Retail Space with Private
For Sale
Contact for pricing
113 Main St, Hackettstown, NJ 07840
Commercial unit suited to retail or professional use, with employee parking and a Main Street presence.
Property Size1,162 SF
Price / SF$1.68
Days on Market76
Property Features for 113 Main St
General Information
Standard status
Active
Size
1,162 SF
Total Parking Spaces
2
Building Details
Year Built
1985
Listing Agency:
EXIT REALTY CONNECTIONS
Listed By:
DEBRA SAYER · License #0784597
(908) 854-4288
Source:
Luminancerealty
Added: Aug 2
Changed: Oct 9
Last Checked: Oct 15 at 3:06AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXIT REALTY CONNECTIONS
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Investment Insights
Based on property information with market context.
This retail space provides approximately 1,162 square feet within a commercial unit built in 1985. The property is positioned for retail or professional use and includes two designated private parking spaces for employees.
Located on Main Street in Downtown Hackettstown, the space is near shops, restaurants, and public parking. Its central setting supports convenient access for customers, employees, and visitors seeking a storefront or professional commercial location.
Located on Main Street in Downtown Hackettstown, the space is near shops, restaurants, and public parking. Its central setting supports convenient access for customers, employees, and visitors seeking a storefront or professional commercial location.
Key Highlights
- Approximately 1,162 sq ft commercial unit
- Retail or professional‑use configuration
- Two designated private parking spaces for employees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,353
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,060
$267.1K
Cap Rate 7%
$190,757
$190.8K
Cap Rate 9%
$148,367
$148.4K
Market Conditions
NOI Build-Up for 1,162 SF
Gross rent
$20.9K $18.00/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$19.1K $16.42/SF
− OpEx
−$5.7K −$4.92/SF
NOI
$13.4K $11.49/SF
Area
Warren County, NJ
Vacancy
8.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,060
Cap Rate 7%
$190,757
Cap Rate 9%
$148,367
Alternative Uses
Best Use
Office B
$261.3K
$228.6K – $304.9K
NOI $18,291 @ 7.0% cap · market cap 938.00%
Second Best
Retail
$190.8K
$166.9K – $222.6K
NOI $13,353 @ 7.0% cap · market cap 684.77%
Theoretical Best
Warehouse
$438.4K
$383.6K – $511.5K
NOI $30,687 @ 7.0% cap · market cap 1,573.69%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
834
Businesses Nearby
Explore this area
Business Placement
Demographics for 07840, NJ
31,255
Population
12,974
Households
2.4
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
37.3 sq mi
ZIP Area
838
Density / Sq Mi
$107,956
Median Household Income
$54,886
Median Earnings
$1,469
Median Rent
$373,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Commercial unit suited to retail or professional use, with employee parking and a Main Street presence.
Where is this retail space located?
The property is located at 113 Main St Hackettstown, NJ.
What are key features of this property?
This property features: Approximately 1,162 sq ft commercial unit; Retail or professional‑use configuration; Two designated private parking spaces for employees
