Retail Restaurant
For Sale
$945,000
Pending
234 HARRISON AVE, Harrison, NJ 07029
For-sale restaurant storefront on Harrison Ave in Hudson County, suited for operators seeking a street-facing retail setup.
Property Size4,418 SF
Days on Market183
Property Features for 234 HARRISON AVE
General Information
Standard status
Pending
Size
4,418 SF
Zoning
Mixed use
Taxes and HOA fees
Annual Taxes
$13,320
Amenities
Central Air
Electric, Forced Air, Natural Gas
Full, Partially Finished
On Street
Building Details
Building Size
4,418 SF
Listing Agency:
KELLER WILLIAMS REALTY
Listed By:
XIAOXIAN CHAN · License #298135
(215) 850-8158
Source:
Evrealestate
Added: Apr 29
Changed: Oct 25
Last Checked: Oct 28 at 7:53AM
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 KELLER WILLIAMS REALTY
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale retail restaurant storefront is presented as a conventional restaurant/retail space, positioned on Harrison Ave for street-level visibility and customer access. The offering is marketed as a storefront property within the retail and commercial restaurant property types.
The address is 234 Harrison Ave, Harrison Town, NJ 07029, in Hudson County. Directions are provided as “On Harrison Ave,” indicating straightforward access along the main corridor.
The property’s street-facing storefront configuration can support a restaurant or related food-service concept, depending on the operator’s requirements. Buyers and brokers evaluating the site may find it useful as a straightforward retail/restaurant format in Hudson County, with access and wayfinding tied to Harrison Ave. For a tenant or buyer considering this location, due diligence should focus on confirming any space requirements and applicable operating considerations for a restaurant use at this address.
The address is 234 Harrison Ave, Harrison Town, NJ 07029, in Hudson County. Directions are provided as “On Harrison Ave,” indicating straightforward access along the main corridor.
The property’s street-facing storefront configuration can support a restaurant or related food-service concept, depending on the operator’s requirements. Buyers and brokers evaluating the site may find it useful as a straightforward retail/restaurant format in Hudson County, with access and wayfinding tied to Harrison Ave. For a tenant or buyer considering this location, due diligence should focus on confirming any space requirements and applicable operating considerations for a restaurant use at this address.
Key Highlights
- Full, partially finished basement
- Central air cooling
- Heating includes electric, forced air, and natural gas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$63,059
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,261,180
$1.3M
Cap Rate 7%
$900,843
$900.8K
Cap Rate 9%
$700,656
$700.7K
Market Conditions
NOI Build-Up for 4,418 SF
Gross rent
$95.4K $21.60/SF
− Vacancy
−$5.3K −$1.21/SF
EGI
$90.1K $20.39/SF
− OpEx
−$27.0K −$6.12/SF
NOI
$63.1K $14.27/SF
Area
Hudson 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%
$1,261,180
Cap Rate 7%
$900,843
Cap Rate 9%
$700,656
Alternative Uses
Best Use
Retail
$900.8K
$788.2K – $1.05M
NOI $63,059 @ 7.0% cap · market cap 6.67%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$1.60M
$1.40M – $1.87M
NOI $111,986 @ 7.0% cap · market cap 11.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,292
Businesses Nearby
166k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 45%
Dining 38%
Hotels & Casinos 11%
Electronics 4%
Wendy's
Dining
35,286 visits/mo
0.3 miles
QuickChek
Shops & Services
20,411 visits/mo
0.2 miles
Speedway
Shops & Services
15,735 visits/mo
0.3 miles
Bank of America
Shops & Services
14,746 visits/mo
0.3 miles
Popeyes Louisiana Kitchen
Dining
12,235 visits/mo
0.3 miles
Demographics for 07029, NJ
22,044
Population
10,485
Households
2.1
Avg Household Size
33
Median Age
47%
College-Educated
87%
High-School Grad
1.3 sq mi
ZIP Area
16,957
Density / Sq Mi
$80,495
Median Household Income
$52,097
Median Earnings
$2,036
Median Rent
$433,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
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- Washington Florist Inc — 565 Broad St, Newark, NJ 07102
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- Flowers in Bloom — 400 Harrison Ave, Harrison, NJ 07029
- Magnolia Florist — 5 Webster St, Newark, NJ 07104
Frequently Asked Questions
What type of property is this?
Storefront property - For-sale restaurant storefront on Harrison Ave in Hudson County, suited for operators seeking a street-facing retail setup.
Where is this storefront property located?
The property is located at 234 HARRISON AVE Harrison, NJ.
What is the asking price?
The asking price for this property is $945,000.
What are key features of this property?
This property features: Full, partially finished basement; Central air cooling; Heating includes electric, forced air, and natural gas
