1030 Clifton Ave, Unit 3 Clifton, NJ 07013-3522
- Office Properties & Spaces
- 2,442 SF
- 0.06 lot acres
Current Use by Public Records
- Edward Julie, MD / Cardiologist
- Root Canal / Dental Clinic
- Cosmetic Dentist Clifton / Dental Clinic / Dental Hygienist
- Prestige Dental Inc / Dentist / Cosmetic Dentist
- Family Dentistry / Dental Clinic / Dental Hygienist
Property Details for 1030 Clifton Ave
- Year built
- 1968
- Lot size
- 0.06 lot acres
- Property size
- 2,442 SF
- Property type
- Office Properties & Spaces
- APN
- 02 00041- 13-00011-0000-C0003
- APU
- 020004113000110000C0003
Description
This exceptional commercial condo, located at 1030 Clifton Avenue in Clifton, NJ, presents a fantastic investment opportunity. The 9,479 square foot property is part of a thriving medical/office complex, boasting excellent curb appeal and convenient executive parking. The building is conveniently located, offering easy access to major roadways including Routes 3, 46, and the Parkway. While the building does not have an elevator, this second-floor condo is currently available for immediate occupancy. The unit is part of a larger complex, with all spaces currently leased except for one unit, offering a potential for immediate income generation or owner-occupancy. The property has recently undergone renovations, ensuring modern and attractive spaces. The asking price is $1,650,000. This is an ideal opportunity for an investor seeking a value-add property or an owner-occupant looking for a well-located, renovated space in a high-demand area. The available unit comprises 1,560 square feet. The sale is exclusively for the second-floor condo. This property offers a unique blend of convenience, accessibility, and modern amenities, making it a compelling investment prospect. The strong leasing history of the complex further enhances its appeal.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $370,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $280,000
- 6.5%
- $295,000
- 7%
- $270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $315,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $345,000
- Mixed-Use
- $340,000
- Hospitality
- $280,000
- Educational
- $270,000
- Residential Income
- $290,000
- Energy
- $305,000
- Income-Based Land
- $350,000
- Food Service
- $325,000
Location Insight
- Map
- Local Demand
- City
- Clifton
- County
- Passaic
- State
- New Jersey
- Longitude
- -74.165
- Latitude
- 40.8627
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
