Coffee Shop
For Sale
$149,000
227 Parker Ave, Clifton, NJ 07011
Existing utility features include window-unit cooling, natural gas, and on-street parking.
Property Size800 SF
Days on Market32
Property Features for 227 Parker Ave
General Information
Standard status
Active
Size
800 SF
Amenities
Window Unit(s)
Natural Gas
On Street
Building Details
Building Size
800 SF
Listing Agency:
JK REALTY
(973) 563-1449
Listed By:
JOSEPH SIANO · License #2294003
(973) 563-1449
Source:
Evrealestate
Added: Jul 14
Changed: Aug 12
Last Checked: Aug 14 at 5:02AM
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 JK REALTY
Investment Insights
Based on property information with market context.
This coffee shop property at 227 Parker Ave includes window-unit cooling and natural gas service. On-street parking is available along the property frontage.
The property is located in Clifton City, Passaic County, New Jersey, with access from Center St to Parker Ave.
The property is located in Clifton City, Passaic County, New Jersey, with access from Center St to Parker Ave.
Key Highlights
- 227 Parker Ave, Clifton City, NJ 07011
- Window‑unit cooling
- Natural gas service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$12,234
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.21%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$244,680
$244.7K
Cap Rate 7%
$174,771
$174.8K
Cap Rate 9%
$135,933
$135.9K
Market Conditions
NOI Build-Up for 800 SF
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.
Gross rent
$17.3K $21.60/SF
− Vacancy
−$968 −$1.21/SF
EGI
$16.3K $20.39/SF
− OpEx
−$4.1K −$5.10/SF
NOI
$12.2K $15.29/SF
Area
Passaic 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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$244,680
Cap Rate 7%
$174,771
Cap Rate 9%
$135,933
Alternative Uses
Best Use
Specialty Retail
$174.8K
$152.9K – $203.9K
NOI $12,234 @ 7.0% cap · market cap 8.21%
Second Best
Retail
$163.1K
$142.7K – $190.3K
NOI $11,419 @ 7.0% cap · market cap 7.66%
Theoretical Best
Office A
$208.9K
$182.8K – $243.7K
NOI $14,623 @ 7.0% cap · market cap 9.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,934
Businesses Nearby
270k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 32%
Groceries 8%
Apparel 7%
Wawa
Shops & Services
50,531 visits/mo
0.4 miles
McDonald's
Dining
44,060 visits/mo
0.4 miles
Five Below
Shops & Services
38,545 visits/mo
0.4 miles
Dollar Tree
Shops & Services
24,742 visits/mo
0.4 miles
Superfresh
Groceries
22,831 visits/mo
0.2 miles
Demographics for 07011, NJ
41,691
Population
14,198
Households
2.9
Avg Household Size
37
Median Age
23%
College-Educated
85%
High-School Grad
3.1 sq mi
ZIP Area
13,449
Density / Sq Mi
$73,589
Median Household Income
$41,323
Median Earnings
$1,613
Median Rent
$403,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Adonai vida saludable — 161 Market St, Passaic, NJ 07055
- Gerson Bakery & Cafe 2 — 919 Main Ave, Passaic, NJ 07055
- MR Frutitas — 150 Market St, Passaic, NJ 07055
- Delicias Chilangas — Passaic, NJ 07055
- refrescos naturales — 100 central ave, passaic, nj 07055
Frequently Asked Questions
What type of property is this?
Coffee shop - Existing utility features include window-unit cooling, natural gas, and on-street parking.
Where is this coffee shop located?
The property is located at 227 Parker Ave Clifton, NJ.
What is the asking price?
The asking price for this property is $149,000.
What are key features of this property?
This property features: 227 Parker Ave, Clifton City, NJ 07011; Window‑unit cooling; Natural gas service
