Building Details

Building Size 800 SF

Listing Agency: JK Realty

Listed By: JOSEPH SIANO · License #2294003 Show Phone

Source: Evrealestate

Added: Jul 14 Changed: Sep 22 Last Checked: Oct 5 at 6:00PM

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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.

Key Highlights

• 227 Parker Ave, Clifton City, NJ 07011
• Window‑unit cooling
• Natural gas service

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$11,419

Cap Rate

9.14%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$228,380 $228.4K

Cap Rate 7%

$163,129 $163.1K

Cap Rate 9%

$126,878 $126.9K

Market Conditions

NOI Build-Up for 800 SF

Gross rent

$17.3K $21.60/SF

− Vacancy

−$968 −$1.21/SF

EGI

$16.3K $20.39/SF

− OpEx

−$4.9K −$6.12/SF

NOI

$11.4K $14.27/SF

Area

Passaic 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%

$228,380

Cap Rate 7%

$163,129

Cap Rate 9%

$126,878

Alternative Uses

Best Use

Specialty Retail

$174.8K

$152.9K – $203.9K (±1% cap)

NOI $12,234 @ 7.0% cap · market cap 9.79%

Second Best

Retail

$163.1K

$142.7K – $190.3K (±1% cap)

NOI $11,419 @ 7.0% cap · market cap 9.14%

Theoretical Best

Office A

$208.9K

$182.8K – $243.7K (±1% cap)

NOI $14,623 @ 7.0% cap · market cap 11.70%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Rccnatural salón Hair Salon George's Coffee Shop Restaurant Sandy Nails Art Nail Salon

Suggested Use

Top Pick Parking Lot & Garage Veterinary Clinic Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Pet Store & Service Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,840

Businesses Nearby

331k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 45% Dining 22% Home Improvements & Furnishings 18% Groceries 7%

The Home Depot Home Improvements & Furnishings

60,202 visits/mo 0.3 miles

Wawa Shops & Services

50,531 visits/mo 0.4 miles

McDonald's Dining

44,060 visits/mo 0.2 miles

Five Below Shops & Services

38,545 visits/mo 0.1 miles

Dollar Tree Shops & Services

24,742 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

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this coffee shops located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

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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 $125,000.

What are key features of this property?

This property features: 227 Parker Ave, Clifton City, NJ 07011; Window‑unit cooling; Natural gas service