22 Franklin Ave Clifton, NJ 07011
- Industrial properties
- 3,600 SF
- 0.10 lot acres
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
-
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