Building Details

Building Size 510 SF

Stories 2

Listing Agency: AMERICA AGENCY

Listed By: Michael Cekot Show Phone

Source: Lacerdarealtors

Added: Oct 29 Last Checked: Oct 29 at 2:47PM

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Investment Insights

Based on property information with market context.

This storefront offers 510 square feet of retail space, with a basement providing another 500 square feet for storage. A renovation completed two years ago included new flooring, a replacement ceiling, and an updated bathroom.

The property is on Raritan Avenue in Highland Park, New Jersey, along a busy main street with pedestrian traffic. It is zoned CBD.

Key Highlights

• 510 SF storefront with 500 SF of basement storage
• Renovation two years ago included new floors, ceiling, and bathroom
• CBD zoning

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Electrical Service Catering Service Carpet & Flooring Store Butcher Tattoo & Piercing Shop 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.

Lease Details

NNN (Triple Net)

Lease Type

$9.32 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,257

Businesses Nearby

32k

Monthly Visits Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Groceries 48% Shops & Services 40% Dining 12%

Superfresh Groceries

15,207 visits/mo 0.2 miles

Lukoil Shops & Services

7,194 visits/mo 0.3 miles

Bank of America Shops & Services

5,463 visits/mo 0.4 miles

Papa John's Pizza Dining

2,482 visits/mo 0.3 miles

Pad Thai Dining

1,395 visits/mo 0.1 miles

Demographics for 08904, NJ

15,072

Population

6,858

Households

2.2

Avg Household Size

36

Median Age

70%

College-Educated

94%

High-School Grad

1.8 sq mi

ZIP Area

8,373

Density / Sq Mi

$101,991

Median Household Income

$58,786

Median Earnings

$1,881

Median Rent

$463,600

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

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$1,950/Mo

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Furnished First-Floor Office Suite

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$685/Mo

1,700 sqft

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Office Building with Six Offices

24 N 3rd Avenue, Highland Park, NJ 08904

$275 SF/Yr

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Lower-Level Fitness Center

233 Raritan Avenue, Highland Park, NJ 08904

$1,000/Mo

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Similar Off Market Nearby

• Highland Flower — 75 Raritan Ave, Highland Park, NJ 08904
• Avalon Designs LLC — 114 Raritan Ave, Highland Park, NJ 08904

Frequently Asked Questions

What type of property is this?

Storefront property - CBD-zoned space includes a basement for additional storage.

Where is this storefront property located?

The property is located at 227 Raritan Avenue Highland Park, NJ.

What is the lease rate?

The lease rate is $2,640/Mo.

What are key features of this property?

This property features: 510 SF storefront with 500 SF of basement storage; Renovation two years ago included new floors, ceiling, and bathroom; CBD zoning