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    22 Franklin Ave Clifton, NJ 07011
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    Property profile & analytics

    22 Franklin Ave, Clifton, NJ 07011

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    • Industrial properties
    • 3,600 SF
    • 0.10 lot acres
    Clifton Commercial Space: Prime Location For Sale
    $950,000
    3,700 SF

    Clifton Commercial Space: Prime Location

    Versatile 3700 sq ft, ample parking, loading dock.

    22 Franklin Ave, Clifton, NJ 07011
    View Listing
    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.

    Value Estimations
    Cap Rate Potential
    7.3%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 22 Franklin Ave

    Construction
    CONCRETE BLOCKS
    Lot size
    0.10 lot acres
    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 Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $555,000
      ML approach
      $555,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $675,000
      6.5%
      $620,000
      7%
      $575,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $737,000
      Market price range: $400k - $750k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $570,000
      Current use
      COMMERCIAL (GENERAL)
      $790,000
      Change: +39% Conversion: Difficult
      OFFICE BUILDING
      $665,000
      Change: +17% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    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
    View Listing
    More about this property
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