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Property profile & analytics

22 Franklin Ave Clifton, NJ 07011

  • Industrial properties
  • 3,600 SF
  • 0.10 lot acres
Value Estimation
Last Sale
Sep 20, 2024
$555,000
Location Intelligence
Property ID
US59-2043916
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Industrial properties

Property Details for 22 Franklin Ave

Construction
CONCRETE BLOCKS
Lot size
0.10 lot acres
Property size
3,600 SF
Zone code
M-2
Property type
Industrial properties
APN
02 00010- 14-00021
APU
2000101400021

Description

This exceptional Clifton, NJ commercial property offers approximately 3,700 square feet of versatile space, perfect for a variety of businesses. Situated on a 0.1-acre lot at 22 Franklin Avenue, the property boasts a convenient loading dock, streamlining logistics and enhancing operational efficiency. High ceilings contribute to a spacious and open feel, maximizing flexibility for various layouts and uses. A dedicated, separate office space provides a professional environment for administrative tasks and client interactions. Ample on-site parking is available, ensuring convenient access for employees and customers. The strategic Clifton location offers excellent visibility and accessibility, making this property an ideal choice for businesses seeking a functional and well-situated space. The asking price is $950,000. This property presents a unique opportunity to establish or expand a commercial enterprise in a thriving area. The combination of size, features, and location makes this a highly desirable commercial offering.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $555,000
  • CAP approach

    CAP return
    Estimation
    6%
    $560,000
    6.5%
    $615,000
    7%
    $540,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $500,000
    Geo Method
    $650,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $615,000
    Retail
    $535,000
    Mixed-Use
    $565,000
    Hospitality
    $660,000
    Educational
    $645,000
    Residential Income
    $570,000
    Energy
    $540,000
    Income-Based Land
    $665,000
    Food Service
    $525,000

Location Insight

  • Map
  • Local Demand
City
Clifton
County
Passaic
State
New Jersey
Longitude
-74.1433
Latitude
40.8817
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$14,502
$76,500
$173,800
$250,300
-
$76,500
$173,800
$250,300
More about this property
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