Downtown Storefront
For Sale
Contact for pricing
36 Old Highway 22, Clinton, NJ 08809
Storefront space in downtown Clinton with a commercial presence along Old Hwy 22.
Property Size3,500 SF
Price / SF$271.43
Days on Market70
Property Features for 36 Old Highway 22
General Information
Standard status
Active
Size
3,500 SF
Property subtype
Retail
Listing Agency:
JLL - Parsippany, New Jersey
Listed By:
David Townes · License #NJ 10401232082
(973) 829-4800
Source:
Crexi
Added: Aug 8
Changed: Oct 10
Last Checked: Oct 14 at 9:33PM
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 JLL - Parsippany, New Jersey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,500-square-foot storefront property is located at 36 Old Hwy 22 in Clinton, New Jersey. The address places the space within downtown Clinton and along Old Hwy 22, providing a defined commercial setting for retail use.
The property is identified as Block Lot 22/15.01. Its storefront configuration and downtown location form the primary physical and locational characteristics of the offering.
The property is identified as Block Lot 22/15.01. Its storefront configuration and downtown location form the primary physical and locational characteristics of the offering.
Key Highlights
- 3,500‑square‑foot storefront property
- Located at 36 Old Hwy 22 in Clinton, NJ 08809
- Downtown Clinton location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,956
Cap Rate
5.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$999,120
$999.1K
Cap Rate 7%
$713,657
$713.7K
Cap Rate 9%
$555,067
$555.1K
Market Conditions
NOI Build-Up for 3,500 SF
Gross rent
$75.6K $21.60/SF
− Vacancy
−$4.2K −$1.21/SF
EGI
$71.4K $20.39/SF
− OpEx
−$21.4K −$6.12/SF
NOI
$50.0K $14.27/SF
Area
Hunterdon 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%
$999,120
Cap Rate 7%
$713,657
Cap Rate 9%
$555,067
Alternative Uses
Best Use
Retail
$713.7K
$624.5K – $832.6K
NOI $49,956 @ 7.0% cap · market cap 5.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$913.9K
$799.7K – $1.07M
NOI $63,974 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
23k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Hotels & Casinos 9%
PNC Bank
Shops & Services
8,101 visits/mo
0.1 miles
Bank of America
Shops & Services
5,884 visits/mo
0.3 miles
Exxon
Shops & Services
3,397 visits/mo
0.2 miles
TownePlace Suites Clinton
Hotels & Casinos
2,199 visits/mo
0.5 miles
Napa Auto Parts
Shops & Services
2,096 visits/mo
0.3 miles
Demographics for 08809, NJ
7,255
Population
2,353
Households
3.1
Avg Household Size
44
Median Age
52%
College-Educated
92%
High-School Grad
6.9 sq mi
ZIP Area
1,051
Density / Sq Mi
$127,169
Median Household Income
$68,209
Median Earnings
$1,721
Median Rent
$413,400
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Greens & Beans — 19 1/2 Old Hwy 22, Clinton, NJ 08809
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront space in downtown Clinton with a commercial presence along Old Hwy 22.
Where is this storefront property located?
The property is located at 36 Old Highway 22 Clinton, NJ.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 3,500‑square‑foot storefront property; Located at 36 Old Hwy 22 in Clinton, NJ 08809; Downtown Clinton location
