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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.
Full Property Details
Full Property Details for 59-63 Valley Rd
General
- Price: $2,000,000
- Taxes: $13,655 (2025)
- Status: Active
- Type: Apartment
- Source: Garden_State
- MLS ID: 4029350
- Updated: 5/21/2026
- Added to Site: 1 day(s) ago
Business
- Includes: Building Only
Rental Information
- Lease/Rent Term: Gross
- Lease Includes: Building Insurance, Taxes
- Lease Terms: Month-To-Month
Rooms
Bathrooms
- Total Bathrooms: 6
- Restrooms: 9
Additional Information
- Equipment: See Remarks
Parking
- Garage Spaces: 21
- Parking: Driveway-Shared, Off-Street Parking, See Remarks
Location
- County: Passaic
- Driving Directions: Valley Road
- Location Details: See Remarks
Heating & Cooling
- Cooling Type: Ductless Split AC, Window A/C(s)
- Heating Type: Radiators - Hot Water
- Heating Fuel: Natural Gas
Utilities
- Sewer: See Remarks
- Water: See Remarks
- Utility Description: See Remarks
Structural Information
- Construction: See Remarks
- Exterior Const.: See Remarks
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: See Remarks
- Ceiling Height: 8
- Stories in Building: 3
- Square Feet: 8,400
- Year Built: 1930
Unit Information
- 1 Bedroom Units: 5
- Units w/Full Bath: 6
Lot Features
- Lot Size (Acres): 0.17
- Lot Size: 57X250 43X140
- Zoning: Residential
Financial Considerations
- Price Per Sq. Ft.: $238
- Assessment Amount: $222,800
- Land Assmt: $102,000
- Tax Amount: $13,655
- Tax Year: 2025
- Owner Pays: Sewer
- Tenant Pays: Electric, Gas
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Income & Expenses, Survey Available
- APN: 2502-00014-0012-00034-0000-
- Block: 14.12
- Lot Number: 34
Listed by J. Michaels Realty, Oradell
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Price & Sales History for 59-63 Valley Rd
Date
Details
Price
Change
Source
5/21/2026
Listed
$2,000,000
244.83%
MLS
8/16/2007
Sold
$580,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 59-63 Valley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,225
2%
$222,800
—
2023
$12,909
1%
$222,800
—
2022
$12,722
4%
$222,800
—
2021
$12,198
1%
$222,800
—
2018
$12,082
1%
$222,800
—
2017
$11,951
2%
$222,800
—
2016
$11,719
1%
$222,800
—
2015
$11,606
-4%
$222,800
—
2019
$12,152
10%
$222,800
—
2013
$11,078
—
$222,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 59-63 Valley Rd
59-63 Valley Rd, Clifton, NJ 07013 (MLS# 4029350) is a Apartment property. 59-63 Valley Rd is currently listed for $2,000,000 and was received on May 21, 2026. Want to learn more about 59-63 Valley Rd? Do you have questions about finding other Apartment real estate for sale in Clifton? You can browse all Clifton real estate or contact a Coldwell Banker agent to request more information.

