91 Clinton RdFairfield, NJ 07004

  • Office properties
  • 1,700 SF
For Lease
$15/SF/YR View listing

Property Details for 91 Clinton Rd

Year built
1988
Construction
TYPE NOT SPECIFIED
Property size (Sq ft)
1,700 SF
Zone code
R-1
Property type
Office properties
Property subtype
Other office properties
APN
07 00501-0000-00013-0000-C0005
APU
07005010000000130000C0005

Description

This exceptional Class B office condo in Clinton Plaza, Unit 1D, offers an outstanding value in the desirable West Essex submarket of Fairfield. Spanning just under 1,000 square feet, this traditional office space boasts newer carpeting and a private entrance, enhancing privacy and professionalism. The layout includes a welcoming reception area, followed by a spacious second office cleverly partitioned into two separate rooms, providing flexibility for various work styles and team configurations. One assigned parking space is included, along with convenient access to visitor parking. The unit's features are ideal for professionals seeking a well-appointed and functional workspace. Utilities are shared with the landlord, with tenants contributing a fixed monthly fee for shared expenses. The strategic location near Route 46 and Bloomfield Avenue ensures easy access to major transportation arteries, simplifying commutes and client visits. The minimum divisible space is 950 square feet, and the maximum contiguous space available is also 950 square feet, making this a perfect fit for a single professional or a small team. This is a multiple tenancy building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $281,061
    6.5%
    $259,441
    7%
    $240,909
  • Comparable approach

    Method
    Valuation
    Relative Method
    $222,122
    Geo Method
    $222,122
  • Alternative Use

    Use
    Valuation
    Residential
    $321,706
    Hospitality
    $294,681
    Educational
    $245,171
    Medical
    $253,603
    Retail
    $381,378
91 Clinton Rd, Fairfield, New Jersey

Location Insight

City
Fairfield
County
Essex
State
New Jersey
Latitude
40.8636
Longitude
-74.3147
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,712
$60,000
$125,300
$185,300
-
$60,000
$125,300
$185,300

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