Storefront Restaurant
For Sale
$950,000
14-16 E Mount Pleasant Avenue, Livingston, NJ 07039
For sale retail storefront building suited for conventional restaurant use in Livingston, NJ.
Property Size2,000 SF
Price / SF$475
Days on Market115
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 14-16 E Mount Pleasant Avenue
General Information
Standard status
Active
Size
2,000 SF
Property subtype
Retail
Building Details
Building Size
2,000 SF
Listed By:
Jianning Meng
(917) 362-6003
Source:
Lee-associates
Added: Jun 23
Changed: Oct 4
Last Checked: Oct 14 at 8:03PM
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 Jianning Meng
Investment Insights
Based on property information with market context.
This for-sale storefront property offers approximately 2,000 square feet and is described as a conventional restaurant/retail building. The asset is positioned as a commercial space where a restaurant concept can be operated within a straightforward storefront format.
The property is located at 14-16 E. Mount Pleasant Avenue in Livingston, New Jersey. It is presented as a retail-oriented building, making it suitable for buyers or operators looking for a street-facing restaurant setup.
With its combined restaurant and storefront classification, the building is a practical fit for a tenant seeking a conventional restaurant environment rather than a specialized facility. Prospective users and investors should evaluate the space layout and existing improvements during due diligence, using the stated building size and commercial configuration as a starting point for planning their operation.
The property is located at 14-16 E. Mount Pleasant Avenue in Livingston, New Jersey. It is presented as a retail-oriented building, making it suitable for buyers or operators looking for a street-facing restaurant setup.
With its combined restaurant and storefront classification, the building is a practical fit for a tenant seeking a conventional restaurant environment rather than a specialized facility. Prospective users and investors should evaluate the space layout and existing improvements during due diligence, using the stated building size and commercial configuration as a starting point for planning their operation.
Key Highlights
- Retail storefront building with approx. 2,000 SF
- Suited for conventional restaurant use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,586
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,720
$611.7K
Cap Rate 7%
$436,943
$436.9K
Cap Rate 9%
$339,844
$339.8K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$43.2K $21.60/SF
− Vacancy
−$2.4K −$1.21/SF
EGI
$40.8K $20.39/SF
− OpEx
−$10.2K −$5.10/SF
NOI
$30.6K $15.29/SF
Area
Essex County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$611,720
Cap Rate 7%
$436,943
Cap Rate 9%
$339,844
Alternative Uses
Best Use
Specialty Retail
$436.9K
$382.3K – $509.8K
NOI $30,586 @ 7.0% cap · market cap 3.22%
Second Best
Retail
$407.8K
$356.8K – $475.8K
NOI $28,547 @ 7.0% cap · market cap 3.00%
Theoretical Best
Office A
$522.2K
$457.0K – $609.3K
NOI $36,557 @ 7.0% cap · market cap 3.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,177
Businesses Nearby
44k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 77%
Dining 16%
Electronics 2%
Home Improvements & Furnishings 2%
Chase Bank
Shops & Services
8,114 visits/mo
0.2 miles
TD Bank
Shops & Services
6,980 visits/mo
0.5 miles
Shell
Shops & Services
5,848 visits/mo
0.1 miles
Starbucks
Dining
4,070 visits/mo
0.1 miles
The UPS Store
Shops & Services
3,899 visits/mo
0.5 miles
Demographics for 07039, NJ
31,325
Population
10,684
Households
2.9
Avg Household Size
43
Median Age
73%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
2,270
Density / Sq Mi
$218,416
Median Household Income
$111,109
Median Earnings
$2,953
Median Rent
$746,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - For sale retail storefront building suited for conventional restaurant use in Livingston, NJ.
Where is this conventional restaurant located?
The property is located at 14-16 E Mount Pleasant Avenue Livingston, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Retail storefront building with approx. 2,000 SF; Suited for conventional restaurant use
