Cliffside Park, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Cliffside Park, New Jersey Market population: 24K. Browse multifamily, office, retail, industrial, and mixed-use...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Cliffside Park NJ Properties: 2.6800%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Cliffside Park NJ
Common questions from investors exploring commercial real estate in Cliffside Park NJ.
What is the overall investment potential of Cliffside Park, NJ?
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The combination of a relatively low poverty rate of 11.8%, a high health insurance coverage rate of 85.0%, and a diverse economy with top industries like Information and Finance & Insurance suggests a stable investment market with a strong potential for rental income and property appreciation, especially considering the median household income of $62,364 and the median property value of $393,700.
How does the demographic diversity of Cliffside Park impact real estate investment?
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The town's ethnic diversity, with top ethnicities including White, White Non-Hispanic, and Hispanic, combined with a high foreign born rate of 43.8%, indicates a culturally rich and potentially resilient rental market, which can be attractive for investors looking for a stable and diverse tenant base, and with an average commute time of 32.8 minutes, the town's infrastructure supports a convenient lifestyle for residents.
What are the key factors to consider for assessing tenant quality in Cliffside Park?
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The 11.8% poverty rate, although relatively low, combined with the 85% health insurance coverage, suggests a working-class market with employment stability, and considering the top industries like Information and Finance & Insurance, which tend to offer stable employment, investors can expect a reliable tenant base, especially with the median household income of $62,364 providing a foundation for rent payments.
How does the local economy and employment market influence real estate investment in Cliffside Park?
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The presence of top industries such as Information, Finance & Insurance, and Wholesale Trade, along with a median household income of $62,364 and an employed population of 11,757, indicates a strong and diverse local economy, which can support a stable demand for housing and potentially drive property appreciation, and with a GINI coefficient of 0.483, there is a relatively balanced income distribution.
What role does quality of life play in the attractiveness of Cliffside Park as an investment destination?
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The average commute time of 32.8 minutes, the use of public transit as a top commute method, and the health insurance coverage rate of 85.0% all contribute to a high quality of life in Cliffside Park, making it an attractive location for residents and thus for real estate investors, who can expect a stable and appreciating market, especially considering the town's median property value of $393,700 and median property taxes of $5,021.
Cliffside Park NJ Real Estate & City Facts
Key facts and real estate information about Cliffside Park NJ.
What are some of the best neighborhoods to live in Cliffside Park?
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Some of the best neighborhoods to live in Cliffside Park include Winston Towers and Anderson Court, which offer skyline views and walkable streets. The southwest parts of the city tend to be more desirable, while the south regions have more affordable homes.
What are some fun things to do in Cliffside Park?
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There are plenty of fun things to do in Cliffside Park, such as visiting Christopher Columbus Park, Sun Tan City, and Lana's Place Organic Day Spa. You can also check out the American Dream and DreamWorks Water Park, or go hiking at the Giant Stairs in Alpine. Additionally, there are many great restaurants and shops to explore in the area.
What is the food scene like in Cliffside Park?
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The food scene in Cliffside Park is diverse and exciting, with many great restaurants to choose from. Some popular options include Minka Nikkei, Hakki Baba, Bloom Chicken, and Brazeiro Churrascaria. There are also plenty of great Italian restaurants, such as Rudy's Italian Restaurant and Villa Amalfi. And for a unique dining experience, be sure to check out Rustica Lounge Bar & Restaurant, which offers live music and bottomless brunch.
What are the pros and cons of living in Cliffside Park?
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The pros of living in Cliffside Park include its desirable location, with many great restaurants and shops to explore, as well as its proximity to New York City. The city also has a strong sense of community, with many parks and outdoor spaces to enjoy. However, some cons of living in Cliffside Park include the high cost of living, with expensive housing and taxes. Additionally, the city can be quite crowded and noisy, especially in the more densely populated areas.
Is Cliffside Park a good place to live?
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Overall, Cliffside Park is a great place to live, with its unique blend of urban and suburban charm. While it may have some drawbacks, such as high costs and crowds, the city's many advantages make it a desirable location for many people. From its diverse food scene to its many parks and outdoor spaces, Cliffside Park has something to offer for everyone. So if you're looking for a vibrant and exciting place to call home, Cliffside Park is definitely worth considering.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Cliffside Park NJ Commercial Property: $62,364
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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