Hillside Commercial Property For
For Sale
$800,000
1455 Liberty Ave, Hillside, NJ 07205
4,400 SF commercial property with four active tenants.
Property Size4,400 SF
Lot Size0.17 Acres
Price / SF$181.82
Days on Market244
Property Features for 1455 Liberty Ave
General Information
Standard status
Active
Size
4,400 SF
Lot size
0.17 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$23,039
Amenities
Central air
Asphalt Shingle Roof
4+ Units Cooling
4+ Units Heating
Flat Roof
On-Street Parking
Wall A/C Unit(s) Cooling
Building Details
Year Built
1934
Listing Agency:
KELLER WILLIAMS REALTY WEST MONMOUTH
(732) 536-9010
Listed By:
JOSE SANCHEZ · License #1536927
(732) 416-4688
Source:
Corcoran
Added: Feb 17
Changed: Oct 19
Last Checked: Oct 19 at 6:35AM
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 REALTY WEST MONMOUTH
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Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$62,802
Cap Rate
7.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,040
$1.3M
Cap Rate 7%
$897,171
$897.2K
Cap Rate 9%
$697,800
$697.8K
Market Conditions
NOI Build-Up for 4,400 SF
Gross rent
$95.0K $21.60/SF
− Vacancy
−$5.3K −$1.21/SF
EGI
$89.7K $20.39/SF
− OpEx
−$26.9K −$6.12/SF
NOI
$62.8K $14.27/SF
Area
Union County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,256,040
Cap Rate 7%
$897,171
Cap Rate 9%
$697,800
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,395
Businesses Nearby
28k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
14,419 visits/mo
0.2 miles
Sunoco
Shops & Services
8,289 visits/mo
0.3 miles
Route 22 Toyota
Shops & Services
2,751 visits/mo
0.4 miles
Phillips 66
Shops & Services
2,576 visits/mo
0.4 miles
Demographics for 07205, NJ
22,432
Population
7,550
Households
3
Avg Household Size
39
Median Age
29%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
8,011
Density / Sq Mi
$98,558
Median Household Income
$47,633
Median Earnings
$1,712
Median Rent
$363,200
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?
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.
