Multi-Tenant Retail and Gym
1455 Liberty Avenue Hillside, NJ 07205
1455 Liberty Avenue, Hillside, NJ, 07205
$800,000
For Sale
$800,000
COMMERCIAL - Hillside, NJ
Property Size4,400 SF
Lot Size0.17 Acres
Price / SF$181.82
Days on Market65
Property Features for 1455 Liberty Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Walk-Out Access
- Standard status
- Active
- APN
- 07-01102-0000-00001
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 23040
Utilities
- Sewer type
- Public Sewer
- Cooling system
- Window Unit(s), Electric
- Water source
- Public
Building Details
- Year built
- 1934
- Floors in Building
- 1
- Building materials
- Brick
- Roof type
- Flat, Shingle
Listing agency
Keller Williams City Life
(201) 659-8600
Listed by
Jose Sanchez · License #1536927
(201) 659-8600
Added: May 19 Updated: Jul 10 at 10:36PM Checked: Jul 22 at 3:06PM
MLS# 22614776
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale commercial property includes four active tenants, one of which is a fully renovated gym. The building is described as updated with electrical, drywall, and appliances, supporting a turnkey setup for an investor. Reported monthly rental income is approximately $7,500.
Located at 1455 Liberty Avenue in Hillside, New Jersey (Union County), the property is positioned near major highways and Newark Airport. The listing also references a surrounding mix of thriving businesses and residential neighborhoods.
Overall, the asset presents a multi-tenant configuration with a newly updated gym component and recent building updates identified in the remarks.
Located at 1455 Liberty Avenue in Hillside, New Jersey (Union County), the property is positioned near major highways and Newark Airport. The listing also references a surrounding mix of thriving businesses and residential neighborhoods.
Overall, the asset presents a multi-tenant configuration with a newly updated gym component and recent building updates identified in the remarks.
Key Highlights
- 4,400 SF commercial building built in 1934 with brick construction
- 4 active tenants generating approximately $7,500 in monthly rental income
- Includes a fully renovated gym tenant
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.0k | $21.60 |
| − Vacancy | −$5.3k | −$1.21 |
| EGI | $89.7k | $20.39 |
| − OpEx | −$26.9k | −$6.12 |
| NOI | $62.8k | $14.27 |
4,400 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$897.2K
$785.0K – $1.05M
NOI $62,802 @ 7.0% cap · market cap 7.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,425 @ 7.0% cap · market cap 10.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
Similar For Sale Nearby
Similar Off Market Nearby
- Secret Formula Fitness — 1192 Liberty Ave, Hillside, NJ 07205
- Secret Formula Meals — 1192A Liberty Ave, Hillside, NJ 07205
- Qui2Health — 1282 n broad st, hillside, nj 07205
- Hillside Sho-Kin Karate Academy — 1329 Liberty Ave, Hillside, NJ 07205
- REHAB BY QUI — 1282 N Broad St, Hillside, NJ 07205
FAQs
What type of property is this?
Fitness center & gym - Four active tenants, including a fully renovated gym, occupy this 4,400-sf commercial building.
Where is this fitness center & gym located?
The property is located at 1455 Liberty Avenue Hillside, NJ.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 4,400 SF commercial building built in 1934 with brick construction; 4 active tenants generating approximately $7,500 in monthly rental income; Includes a fully renovated gym tenant
