Clifton, NJ
Commercial Real Estate Market Trends & Data

Clifton's Demographic Profile

Clifton has 30,872 households and a median income of $86,218, providing context for rent absorption and tenant demand across retail and multifamily assets. A -3% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 87,129
# Households 30,872
Median age 40
Median household income $86,218
Avg household size 3.0
Renter-occupied housing units 13,206
5-year population change -3%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Clifton, NJ

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Clifton $235 9,546 SF 7.86%
Nutley $356 3,803 SF 8.00%
Garfield $331 7,700 SF 6.88%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Clifton $220 48,069 SF 7.86%
Nutley $107 11,054 SF 6.83%
Nearby Retail Markets Avg Cost/SF Typical Size
Clifton $301 9,720 SF
Passaic $310 12,556 SF
Passaic Park $310 12,556 SF
Upper Montclair $377 4,116 SF
Wallington $278 5,390 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Clifton $376 13,536 SF 7.84%
Passaic $384 11,773 SF 6.96%
Passaic Park $384 11,773 SF 6.96%
Wallington $323 2,945 SF 5.00%
Montclair $246 5,238 SF 7.22%

Commercial Properties For Sale in Clifton

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

EXISTING INCOME + FULLY APPROVED DEVELOPMENT

Clifton, NJ 07011

  • 8,086 SF Retail Building
  • $5,500,000
For Sale

160 Lanza Ave

Garfield, NJ 07026

  • 10,000 SF Office Building
  • 6.88% Cap Rate
  • $3,200,000
For Sale

$40,000/M rental income

Paterson, NJ 07503

  • 18,000 SF Specialty
  • 5.05% Cap Rate
  • $9,500,000
For Sale

Passaic Portfolio

Passaic, NJ

  • 6.16% Cap Rate
  • $7,350,000
For Sale

228 Washington Pl

Passaic, NJ 07055

  • 11,264 SF Retail Building
  • $3,000,000
For Sale

50 Jewell St

Garfield, NJ 07026

  • 2,094 SF Multifamily
  • $999,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Clifton pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Clifton $293 18,554 SF
Passaic $345 27,375 SF
Passaic Park $345 27,375 SF
Upper Montclair $510 3,069 SF
Wallington $386 14,486 SF

Regional Demographic Comparison

This comparison places Clifton alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Clifton or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Clifton 87,129 30,872 40 $86,218 3 13,206 -3%
Passaic 67,703 19,611 33 $47,383 3 15,371 -3%
Passaic Park 67,607 19,586 33 $47,325 3 15,361 -3%
Upper Montclair 12,988 4,043 39 $218,627 3 659 -2%
Wallington 9,871 4,033 42 $76,224 2 2,618 -6%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Clifton, NJ and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Clifton

View All Commercial Real Estate For Sale in Clifton
Is Clifton a good market for a first-time commercial real estate investor?

Clifton offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Clifton?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Clifton. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Clifton?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Clifton. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Clifton compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Clifton. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Clifton acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Clifton, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.