Passaic County · Clifton
Sell Your Commercial Property In Clifton, NJ
Skyline Capital Investments buys commercial apartment buildings of 5+ units in Clifton and across Passaic County — listed or off-market, stabilized or value-add. Get clear feedback on your deal, typically within 48 hours.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Clifton Submarkets: Botany Village · Allwood · Athenia · Richfield — Passaic County, NJ
Local Demand
Our View On Clifton
Clifton, NJ is a Passaic County city of 89,379 residents where 40.4% of occupied homes are rented under ACS 2020-2024. Owners who sell commercial property in Clifton, NJ work with older apartment buildings, a 36.09% equalization ratio and a 6.129 general tax rate.
This profile uses Census, HUD, state and city sources to show rents, taxes and landlord rules in Clifton. Buildings with 5+ units hold 17.4% of Clifton homes, and 84.1% of the housing stock predates 1980.
Health care and education jobs
Educational services and health care employ 22.1% of employed Clifton residents, per ACS 2020-2024 table DP03.Transit commuters
Public transportation carries 9.0% of Clifton workers to work, per ACS 2020-2024 table B08301.Remote work
Another 12.5% of Clifton workers work from home, per ACS 2020-2024 table B08301.Our Buy Box
What We Buy In Clifton
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Clifton Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Clifton
Renters occupy 40.4% of Clifton's 33,614 occupied homes, per ACS 2020-2024 table B25003. That compares with 36.2% for New Jersey and 46.9% for Passaic County.
Buildings with 5+ units hold 17.4% of Clifton homes, per table B25024. Homes built before 1980 make up 84.1% of the stock, per table B25034. The median home was built in 1951, per table B25035. Clifton's median household income is $98,237, below New Jersey's $103,556, per table B19013.
Rents and affordability in Clifton
Clifton's median gross rent is $1,711 a month, against New Jersey's $1,720, per table B25064. Among Clifton renters, 55.0% spend 30% or more of income on rent, per table B25070. Severe burden, 50% or more of income, affects 29.7% of Clifton renters.
Under HUD's FY2027 fair market rents for the Bergen-Passaic, NJ HUD Metro FMR Area, a two-bedroom unit is $2,282.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,772 |
| One-bedroom | $1,987 |
| Two-bedroom | $2,282 |
| Three-bedroom | $2,771 |
| Four-bedroom | $3,497 |
Property taxes in Passaic County: a $2M Clifton example
Clifton's 2025 general tax rate is 6.129 per $100 of assessed value, with an effective rate of 2.193, per the NJ Division of Taxation. The Passaic County 2025 Abstract of Ratables sets its equalization ratio at 36.09%.
A $2,000,000 building assesses near $721,800, for a yearly bill of about $44,239. Owners who sell commercial property in Clifton, NJ also owe the realty transfer fee, $21,675 on a $2,000,000 deed. The added 1% graduated fee, $20,000 at that price, applies to Class 4A commercial parcels, defined as other than industrial or apartment.
Landlord rules in Clifton
Clifton's Chapter 363 rent control covers buildings of seven or more units, and units in four- to six-family buildings stay covered until vacated. Routine increases are capped at 3% with heat or air conditioning supplied and 2% without.
Owners who sell commercial real estate in Clifton, NJ should know that after a vacancy the landlord sets the new rent. New Jersey caps security deposits at 1 1/2 times one month's rent under N.J.S.A. 46:8-21.2, returned within 30 days after a lease ends.
What it means for an owner in Clifton
Clifton pairs a 40.4% renter share with a 2.193 effective tax rate. Anyone planning to sell commercial property in Clifton, NJ can budget $44,239 in annual tax and $21,675 in transfer fees on $2,000,000.
Skyline Capital Investments buys 5+ unit apartment buildings. To sell your apartment building in Clifton, run our cap rate calculator, then see how we buy apartment buildings.
Good To Know
What Shapes A Clifton Offer
More about selling in New Jersey →Investing in Clifton? See apartment syndications in Clifton →
- Selling commercial property in Clifton means pricing older stock: 84.1% of homes predate 1980, per ACS 2020-2024.
- Clifton rent control reaches buildings of seven or more units and caps routine increases at 3% or 2%.
- To sell commercial real estate in Clifton, NJ, budget $21,675 in realty transfer fees on $2,000,000.
Seller Guides
Your Situation, Handled — Clifton
Learn More
Taxes & Rules For Clifton Property
The New Jersey rules that shape any deal in Clifton: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Clifton Seller FAQ
What taxes apply when I sell commercial property in Clifton, NJ?
Sellers pay New Jersey's realty transfer fee, $21,675 on a $2,000,000 deed. Class 4A commercial parcels add a 1% graduated fee, $20,000 at that price. Clifton's 2025 general tax rate is 6.129 per $100 of assessed value.
How do I sell commercial real estate in Clifton, NJ with rent-controlled tenants?
Chapter 363 covers buildings of seven or more units and keeps four- to six-family units covered until vacated. Routine increases are capped at 3% or 2%, and after a vacancy the landlord sets the new rent and certifies it to the Housing Department.
How much of Clifton is renter-occupied?
Renters occupy 40.4% of Clifton's 33,614 occupied homes under ACS 2020-2024. Passaic County's renter share is 46.9%, and New Jersey's is 36.2%. Clifton sits above the state share but below the county share, per the Census Bureau.
Do buyers want Clifton apartment buildings?
Buildings with 5+ units hold 17.4% of Clifton homes, below New Jersey's 21.8%. HUD's FY2027 two-bedroom fair market rent is $2,282, 33% above Clifton's $1,711 median gross rent. Owners who sell multifamily property in Clifton can show that gap.
What is the effective property tax rate in Clifton?
The NJ Division of Taxation lists Clifton's 2025 effective tax rate at 2.193, with an equalization ratio of 36.09% and a general tax rate of 6.129 per $100. A $2,000,000 building assesses near $721,800 and owes about $44,239 a year.
Will you buy a Clifton property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
How does a sale to you work in Passaic County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Is it possible to sell rental property in Clifton without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
Do I need a broker to sell my apartment building in Clifton?
No. You can work with us directly, or your broker can bring the deal to us. Either way, conversations stay confidential.
Submit A Deal
Tell Us About Your Property In Clifton
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
