59-63 Valley Rd, Clifton City, NJ 07013
59-63 Valley Rd, Clifton City, NJ 07013
59-63 Valley Rd, Clifton City, NJ 07013
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$2,000,000
Est. payment /mo
7,405 Sqft Lot
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Key Details

Property Type Single Family Home

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 4029350

Year Built 1930

Annual Tax Amount $13,655

Tax Year 2025

Lot Size 7,405 Sqft

Property Sub-Type Mixed Use

Property 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.

Location

State NJ

County Passaic

Zoning Residential

Rooms

Basement Unfinished

Interior

Heating Gas-Natural

Cooling Ductless Split AC, Window A/C(s)

Equipment See Remarks

Heat Source Gas-Natural

Exterior

Exterior Feature See Remarks

Utilities Available See Remarks

Roof Type See Remarks

Building

Story 3

Sewer See Remarks

Water See Remarks

Others

Ownership Fee Simple


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Garden State MLS(GSMLS)
Listed by J. MICHAELS REALTY, ORADELL

NEARBY SCHOOL & BUSINESS

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LivX .

LivX .

+1(973) 221-0545

Broker | License ID: 1859462

Broker License ID: 1859462

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59-63 Valley Rd