Hillside Commercial Property For
1455 Liberty Ave Hillside, NJ 07205
1455 Liberty Ave, Hillside, NJ, 07205
$800,000
For Sale
$800,000
4,400 SF commercial property with four active tenants.
Property Size4,400 SF
Lot Size0.17 Acres
Price / SF$181.82
Days on Market154
Property Features for 1455 Liberty Ave
General Information
- Standard status
- Active
- Size
- 4,400 SF
- Lot size
- 0.17 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1934
Listing Agency
KELLER WILLIAMS CITY LIFE REALTY
(201) 659-8600
Listed by
JOSE SANCHEZ · License #1536927
Source
Corcoran
Added: Feb 17 Updated: Jul 6 at 10:02 am Checked: Jul 20 at 3:50 am
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 KELLER WILLIAMS CITY LIFE REALTY
Investment Insights
Based on property information with market context.
This 4,400 square foot commercial property is located in Hillside, NJ. The property features four active tenants and generates approximately $7,500 in monthly rental income. The building has updated electrical, drywall, and appliances. It is located near major highways, Newark Airport, thriving businesses, and residential neighborhoods, offering high visibility and consistent foot traffic. One of the tenants is a fully renovated gym. This well-maintained commercial space is suitable for investors looking for steady cash flow and long-term success.
Key Highlights
- Generates approximately $7,500 in monthly rental income.
- 4,400 sq/ft commercial property with 4 active tenants.
- Turnkey asset with updated electrical, drywall, and appliances.
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
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 4,400 SF commercial property with four active tenants.
Where is this retail space located?
The property is located at 1455 Liberty Ave 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: Generates approximately $7,500 in monthly rental income.; **4,400 sq/ft commercial property with 4 active tenants.**; Turnkey asset with updated electrical, drywall, and appliances.