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128 Highland Ave, Clifton, NJ, 07011

--beds
--baths
--sqft
$1,300,000
--price/sqft
$9,579/moest. monthly cost
$383,160/yrincome needed

About This Home

Exceptional investment opportunity to own a fully occupied 6-unit apartment building with a basement in one of Clifton's most desirable neighborhoods. This solid two-story brick building features six 1-bedroom, 1-bath apartments, all currently rented with leases in place, providing immediate and steady rental income. The property also includes 16 parking spaces, offering an additional source of income. There is excellent value-add potential for future investors by installing a coin-operated laundry facility or leasing basement storage bins to tenants, while also increasing revenue through tenant parking fees. Recent improvements include a new roof and a newer water heater, minimizing near-term capital expenses. Conveniently located near schools, shopping, public transportation, and major highways, this property is well-positioned in a high-demand rental market. Proof of funds or mortgage pre-approval is required before showings can be scheduled.

Getting Around

87
WalkingVery Walkable
50
TransitGood Transit
56
BikeBikeable

Schools

4/10
School #12Grades PK-50.4 mi
2/10
Clifton High SchoolGrades 9-121.9 mi

Construction

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Mixed Use

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Strong Wind
Winter Weather
Cold Wave
Heat Wave
Lightning

FEMA Declared Disasters Across New Jersey Counties

Fire
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $6,573$78,876
Home Insurance *$365$4,380
Property Taxes $2,448$29,376
Electricity $193$2,318
Total$9,579$114,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$328,422/yr
40% on housing$287,370/yr
45% on housing$255,440/yr

New Jersey FAIR Plan Programs

New Jersey Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 7,029Commercial: 173
Total Premiums$5.54M
Total Exposure$1.19B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.5%
10.5%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 07011$329
Passaic County$341

vs Homes Sold Last Month

Median $/sqft

ZIP 07011$410
Passaic County$345

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-16Listed for sale$1,300,000

For Sale by Agent

AgentRyia Iosif
BrokerageRE/MAX Properties-Saddle River

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