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Property profile & analytics

351 Lexington Ave Clifton, NJ 07011-2343

  • Commercial real estate
  • 3,194 SF
  • 0.20 lot acres
OFF-MARKET
Last Sale
Dec 10, 2024
$1,225,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-3083753
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

  • Lexington Diner / Restaurant

Property Details for 351 Lexington Ave

Year built
1930
Construction
METAL FRAME
Lot size
0.20 lot acres
Property size
3,194 SF
Zone code
B-C
Property type
Commercial real estate
APN
02 00008- 19-00030
APU
2000081900030

Description

This exceptional commercial property, located at 351 Lexington Avenue in Clifton, New Jersey, presents a unique investment opportunity. Priced at $1,500,000, the property is classified as "Other," indicating its versatility and potential for a wide range of uses. The exact square footage is currently unavailable, however, the property sits on a lot of zero acres, suggesting a building footprint that may be ideal for a smaller-scale commercial venture. Its Clifton location offers excellent access to major transportation routes, providing convenient commutes for employees and clients alike. The property's address, 351 Lexington Avenue, places it within a well-established commercial area, potentially benefiting from existing infrastructure and high visibility. Given the "Other" property type designation, prospective buyers are encouraged to conduct their own due diligence to determine the suitability of the property for their specific business needs and to explore the possibilities for development or renovation. The asking price represents a compelling entry point into the Clifton commercial real estate market, making this an attractive proposition for discerning investors seeking a strategic foothold in a thriving New Jersey community. Further information regarding zoning regulations, permitted uses, and any existing building structures is readily available upon request. Serious inquiries are welcome.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Clifton
County
Passaic
State
New Jersey
Longitude
-74.131
Latitude
40.8735
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
2022
$33,632
$310,000
$279,000
$589,000
-
$310,000
$279,000
$589,000
More about this property
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