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26410219
26410221

407 Clifton Blvd, Clifton, NJ 07013

SC
NJ NJ 1867493
Realty One Group
Listed by Realty One Group
$1,299,000
290 days on market
Updated 62 days ago

405-407 Clifton Boulevard

Details
APN 1602_29.10_6
Property Type Multifamily
Sub Type Single Family Rental Portfolio
Square Footage 3,408
Net Rentable (SqFt) 3,408
Units 4
Cap Rate 6.87%
NOI $89,190
Occupancy 100%
Pro-Forma Cap Rate 7.97%
Pro-Forma NOI $103,572
Price per SqFt $381
Broker Co-Op Yes
Class A
Year Built 1900
Year Renovated 2022
Buildings 3
Lot Size (SqFt) 11,025
Zoning R-B1
Parking Spaces 6 spaces
Parking Per SqFt 1.76
Investment Type Value Add
Ownership Corporate

Legal 4-Family on Huge Lot w/ 3 Buildings – Strong Cash Flow & Redevelopment Potential!

Marketing description


405-407 Clifton Blvd presents a unique chance to acquire a fully legal 4-family property spread across three separate buildings on an 11,025 sq ft lot in the highly desirable RB-1 zone of Clifton. This well-maintained property consists of:

  • Single Family: 3BR/2BA, living/dining, open kitchen, finished basement w/ 2 bonus rooms (1,068 SF)

  • Two-Family: (2) spacious 2BR/1BA, living/dining units, each 940 SF

  • Rear Bungalow: 1BR/1BA w/ living room, kitchen & enclosed porch (460 SF)
    Exclusive driveway fits 6+ cars. Ideal for investors seeking multiple income streams or developers looking to maximize RB-1 zoning potential. Close to highways, public transit, shopping, and dining.

All units virtual tours:

405 Clifton Boulevard (Rear)

https://www.zillow.com/view-imx/b08c8ff8-8bf9-428e-9941-1d475c7182a5?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

407 Clifton Boulevard (Two Family)

1st Floor Unit


https://www.zillow.com/view-imx/e652dd25-24da-4fa9-a888-983bddf4789e?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

2nd Floor Unit

https://www.zillow.com/view-imx/5a9ef790-affd-4571-94b3-6fd1112017ce?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

405 Clifton Boulevard (Single Family)

https://www.zillow.com/view-imx/274339d2-a05b-47bc-adbf-f1c206650a5f?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Investment highlights

  • Rare Configuration: Three buildings, four legal units on one lot.

  • High Rental Demand: Strong market in Clifton, near NYC transit.

  • Value-Add Potential: Renovation & rent increase opportunity.

  • Generous Parking: 6+ car exclusive driveway.

  • Large Lot & Zoning: 11,025 SF in RB-1 zone – future redevelopment possibilities.

  • Multiple Income Streams: Four independent rental units.

Listing Contacts

SC
NJ NJ 1867493
Realty One Group
Listed by Realty One Group

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$89,190.00
$7,432.50/mo

Valuation Metrics

0
DSCR
6.87%
Cap Rate
6.87%
ROI

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Additional Information

Name
Sol Castanos
License
NJ 1867493
Brokerage Address
600 Getty Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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