Properties

Description

Portfolio Sale " Value-Add Opportunity in Prime Location. Two adjacent properties offered as a package in a highly desirable neighborhood, presenting a compelling value-add opportunity. Combined, the portfolio consists of 6 apartment units and 3 retail units on approximately 13,300 sq ft of land. (1) 59 Valley Rd: Mixed-use building featuring three retail storefronts on the first floor and one residential unit on the lower level. Current commercial tenants include a dog groomer, salon, and facial studio. The residential unit is a legal 1-bedroom, 1-bath apartment. The property includes 11 on-site parking spaces, plus additional land behind the parking lot. Increased parking (on the additional land) may create an opportunity to add residential units above the retail, subject to local zoning and ordinance requirements. Variance may be required. Approximately 3,800 SF building situated on a 7,500 SF lot. Electric and gas are separately metered (4 each). (2) 63 Valley Rd: Multifamily building consisting of five units: four large one-bedroom apartments and one studio, each with a full bathroom. Includes 10 on-site parking spaces. Approximately 4,600 SF building on a 5,800 SF lot. Electric and gas are separately metered (5 each), plus an additional electric meter for common areas.

Features

  • Heating System : Radiators - Hot Water
  • Cooling System : Window A/c(s), Ductless Split Ac
  • Basement : Unfinished
  • Roof Deck : See Remarks
  • Tax Assessed Valuation: 222800
  • Sewer: See Remarks
  • Water: See Remarks

Appliances

  • Utilities: See Remarks
  • Internet

Additional Info

  • Office Name: J. MICHAELS REALTY, ORADELL
  • Office MLS ID: 5262
  • Agent ID: 302113
  • Tax: 13655
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: Residential

Commercial For Sale

For Sale
$2,000,000

59 Valley Rd, Clifton City, *

  • SQFT 57 Acre
  • Built Year 1930

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5432504
  • Price: $2,000,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1930
  • Year Built Description: Standing
  • Lot Area: 57 Acre
  • Status: Active
  • Days On Market: 32

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Passaic
  • City Clifton City
  • Zipcode *
  • Street: Valley Rd
  • Street Number: 59
  • Street Direction: Valley Road
  • Floor Number: 0
  • Longitude: W75° 49' 36.5''
  • Latitude: N40° 53' 45.9''
  • Internet Display Address: Yes
Property