Corner Retail Business with
637 Clifton Boulevard Clifton, NJ 07013
New
For Sale
Contact for pricing
Established retail business on a prominent corner with exclusive driveway parking and included signage, fixtures, and inventory.
Property Size800 SF
Price / SF$187.50
Days on Market7
Property Features for 637 Clifton Boulevard
General Information
Standard status
Active
Size
800 SF
Property subtype
Retail, Business for Sale
Listing Agency:
Better Homes and Gardens Real Estate Elite
(908) 316-8530
Listed By:
Jazmine Clausen-Soir · License #NJ 1750907
Source:
Crexi
Added: Jul 23
Changed: Jul 29
Last Checked: Jul 29 at 4:21AM
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 Better Homes and Gardens Real Estate Elite
Investment Insights
Based on property information with market context.
This for-sale retail opportunity is offered as an established business and sale includes trade fixtures, equipment, furnishings, inventory, leasehold interest, and signage. The setup also features a full/partial basement and exclusive driveway parking, with business hours from 9:00 AM to 9:00 PM.
Located at 637 Clifton Boulevard in Clifton, NJ, the business occupies a prominent corner along one of Clifton’s main commercial corridors, designed to benefit from strong street visibility and steady pedestrian and vehicle traffic. The property is positioned for convenient access to nearby residential neighborhoods, shopping centers, public transportation, major roadways, and surrounding development.
According to the owner, the business generates approximately $432,000 in annual gross operating income with approximately $180,000 in operating expenses, resulting in approximately $252,000 in net operating income. Financial information is available to qualified buyers.
Located at 637 Clifton Boulevard in Clifton, NJ, the business occupies a prominent corner along one of Clifton’s main commercial corridors, designed to benefit from strong street visibility and steady pedestrian and vehicle traffic. The property is positioned for convenient access to nearby residential neighborhoods, shopping centers, public transportation, major roadways, and surrounding development.
According to the owner, the business generates approximately $432,000 in annual gross operating income with approximately $180,000 in operating expenses, resulting in approximately $252,000 in net operating income. Financial information is available to qualified buyers.
Key Highlights
- Established business at 673 Clifton Ave, Clifton, NJ on a prominent corner along a main commercial corridor.
- Includes trade fixtures, equipment, furnishings, inventory, leasehold interest, and signage.
- Full/partial basement plus exclusive driveway parking.
Financial Insights For Retail
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 | $17.3k | $21.60 |
| − Vacancy | −$968 | −$1.21 |
| EGI | $16.3k | $20.39 |
| − OpEx | −$4.9k | −$6.12 |
| NOI | $11.4k | $14.27 |
800 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$163.1K
$142.7K – $190.3K
NOI $11,419 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$208.9K
$182.8K – $243.7K
NOI $14,623 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Established retail business on a prominent corner with exclusive driveway parking and included signage, fixtures, and inventory.
Where is this retail space located?
The property is located at 637 Clifton Boulevard Clifton, NJ.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Established business at 673 Clifton Ave, Clifton, NJ on a prominent corner along a main commercial corridor.; Includes trade fixtures, equipment, furnishings, inventory, leasehold interest, and signage.; Full/partial basement plus exclusive driveway parking.
