Clifton Commercial/Medical Building For
914 Clifton Ave, Clifton, NJ 07013
Three-story commercial/medical building in Clifton with ample parking.
Property size:
4,494 SFPrice / SF:
$300/SF- Added:
- May 7, 2025
- Days on Market:
- 387
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 914 Clifton Ave
General Information
- Standard status
- Active
- Size
- 4,494 SF
Building Details
- Year Built
- 1900
Listing agent ROBERT FAUSSETTE
Listing office KELLER WILLIAMS CITY VIEWS
Listing date May 7, 2025
Source Corcoran
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 KELLER WILLIAMS CITY VIEWS
HighLights
- Prime commercial/medical building in high‑exposure Clifton location.
- 4,494 sq ft across three full floors suitable for medical, office, or retail use.
- Ample parking with 18 spaces and elevator servicing all levels.
- New roof (2022).
- Flexible floorplan with potential for drive‑thru capabilities.
- Minutes from major highways, providing excellent visibility and easy access.
Overview
This three-story commercial/medical building, located in Clifton, offers 4,494 square feet of space suitable for medical, office, or retail use. The property features three full floors and includes an elevator servicing all levels. There are 18 parking spaces available. A new roof was installed in 2022. The floorplan is flexible, with potential for drive-thru capabilities. The building is located minutes from major highways, providing visibility and access.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$764.0K
NOI $68,758 @ 9.00% cap · cautious / downside scenario
Moderate
$982.3K
NOI $68,758 @ 7.00% cap · market / base-case scenario
Aggressive
$1.38M
NOI $68,758 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $134.8k | $30.00 |
| − Vacancy | −$43.1k | −$9.60 |
| EGI | $91.7k | $20.40 |
| − OpEx | −$22.9k | −$5.10 |
| NOI | $68.8k | $15.30 |
4,494 SF · lease $30.00/SF/yr · vacancy 32.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$982.3K
$859.5K – $1.15M
NOI $68,758 @ 7.0% cap · market cap 5.09%
Second Best
Healthcare Medical
$955.9K
$836.4K – $1.12M
NOI $66,914 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,143 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Clifton Center-Plastic Surgery
Physician
Dr. Alphonsus Doerr ...
Physician
Allwood Imaging
Physician
Doerr Medical
Pharmacy
Location Insight
- Map
- Local Demand
- City
- Clifton
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.1615
- Latitude
- 40.8654
Nearby Similar for Sale
FAQs
What type of property is this?
Office building - Three-story commercial/medical building in Clifton with ample parking.
Where is this office building located?
The property is located at 914 Clifton Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $1,349,999.
What are key features of this property?
This property features: Prime commercial/medical building in high‑exposure Clifton location.; **4,494 sq ft across three full floors** suitable for medical, office, or retail use.; **Ample parking with 18 spaces and elevator** servicing all levels.
