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Corner Retail Business with Parking
For Sale
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637 Clifton Boulevard, Clifton, NJ 07013

Established retail business on a prominent corner with exclusive driveway parking and included signage, fixtures, and inventory.

Property Size800 SF
Price / SF$162.50
Days on Market98

Property Features for 637 Clifton Boulevard

General Information

Standard status Active
Size 800 SF
Total Parking Spaces 4
Property subtype Retail, Business for Sale
Zoning RETAIL
Occupancy 100%
Lease Type Net
Investment Type Owner/User
Net Operating Income $94,000

Financials

Asking Price $150,000
Business Included Yes

Additional Details

Corner Location Yes

Amenities

full/partial basement
exclusive driveway parking

Building Details

Year Renovated 2020
Units 1
Tenancy Single
Listing Agency: Better Homes and Gardens Real Estate Elite
Listed By: Jazmine Clausen-Soir · License #NJ 1750907
Source: Crexi
Added: Jul 23 Changed: Oct 26 Last Checked: Oct 26 at 1:18PM

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

Rey
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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.

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

Estimated NOI and Cap Rate

NOI / Yr
$11,419
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,380 $228.4K
Cap Rate 7%
$163,129 $163.1K
Cap Rate 9%
$126,878 $126.9K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$17.3K $21.60/SF
− Vacancy
−$968 −$1.21/SF
EGI
$16.3K $20.39/SF
− OpEx
−$4.9K −$6.12/SF
NOI
$11.4K $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%
$228,380
Cap Rate 7%
$163,129
Cap Rate 9%
$126,878

Alternative Uses

Best Use
Retail
$163.1K
$142.7K – $190.3K (±1% cap)
NOI $11,419 @ 7.0% cap · market cap 8.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$208.9K
$182.8K – $243.7K (±1% cap)
NOI $14,623 @ 7.0% cap · market cap 11.25%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Garden Center Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,710
Businesses Nearby
55k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 65% Dining 33% Home Improvements & Furnishings 1%
Dunkin' Donuts Dining
15,219 visits/mo 0.2 miles
Chase Bank Shops & Services
11,339 visits/mo 0.4 miles
7-Eleven Shops & Services
11,084 visits/mo 0.3 miles
Shell Shops & Services
5,009 visits/mo 0.4 miles
PNC Bank Shops & Services
3,885 visits/mo 0.5 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

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

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 $130,000.
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.
(908) 316-8530 Call to check price and availability
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