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Investment Highlights
- 30-year tax abatement
- All electric property; tenants responsible for their utility usage
- Mixed-use component with commercial space creating additional income diversification
- Fully sprinklered
- Attractive unit mix with spacious one- and two-bedroom layouts
- 7-minute walk to the NJ Transit River Line
Executive Summary
Clinton Lofts is a newly constructed, three-story multifamily building with 30 units and one commercial space.
Property Facts
| Sale Type | Investment | Building Size | 30,000 SF |
| No. Units | 30 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | B |
| Sale Type | Investment |
| No. Units | 30 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Building Size | 30,000 SF |
| No. Stories | 3 |
| Year Built | 2025 |
| Parking Ratio | 0.7/1,000 SF |
| Opportunity Zone |
Yes |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Range
- Views
- Freezer
Site Amenities
- 24 Hour Access
- Picnic Area
- Recycling
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 590 - 650 |
| 2+1 | 13 | - | 818 |
| 2+1.5 | 13 | - | 1,153 |
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Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 11-13703-0000-00018 | Improvements Assessment | $0 |
| Land Assessment | $114,600 | Total Assessment | $114,600 |
Property Taxes
Parcel Number
11-13703-0000-00018
Land Assessment
$114,600
Improvements Assessment
$0
Total Assessment
$114,600
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