barbershop
- Upper levels feature three fully leased residential apartments
Local Financial Insights For Multifamily LT 5
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 | $74.9k | $25.56 |
| − Vacancy | −$4.8k | −$1.65 |
| EGI | $70.1k | $23.91 |
| − OpEx | −$21.0k | −$7.17 |
| NOI | $49.1k | $16.74 |
2,932 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$701.0K
$613.4K – $817.8K
NOI $49,070 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$644.1K
$563.6K – $751.5K
NOI $45,088 @ 7.0% cap · market cap 4.51%
Theoretical Best
Office A
$765.6K
$669.9K – $893.2K
NOI $53,592 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Veselinovic Aleksandra DDS
Dental Office
Ves Alexandra DDS
Dental Office
LibertyX Bitcoin ATM
Atm
Topcutz Barber Shop
Barber Shop
Similar For Sale Nearby
FAQs
What type of property is this?
Triplex - Fully leased building with ground-floor barbershop and three upstairs residential apartments plus four dedicated parking spaces.
Where is this triplex located?
The property is located at 604 Van Houten Ave Clifton, 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: Year built 1909 fully leased mixed‑use building; Ground‑floor retail includes a fully leased barbershop; Upper levels feature three fully leased residential apartments
