Mixed-Use Building with
For Sale
$999,000
604 Van Houten Ave, Clifton, NJ 07013
A ground-floor barbershop and three occupied apartments are complemented by parking reached through an easement.
Property Size2,932 SF
Price / SF$340.72
Days on Market142
Property Features for 604 Van Houten Ave
General Information
Standard status
Active
Size
2,932 SF
Total Parking Spaces
4
Property subtype
Commercial
Zoning
B-C
Occupancy
100%
Additional Details
Mixed-Use Components
retail, residential
Multifamily Units
3
Tenant in Place
Yes
Building Details
Building Size
2,932 SF
Year Built
1909
Buildings
1
Stories
2
Units
4
Tenancy
Multi
Listing Agency:
Dwell Realty
Listed By:
Miriam Lebovits
(973) 542-8333
Source:
Arcadiarealtors
Added: Jun 16
Changed: Nov 2
Last Checked: Nov 3 at 12:27PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,932-square-foot mixed-use building, constructed in 1909, combines ground-floor retail space occupied by a barbershop with three apartments on the upper levels. All four spaces are leased. The property is zoned B-C and includes four dedicated parking spaces accessed by easement.
Key Highlights
- Ground‑floor barbershop with three upper‑level apartments
- All four commercial and residential spaces are leased
- 2,932 square feet; built in 1909
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,088
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,760
$901.8K
Cap Rate 7%
$644,114
$644.1K
Cap Rate 9%
$500,978
$501.0K
Market Conditions
NOI Build-Up for 2,932 SF
Gross rent
$88.0K $30.00/SF
− Vacancy
−$6.0K −$2.04/SF
EGI
$82.0K $27.96/SF
− OpEx
−$36.9K −$12.58/SF
NOI
$45.1K $15.38/SF
Area
Passaic County, NJ
Vacancy
6.80%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$901,760
Cap Rate 7%
$644,114
Cap Rate 9%
$500,978
Alternative Uses
Best Use
Apartment 5plus
$644.1K
$563.6K – $751.5K
NOI $45,088 @ 7.0% cap · market cap 4.51%
Second Best
Retail
$597.8K
$523.1K – $697.5K
NOI $41,849 @ 7.0% cap · market cap 4.19%
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
Explore this area
Business Placement
Demographics for 07013, NJ
28,843
Population
12,005
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
91%
High-School Grad
4.4 sq mi
ZIP Area
6,555
Density / Sq Mi
$119,291
Median Household Income
$59,413
Median Earnings
$1,696
Median Rent
$462,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-floor barbershop and three occupied apartments are complemented by parking reached through an easement.
Where is this mixed-use property 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: Ground‑floor barbershop with three upper‑level apartments; All four commercial and residential spaces are leased; 2,932 square feet; built in 1909
