Pet Grooming
For Sale
$245,000
220 Park Avenue, East Rutherford, NJ 07073
An established grooming operation comes with staff and a customer base near commuter rail.
Property Size1,100 SF
Price / SF$222.73
Days on Market12
Property Features for 220 Park Avenue
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Business Opportunity
Additional Details
Business Included
Yes
Amenities
Central Air
Listing Agency:
Hudson Digs Realty
Listed By:
Alicja Jakubiec
(917) 684-2091
Source:
Evrealestate
Added: Oct 2
Changed: Oct 12
Last Checked: Oct 12 at 6:25PM
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 Hudson Digs Realty
Investment Insights
Based on property information with market context.
The storefront houses an operating dog grooming salon with staff and an established clientele of more than 300 animals. The business has operated since 2007 and carries a 4.6 Google rating. Its built-out salon setup supports an ongoing grooming operation, with staff and customers already in place.
At 220 Park Avenue in East Rutherford, the salon is one block from the Rutherford Train Station. The surrounding area includes homes, new development, dining, retail, and everyday services. The sale is presented as an acquisition of the operating grooming business.
At 220 Park Avenue in East Rutherford, the salon is one block from the Rutherford Train Station. The surrounding area includes homes, new development, dining, retail, and everyday services. The sale is presented as an acquisition of the operating grooming business.
Key Highlights
- Operating dog grooming salon with more than 300 animal clients
- Business operating since 2007; staff in place
- 4.6 Google rating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,701
Cap Rate
6.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,020
$314.0K
Cap Rate 7%
$224,300
$224.3K
Cap Rate 9%
$174,456
$174.5K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$23.8K $21.60/SF
− Vacancy
−$1.3K −$1.21/SF
EGI
$22.4K $20.39/SF
− OpEx
−$6.7K −$6.12/SF
NOI
$15.7K $14.27/SF
Area
Bergen 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%
$314,020
Cap Rate 7%
$224,300
Cap Rate 9%
$174,456
Alternative Uses
Best Use
Retail
$224.3K
$196.3K – $261.7K
NOI $15,701 @ 7.0% cap · market cap 6.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$287.2K
$251.3K – $335.1K
NOI $20,106 @ 7.0% cap · market cap 8.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
2,067
Businesses Nearby
351k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 30%
Shops & Services 26%
Home Improvements & Furnishings 11%
Apparel 10%
BJ's Wholesale Club
Superstores
105,212 visits/mo
0.5 miles
Marshalls
Apparel
35,957 visits/mo
0.4 miles
Lowe's
Home Improvements & Furnishings
34,863 visits/mo
0.4 miles
Dollar Tree
Shops & Services
25,598 visits/mo
0.4 miles
Aldi
Groceries
24,250 visits/mo
0.4 miles
Demographics for 07073, NJ
10,022
Population
4,325
Households
2.3
Avg Household Size
38
Median Age
45%
College-Educated
88%
High-School Grad
3.7 sq mi
ZIP Area
2,709
Density / Sq Mi
$91,789
Median Household Income
$59,221
Median Earnings
$1,867
Median Rent
$453,500
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
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Frequently Asked Questions
What type of property is this?
Storefront property - An established grooming operation comes with staff and a customer base near commuter rail.
Where is this storefront property located?
The property is located at 220 Park Avenue East Rutherford, NJ.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: Operating dog grooming salon with more than 300 animal clients; Business operating since 2007; staff in place; 4.6 Google rating
