About 992 Clifton Avenue
Located on a high-visibility main road in the heart of Clifton, NJ this fully renovated 5,040 sq. ft. commercial building offers exceptional potential for professional office use. Just resigned a new 10 year lease to current long-term stable tenants. The property generates a solid Net Operating Income (NOI) with a 7+% cap rate Situated in a highly desirable area known for attracting recession-resistant businesses, this asset promises long-term stability and minimal management concerns. With strong market fundamentals and a strategic location, this is an ideal opportunity for investors seeking consistent cash flow and dependable tenancy.
Features of 992 Clifton Avenue
| MLS® # | 22517785 |
|---|---|
| Price | $1,850,000 |
| Bathrooms | 0.00 |
| Square Footage | 5,040 |
| Acres | 0.17 |
| Year Built | 1970 |
| Type | Commercial Sale |
| Sub-Type | Commercial |
| Style | Medical |
| Status | Active |
Community Information
| Address | 992 Clifton Avenue |
|---|---|
| Area | Clifton (CLF) |
| City | Clifton |
| County | Passaic |
| State | NJ |
| Zip Code | 07013 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Parking Lot |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Fireplace | No |
| # of Stories | 2 |
Exterior
| Lot Description | Corner Lot |
|---|---|
| Roof | Flat |
| Construction | Brick |
Additional Information
| Short Sale | No |
|---|---|
| RE / Bank Owned | No |
Listing Details
| Agent | Jonathan Simhayoff |
|---|---|
| Office | Keller Williams Realty Central Monmouth |