Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    34 S Livingston Ave 1-B Livingston, NJ 7039

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,600 /Mo

    700 SF retail space near potential residential redevelopment.

    Type:Commercial
    Property size:
    700 SF
    Lot size:
    0.34 Acres
    Added:
    Jan 19, 2026
    Days on Market:
    73
    Last Refresh:
    Mar 26 at 2:35 am

    Property Features for 34 S Livingston Ave 1-B

    General Information

    Standard status
    Active
    Size
    700 SF
    Lot size
    0.34 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1960

    We can help!

    Listing Contact
    MICHAEL AUER

    Listing agent MICHAEL AUER

    Listing office COLDWELL BANKER REALTY

    Listing date Jan 19, 2026

    Source Corcoran

    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 COLDWELL BANKER REALTY

    Overview

    Retail Space Near Redevelopment Site

    This 700 square foot retail space, designated as Unit 1-B, is situated in close proximity to the intersection of Route 10 and Livingston Avenue. A potential large-scale residential property redevelopment project, planned for 40 South Livingston Avenue across the street, is awaiting final city approval and could introduce approximately 200 residential units to the area. The adjacent Unit 1-A, an 850 square foot restaurant space with outdoor seating, may be combined with Unit 1-B to create a larger, contiguous suite.
    Location Intelligence

    Current Use by Public Records

    Sheyla Basalo | Luxury ... Real Estate Agency ABS Design Studio ... Clothing & Fashion Store East Flour Restaurant Garima Verma, Luxian ... Real Estate Agency Christopher Uccio: Allstate ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Essex
    State
    New Jersey
    Longitude
    -74.3153
    Latitude
    40.7947

    Nearby Similar for Lease

    • Contact for pricing

      Livingston Flex Space For Lease

      4,000 SF flex space ideal for warehousing or distribution.
      1 Naylon Place unit: A, Livingston, NJ 07039
      View Details
    • Contact for pricing

      Turnkey Commercial Space Available

      2,000 sq ft commercial space ready for immediate occupancy.
      398 Livingston, Livingston, NJ 07039
      View Details
    • Contact for pricing

      Renovated Office Space in Livingston

      Renovated commercial office space for lease in Livingston, NJ.
      209 S. Livingston Ave, Livingston Twp., NJ 07039
      View Details
    • Contact for pricing

      Restaurant Space with Outdoor Seating

      850 sq ft restaurant space with outdoor seating available.
      34 S Livingston Ave 1-A, Livingston Twp., NJ 07039
      View Details
    • Contact for pricing

      Salon Suite Inside Dieci Spa

      300 SF suite inside established salon and spa.
      90 W Mount Pleasant Ave, Livingston Twp., NJ 07039
      View Details
    • Contact for pricing

      Class A Corporate Campus

      Class A office space with comprehensive amenities in Livingston, NJ.
      290 West Mount Pleasant Avenue, Livingston, NJ, 07039
      View Details
    • Contact for pricing

      Professional Office/Flex Space Available

      Corner flex space with excellent visibility and highway access.
      18 Microlab Rd, Livingston Twp., NJ 07039
      View Details
    • Contact for pricing

      Downtown Livingston Medical Office Space

      Renovated office space suitable for medical or business professionals.
      209 S. Livingston Ave, Livingston Twp., NJ 07039
      View Details
    • Contact for pricing

      Office/Medical Space for Lease

      Office and medical spaces available near shopping and medical center.
      301 S. Livingston Ave. | Livingston, NJ 07039, NJ 07039
      View Details
    • Contact for pricing

      Professional Office Space For Rent

      785 SF office space in serene medical office park.
      65 E Northfield Rd, Livingston Twp., NJ 07039
      View Details
    • $21/mo

      Livingston Office Space For Lease

      Office space available for lease in Livingston, New Jersey.
      615 W Mount Pleasant Ave, Livingston, NJ
      View Details
    • Contact for pricing

      Livingston Office Space For Rent

      Office space available in Livingston, New Jersey.
      2 W Northfield Rd, Livingston, NJ
      View Details

    FAQs

    What type of property is this?
    Retail space - 700 SF retail space near potential residential redevelopment.
    Where is this retail space located?
    The property is located at 34 S Livingston Ave 1-B Livingston, NJ.
    What is the lease rate?
    The lease rate is $2,600 /Mo.
    What are key features of this property?
    This property features: 700 sq ft clean retail space; Potential for contiguous 1550 sq ft suite with restaurant space (Unit 1‑A); Close proximity to intersection of Rte 10 and Livingston Ave
    (973) 994-4323
    We can help!
    Listing Contact
    MICHAEL AUER
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!