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    OFF-MARKET
    Bars & Pubs

    12 Oak St, Clifton, NJ 07014-1704

    3,495 SF 0.43 ac lot Built 1925
    Entity Owned 20-yr Hold ~ Est. High Equity
    Property ID
    US59-3104091
    Property summary
    AI-generated overview

    This exceptional Clifton, NJ investment opportunity presents a unique package deal encompassing two separate buildings situated on nearly half an acre of land in Passaic County (zip code 07014). The property includes a charming two-story, three-bedroom single-family home and a substantial three-story mixed-use building. The mixed-use building features a ground-floor bar/restaurant space and a three-bedroom residential unit on the upper two floors. Each building boasts its own separate utilities, offering flexibility and operational independence. The property offers significant potential for expansion, redevelopment, or modification to suit a variety of investment strategies. Ample parking is available with 25+ spaces. The location provides unparalleled convenience, with easy and direct access to major roadways including Routes 3, 21, 80, and 46. The asking price for this remarkable property is $1,050,000. This presents a rare chance to acquire a substantial mixed-use property in a prime Clifton location with considerable upside potential.

    Property profile
    Verified
    Property type Bars & Pubs
    Use group BAR, TAVERN
    Year built 1925
    Construction BRICK
    Total area 3,495 SF
    Lot 0.43 ac (18,720 SF)
    Zoning code M-2
    APN 02 00073- 01-00017
    UPID US59-3104091
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Emerald Corner Bar & Pub Restaurant
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
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    Owner & transaction history
    Zenith Dev INC · 20 yrs held
    Zenith Dev INC
    since 2005
    6 recorded transactions
    2005
    $630,000
    2003
    $280,000
    1989
    $70,000
    1969
    1969
    1969
    Zoning & alternative use
    M-2 · Clifton, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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