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86 Center St
Clifton, NJ 07011
Multifamily Property For Sale
·
6 Units
Investment Highlights
- 90% occupancy
- Value-add
- Renovated units
Executive Summary
Great opportunity to own a solid as-is 6-family building in a desirable Clifton location. The property features six spacious 3-bedroom, 1-bath units, all with strong rental appeal and excellent long-term upside. Conveniently located near major highways, transportation, shopping, and schools, this is an ideal value-add investment for buyers looking to enhance and maximize future returns.
Property Facts
| Price Per Unit | $275,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.05 AC |
| Cap Rate | 6.96% | Building Size | 3,699 SF |
| No. Units | 6 | Average Occupancy | 90% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1910/2024 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | R-B3 | ||
| Price Per Unit | $275,833 |
| Sale Type | Investment |
| Cap Rate | 6.96% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.05 AC |
| Building Size | 3,699 SF |
| Average Occupancy | 90% |
| No. Stories | 3 |
| Year Built/Renovated | 1910/2024 |
| Opportunity Zone |
Yes |
| Zoning | R-B3 |
Amenities
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1 | 6 | - | 750 |
Property Taxes
| Parcel Number | 02-00004-07-00027 | Improvements Assessment | $169,500 |
| Land Assessment | $90,000 | Total Assessment | $259,500 |
Property Taxes
Parcel Number
02-00004-07-00027
Land Assessment
$90,000
Improvements Assessment
$169,500
Total Assessment
$259,500
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