Turnkey 2-family investment property in Clifton's sought-after Lakeview neighborhood, offering strong income potential with built-in upside for investors. Both units feature 3 bedrooms, 1 full bath, updated kitchens with refrigerator, stove, and microwave, and in-unit laundry ââ?¬â? a major tenant draw that supports premium rents and lower vacancy. The walkout basement adds valuable additional living space to the 1st floor unit, while the finished attic includes a permit-approved full bathroom that extends living space for the 2nd floor unit, bringing the total to 3 full baths and creating real upside for higher rental income. Additional highlights include radiator steam heat, ceiling fans, and a 4-car driveway on a quiet street ââ?¬â? a rare and valuable amenity in this submarket. Situated just off Lakeview Ave with easy access to Garden State Parkway, Route 46, and I-80, this property offers strong commuter appeal to tenants. With tenants responsible for gas and electric and the landlord covering only water, owner-side utility exposure is minimal. At approximately 3,100 total square feet across 6 bedrooms and 3 full baths, both units recently updated and move-in ready, this is a compelling, low-capex addition to any income portfolio.
Portfolio Sale ââ?¬â?? 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.
Rare chance to own a spacious 2-family home in a highly sought-after neighborhood with strong upside potential. This property needs renovation and is being sold as-is, making it ideal for investors, contractors, or buyers looking to customize and add value. The home features two separate units with generous layouts, high ceilings, and plenty of natural light. Original details and solid bones offer the perfect foundation for a full restoration or modern update. Separate entrances and ample living space provide excellent flexibility for rental income, multi-generational living, or owner-occupancy with additional income potential. Situated on a convenient block close to transportation, shopping, schools, parks, and major highways, the location is the true standout. With strong demand in the area and endless possibilities, this is a great opportunity to create significant equity. Bring your vision and unlock the potential of this well-located multi-family property!
Fully renovated 2-family home (2024) offering modern finishes and excellent income potential. First floor features a spacious open-concept layout with a beautifully updated kitchen, quartz countertops, stainless steel appliances, and a center island, along with a primary bedroom with its own full bath, plus an additional full bathroom, and direct access to a fully finished ground level with additional bedroom, rec room, custom bar area, and laundryââ?¬â?ideal for extended living or flexible use. Second unit includes a renovated kitchen, updated bath, bright living area, and well-sized bedrooms. Exterior offers great curb appeal, a detached 2-car garage and driveway parking for up to 8 cars. Move-in readyââ?¬â?perfect for owner-occupant or investor.
Clifton is located in New Jersey. Clifton, New Jersey has a population of 89,460. Clifton is more family-centric than the surrounding county with 30.68% of the households containing married families with children. The county average for households married with children is 29.96%.
The median household income in Clifton, New Jersey is $86,616. The median household income for the surrounding county is $78,386 compared to the national median of $69,021. The median age of people living in Clifton is 39.7 years.
The average high temperature in July is 85.4 degrees, with an average low temperature in January of 21.1 degrees. The average rainfall is approximately 48.9 inches per year, with 25.3 inches of snow per year.