Northfield Retail Property For
221 Tilton Rd Northfield, NJ 08225
221 Tilton Rd, Northfield, NJ, 08225
$1,699,000
For Sale
$1,699,000
8,800 SF retail property with high visibility and accessibility.
Property Size8,800 SF
Lot Size0.69 Acres
Price / SF$193.07
Days on Market210
Property Features for 221 Tilton Rd
General Information
- Standard status
- Active
- Property type
- Retail space, Individual retail properties, Retail properties & Spaces, Storefront properties
- Size
- 8,800 SF
- Lot size
- 0.69 Acres
Building Details
- Year Built
- 1994
Listing Office
Berkshire Hathaway HomeServices Fox & Roach REALTORS Northfield
Listed by
Richard · License #8436462
Added: Dec 23, 2025 Updated: Mar 16 at 9:06 am
Investment Insights
Based on property information with market context.
This retail property, located in Northfield, New Jersey, offers 8,800 square feet of space on a 0.69-acre lot. The property is intended for retail use and features high visibility and accessibility.
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 | $132.0k | $15.00 |
| − Vacancy | −$11.2k | −$1.28 |
| EGI | $120.8k | $13.73 |
| − OpEx | −$36.2k | −$4.12 |
| NOI | $84.5k | $9.61 |
8,800 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.21M
$1.06M – $1.41M
NOI $84,546 @ 7.0% cap · market cap 4.98%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$3.28M
$2.87M – $3.82M
NOI $229,394 @ 7.0% cap · market cap 13.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Charity Center Thrift
Discount Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - 8,800 SF retail property with high visibility and accessibility.
Where is this retail space located?
The property is located at 221 Tilton Rd Northfield, NJ.
What is the asking price?
The asking price for this property is $1,699,000.
