Storefront
New
For Sale
$2,495,000
608 Van Houten Ave, Clifton, NJ 07013
A 1920-built storefront sits in an area rated very walkable, with good transit access.
Property Size10,033 SF
Days on Market5
Property Features for 608 Van Houten Ave
General Information
Standard status
Active
Size
10,033 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$34,843
Building Details
Building Size
10,033 SF
Year Built
1920
Stories
2
Units
9
Listing Agency:
DWELL REALTY
Listed By:
MIRIAM LEBOVITS
(973) 542-8333
Source:
Elliman
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 12 at 8:59PM
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 storefront property was built in 1920. It is located at 608 Van Houten Ave in Clifton, New Jersey.
Walkability is rated 88, transit access is rated 52, and bike access is rated 48.
Walkability is rated 88, transit access is rated 52, and bike access is rated 48.
Key Highlights
- Built in 1920
- Walk Score: 88; Very Walkable
- Transit Score: 52; Good Transit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$143,204
Cap Rate
5.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,864,080
$2.9M
Cap Rate 7%
$2,045,771
$2.0M
Cap Rate 9%
$1,591,156
$1.6M
Market Conditions
NOI Build-Up for 10,033 SF
Gross rent
$216.7K $21.60/SF
− Vacancy
−$12.1K −$1.21/SF
EGI
$204.6K $20.39/SF
− OpEx
−$61.4K −$6.12/SF
NOI
$143.2K $14.27/SF
Area
Passaic County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,864,080
Cap Rate 7%
$2,045,771
Cap Rate 9%
$1,591,156
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,204 @ 7.0% cap · market cap 5.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.62M
$2.29M – $3.06M
NOI $183,387 @ 7.0% cap · market cap 7.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,315
Businesses Nearby
65k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
Dollar Tree
Shops & Services
17,831 visits/mo
0.1 miles
Dunkin' Donuts
Dining
14,244 visits/mo
0.1 miles
7-Eleven
Shops & Services
8,025 visits/mo
0.0 miles
Dollar General
Shops & Services
7,575 visits/mo
0.0 miles
PNC Bank
Shops & Services
5,543 visits/mo
0.4 miles
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 Retail in Northeast region
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Similar Off Market Nearby
- Atlas Floral Decorators — 855 Bloomfield Ave, Clifton, NJ 07012
- Halka's Florist — 633 Van Houten Ave, Clifton, NJ 07013
- John's Flowers — 176 Broadway, Passaic, NJ 07055
- Ely's Flowers LLC — 176 broadway, passaic, nj 07055
- Floristeria El Paraiso — 176 Broadway, Passaic, NJ 07055
Frequently Asked Questions
What type of property is this?
Storefront property - A 1920-built storefront sits in an area rated very walkable, with good transit access.
Where is this storefront property located?
The property is located at 608 Van Houten Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: Built in 1920; Walk Score: 88; Very Walkable; Transit Score: 52; Good Transit
