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    992 Clifton Ave, Unit 1 Clifton, NJ 07013

    For Sale
    $1,850,000

    Fully renovated commercial building in Clifton, NJ, with long-term tenants.

    Property Features for 992 Clifton Ave

    General Information

    Standard status
    Active

    Source: KELLER WILLIAMS REALTY CENTRAL MONMOUTH Agent JONATHAN SIMHAYOFF

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Clifton Commercial Building For Sale

    Located on a high-visibility main road in Clifton, NJ, this fully renovated 5,040 sq. ft. commercial building offers potential for professional office use. The property is leased to long-term tenants and generates a Net Operating Income (NOI) with over a 7% cap rate. Situated in a desirable area, this asset promises long-term stability and minimal management concerns. This is an opportunity for investors seeking consistent cash flow and dependable tenancy.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Silber Judy G ... Dermatologist Dr. Muhammad Ijaz, ... Doctor Gold Standard Medical ... Medical Clinic Med Screen Labs Laboratory Rehan Malik Psychiatrist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clifton
    County
    Passaic
    State
    New Jersey
    Longitude
    -74.1638866
    Latitude
    40.8633385

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    FAQs

    What type of property is this?
    Office building - Fully renovated commercial building in Clifton, NJ, with long-term tenants.
    Where is this office building located?
    The property is located at 992 Clifton Ave, Unit 1 Clifton, NJ.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - High-visibility location on a main road in Clifton, NJ.; - Generates a solid Net Operating Income (NOI) with over a 7% cap rate.; - **Fully renovated 5,040 sq. ft. commercial building** suitable for professional office use.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    992 Clifton Ave, Unit 1 Clifton, NJ 07013
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