Property profile

91 Clinton Rd Ste 2a Fairfield, NJ 07004

OFF-MARKET
Office Spaces
Property ID
US59-0437885
1,700 SF Built 1988
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Class B office condo in Clinton Plaza, Unit 1D, offers an outstanding value in the desirable West Essex submarket of Fairfield. Spanning just under 1,000 square feet, this traditional office space boasts newer carpeting and a private entrance, enhancing privacy and professionalism. The layout includes a welcoming reception area, followed by a spacious second office cleverly partitioned into two separate rooms, providing flexibility for various work styles and team configurations. One assigned parking space is included, along with convenient access to visitor parking. The unit's features are ideal for professionals seeking a well-appointed and functional workspace. Utilities are shared with the landlord, with tenants contributing a fixed monthly fee for shared expenses. The strategic location near Route 46 and Bloomfield Avenue ensures easy access to major transportation arteries, simplifying commutes and client visits. The minimum divisible space is 950 square feet, and the maximum contiguous space available is also 950 square feet, making this a perfect fit for a single professional or a small team. This is a multiple tenancy building.

Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1988
Construction TYPE NOT SPECIFIED
Total area 1,700 SF
Zoning code R-1
APN 07 00501-0000-00013-0000-C0005
UPID US59-0437885

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building
  • Property Management Company
  • Loan Service Bank
  • Accounting Firm

Location

91 Clinton Rd Ste 2a Fairfield, NJ 07004-2917
Fairfield metro Census 21601 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$385k

Owner & transaction history

since 2019
1 recorded transaction
2019
$155,000

Zoning & alternative use

R-1 · Fairfield, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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