426 Clifton Avenue

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426 Clifton Avenue

Lakewood, NJ 08701
Asking Price
$999K
Asset Type
Office
Class
Class B

What's Special

426 Clifton Avenue is situated in the central business district of Lakewood, New Jersey. The property is located within a high-density corridor characterized by a mix of established retail storefronts, professional offices, and corporate headquarters. Nearby amenities include a variety of local restaurants, banking centers, and government offices, all within walking distance. The location offers direct access to Route 9 and is positioned near major regional thoroughfares, including the Garden State Parkway and Route 70. Public transportation options are available via local NJ Transit bus routes serving the immediate area. This property is configured for professional office use, suited for firms requiring a centralized location within the township. The layout and zoning support a variety of occupants, including legal practices, accounting firms, and healthcare administrative offices. The asset is well-positioned for local service providers seeking proximity to the municipal center and the regional commercial hub. It serves as an ideal base for small to mid-sized businesses looking for functional workspace within a high-traffic pedestrian and vehicular environment.

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NOI
$80,000
Cap Rate
8.01%
DSCR
1.35
Strong
Cash-on-Cash
6.90%
Monthly Payment
$4,942.507
Annual Cash Flow
$20,689.917

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