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500 Clifton Ave 2,784 SF Retail Building Clifton, NJ 07011 $1,559,040 ($560/SF) 5.50% Cap Rate
Investment Highlights
- Prime visibility along a major Clifton commercial corridor.
- Excellent access to Routes 3, 21, and 46.
- Strong regional retail and commuter demographics.
- Strong surrounding population density and consumer traffic.
- Stable income and long-term value-add potential.
- Flexible repositioning or adaptive reuse opportunity.
Executive Summary
500 Clifton Ave is strategically located along a high-traffic commercial corridor in Clifton, NJ, surrounded by dense residential neighborhoods and strong retail activity.
The property benefits from excellent visibility and direct access to Routes 3, 21, and 46, supporting consistent tenant demand and long-term investment stability.
The asset offers a compelling opportunity for stable cash flow, future lease-up potential, or value-add repositioning within a supply-constrained Northern New Jersey market.
The property benefits from excellent visibility and direct access to Routes 3, 21, and 46, supporting consistent tenant demand and long-term investment stability.
The asset offers a compelling opportunity for stable cash flow, future lease-up potential, or value-add repositioning within a supply-constrained Northern New Jersey market.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
2,784 SF
Building Class
B
Year Built
2007
Price
$1,559,040
Price Per SF
$560
Cap Rate
5.50%
NOI
$85,747
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.45 AC
Zoning
B-C
Frontage
171’ on Clifton Ave
Exceptionally walkable
90/100
Very drivable
80/100
Some public transit
40/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-00012-01-00027 | Improvements Assessment | $147,700 |
| Land Assessment | $452,300 | Total Assessment | $600,000 |
Property Taxes
Parcel Number
02-00012-01-00027
Land Assessment
$452,300
Improvements Assessment
$147,700
Total Assessment
$600,000
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500 Clifton Ave
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