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    Turnkey Commercial Building in Livingston Title is generated by Realmo AI

    104 S Livingston Ave, Livingston, NJ 07039

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    For Sale
    $975,000

    CommercialSale - Livingston Twp., NJ

    Property size:
    2,400 SF
    Lot size:
    0.20 Acres
    Price / SF:
    $406/SF
    Added:
    May 21, 2026
    Days on Market:
    1
    Last Refresh:
    May 21 at 6:06 pm

    Property Features for 104 S Livingston Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,400 SF
    Lot size
    0.20 Acres

    Taxes and HOA fees

    Tax Annual Amount
    17810

    Utilities

    Heating system
    Baseboard, Forced Air
    Cooling system
    Central Air, Multi Units

    Building Details

    Year built
    1954
    Flooring type
    Carpet, Laminate
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    We can help!

    Listing Contact
    Lenore Kiss

    Listing agent Lenore Kiss

    Listing office BHHS Fox & Roach Summit Regional Sales Office 392 Springfield Ave., NJ

    Listing date May 21, 2026

    MLS# 4029188 Listing URL

    Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turnkey 2400 sq ft commercial building in Livingston's desirable B‑1 Business Zone.
    • Move‑in‑ready interior with reception area, private offices, conference room, open work area, and finished basement with full kitchen and bath.
    • Excellent curb appeal with large display window, attractive awnings, and manicured landscaping.
    • Strong street presence and signage exposure for enhanced branding potential.
    • Dedicated on‑site parking and easy accessibility for clients and employees.
    • Flexible commercial potential with additional loft space and finished basement.

    Overview

    This attractive freestanding commercial building offers a rare opportunity to own a beautifully maintained turnkey property in the heart of Livingston's highly desirable B-1 Business Zone, within an established and affluent community known for its strong demographics and stable business environment. The 2400 sq ft property combines exceptional curb appeal, strong street presence, and flexible commercial potential. The first floor features a reception area, three private offices, a conference room, a large open work area, a copy room, and a half bath. The second floor offers a large loft suitable for storage or additional office space. The finished basement includes a full kitchen, a full bath, a sitting room, and storage. The exterior boasts a charming, residential-style architectural design that creates a warm and welcoming presence while maintaining strong professional visibility. A large front-facing display window, attractive awnings, manicured landscaping, and excellent signage exposure enhance the property's appearance and branding potential. Dedicated on-site parking and easy accessibility further add to the convenience for employees and clients. The property is currently used by an Insurance Agency with a polished, move-in-ready interior.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mike Petronella - State ... Insurance Agency RE/MAX Village Square ... Real Estate Agency Quick Fix Hardware & Home Improvement Construction Trade Associates ... Construction Company

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Essex
    State
    New Jersey
    Longitude
    -74.31464
    Latitude
    40.79254

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    FAQs

    What type of property is this?
    Office building - Freestanding 2400 sq ft commercial building in desirable location.
    Where is this office building located?
    The property is located at 104 S Livingston Ave Livingston, NJ.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Turnkey 2400 sq ft commercial building in Livingston's desirable B‑1 Business Zone.; Move‑in‑ready interior with reception area, private offices, conference room, open work area, and finished basement with full kitchen and bath.; Excellent curb appeal with large display window, attractive awnings, and manicured landscaping.
    (908) 578-2789
    We can help!
    Listing Contact
    Lenore Kiss
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    104 S Livingston Ave, Livingston Twp., NJ 07039
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