Two-Level Storefront
For Sale
$1,500,000
380 E Northfield Rd, Livingston, NJ 07039
The finished interior spans two floors, with separate basement storage and parking on the grounds.
Property Size3,300 SF
Lot Size0.33 Acres
Price / SF$454.55
Days on Market9
Property Features for 380 E Northfield Rd
General Information
Standard status
Active
Size
3,300 SF
Lot size
0.33 Acres
Property subtype
Commercial
Additional Details
Corner Location
Yes
Building Details
Year Built
1959
Buildings
1
Stories
2
Listing Agency:
WEICHERT REALTORS
Listed By:
Donna Semplenski · License #214254
Source:
Pickpina
Added: Sep 28
Last Checked: Oct 4 at 6:57AM
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 WEICHERT REALTORS
Investment Insights
Based on property information with market context.
This Livingston storefront property has 3,300 square feet of finished space across the first and second floors, plus a 900-square-foot basement storage area. The open floor plan allows for a flexible interior arrangement. Existing business equipment may remain with the property or be removed.
The offering includes two lots and provides parking on the grounds. The property was built in 1959.
The offering includes two lots and provides parking on the grounds. The property was built in 1959.
Key Highlights
- 3,300 square feet of finished space on the first and second floors
- 900‑square‑foot basement storage area
- Two lots included in the offering
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$47,102
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$942,040
$942.0K
Cap Rate 7%
$672,886
$672.9K
Cap Rate 9%
$523,356
$523.4K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$71.3K $21.60/SF
− Vacancy
−$4.0K −$1.21/SF
EGI
$67.3K $20.39/SF
− OpEx
−$20.2K −$6.12/SF
NOI
$47.1K $14.27/SF
Area
Essex 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%
$942,040
Cap Rate 7%
$672,886
Cap Rate 9%
$523,356
Alternative Uses
Best Use
Retail
$672.9K
$588.8K – $785.0K
NOI $47,102 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$861.7K
$754.0K – $1.01M
NOI $60,319 @ 7.0% cap · market cap 4.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,331
Businesses Nearby
7k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
Master Pizza
Dining
3,587 visits/mo
0.0 miles
PNC Bank
Shops & Services
3,446 visits/mo
0.3 miles
Demographics for 07039, NJ
31,325
Population
10,684
Households
2.9
Avg Household Size
43
Median Age
73%
College-Educated
96%
High-School Grad
13.8 sq mi
ZIP Area
2,270
Density / Sq Mi
$218,416
Median Household Income
$111,109
Median Earnings
$2,953
Median Rent
$746,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Storefront property - The finished interior spans two floors, with separate basement storage and parking on the grounds.
Where is this storefront property located?
The property is located at 380 E Northfield Rd Livingston, NJ.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 3,300 square feet of finished space on the first and second floors; 900‑square‑foot basement storage area; Two lots included in the offering
