Turnkey Antique & Luxury Retail
414 Raritan Street Highland Park, NJ 08904
414 Raritan Street, Highland Park, NJ, 08904
$195,000
For Sale
$195,000
SINGLE_FAMILY - Highland Park, NJ
Property Size1,000 SF
Price / SF$195
Days on Market124
Property Features for 414 Raritan Street
General Information
- Property type
- Residential
- Property subtype
- Retail
- Parking features
- Open, On Street
- Security features
- Security System
- Interior features
- Storage Area Leased
- Exterior features
- Security System
- Standard status
- Active
- Size
- 1,000 SF
Utilities
- Heating system
- Central, Hot Water(Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Additional Structures
- Storage
Listing Agency
KELLER WILLIAMS ELITE REALTORS
(732) 549-1998
481 MEMORIAL PARKWAY, Metuchen, NJ
Listed by
Michael Mcdonald
(732) 549-1998
Added: Mar 17 Checked: Jul 18 at 1:06 pm
MLS# 2612310R
Copyright © 2026 All Jersey 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 20-year-established antique retail operation offers approximately 1,000 square feet of storefront space and a fully stocked, diverse inventory package. Included offerings span fashion and luxury items such as Giovanni wedding dresses, vintage clothing and hats, and mink/beaver furs. The mix also includes fine jewelry with genuine gold, silver, and gold-plated pieces, along with Uno de 50 selections. Decor and art are part of the merchandising as well, including Waterford brand crystals and handmade oil paintings. The business is positioned as a turnkey opportunity, supporting both in-store sales and online sales using the existing product base.
Located at 414 Raritan Street in Highland Park, NJ 08904, the property benefits from a prime main-street setting with high visibility and foot traffic. The shop is described as close to the post office, providing convenient access for nearby customers.
For an experienced retailer or a motivated entrepreneur, this is an opportunity to step into a respected, established business with a loyal, year-round clientele. With the inventory already in place and a mature customer base, the operation is well suited for continuing current retail activity while expanding online sales channels using the breadth of merchandise offered.
Located at 414 Raritan Street in Highland Park, NJ 08904, the property benefits from a prime main-street setting with high visibility and foot traffic. The shop is described as close to the post office, providing convenient access for nearby customers.
For an experienced retailer or a motivated entrepreneur, this is an opportunity to step into a respected, established business with a loyal, year-round clientele. With the inventory already in place and a mature customer base, the operation is well suited for continuing current retail activity while expanding online sales channels using the breadth of merchandise offered.
Key Highlights
- Established antique store with approximately 1,000 sq ft of retail space
- Heating includes hot water heating; cooling includes central air
- Public water service; includes security system and storage area
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 | $21.6k | $21.60 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $20.4k | $20.39 |
| − OpEx | −$6.1k | −$6.12 |
| NOI | $14.3k | $14.27 |
1,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$203.9K
$178.4K – $237.9K
NOI $14,273 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Highland Flower — 75 Raritan Ave, Highland Park, NJ 08904
- Avalon Designs LLC — 114 Raritan Ave, Highland Park, NJ 08904
FAQs
What type of property is this?
Storefront property - Turnkey, 20-year-established retail space with diverse antique and luxury inventory, built for in-store and online sales.
Where is this storefront property located?
The property is located at 414 Raritan Street Highland Park, NJ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Established antique store with approximately 1,000 sq ft of retail space; Heating includes hot water heating; cooling includes central air; Public water service; includes security system and storage area
