facebook
TradedTraded
    Home
    Search
    Closings
    Listings
    On Market
    Off Market
    Add a listing
    Vaults
    shh
    Rankings
    News
    Data
    Socials
    More


Messages

Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

New Jersey

/

Office

/

Sale

/

1401 Broad Street

Dr. Clifford Sales Acquires Office Building At 1401 Broad Street Clifton For $3.05M
SOLDOffice

Dr. Clifford Sales Acquires Office Building At 1401 Broad Street Clifton For $3.05M

1401 Broad Street

$3,050,000

$160/SF

Building Size

19,000 SF

Asset Type

Office

Closing

Nov 12, 2025

AI

This office property, located at 1401 Broad Street in the Clifton market, was sold for a transaction amount of $3,050,000. The asset encompasses a total area of 19,000 square feet, reflecting a price per square foot of $160.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $3,050,000
  • Address: 1401 Broad Street
  • Market: Clifton
  • Square Footage: 19,000
  • Price per Square Foot: $160
  • Buyer: Dr. Clifford Sales
  • Broker: Michael Taccetta - Newmark Associates

Michael Taccetta of Newmark Associates served as the exclusive representative in this off-market sale, facilitating the transaction and ensuring a successful outcome for both parties involved.

Players

Michael Taccetta

Newmark Associates

Broker

$8.3M

vol

3 deals

Broker
Newmark Associates
Newmark AssociatesBrokerage

Clifton Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.20%

Cash-on-Cash

-1.49%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93