Mixed-Use Property with Liquor
For Sale
$1,399,000
400 Seaton Ave, Roselle Park, NJ 07204
Bar and restaurant space is paired with two residential apartments and basement storage.
Property Size4,000 SF
Price / SF$349.75
Days on Market51
Property Features for 400 Seaton Ave
General Information
Standard status
Active
Size
4,000 SF
Total Parking Spaces
16
Property subtype
Commercial
Additional Details
Highway Access
Yes
Liquor License
Yes
Taxes and HOA fees
Annual Taxes
$16,388
Amenities
Central air
Asphalt Shingle Roof
3 Units Cooling
3 Units Heating
Blacktop Driveway
Concrete Driveway
Corner
Driveway-Exclusive
Parking Lot-Exclusive
Building Details
Year Built
1967
Listing Agency:
BHGRE ELITE
(908) 316-8530
Listed By:
J.C. GONZALEZ · License #NJ-8832282
Source:
Corcoran
Added: Aug 25
Changed: Oct 13
Last Checked: Oct 12 at 8:23PM
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 BHGRE ELITE
Investment Insights
Based on property information with market context.
This mixed-use property combines a first-floor bar and restaurant with two residential apartments. Each apartment includes two bedrooms, a living room, kitchen, and full bathroom. The building contains approximately 4,000 square feet and was constructed in 1967. A full unfinished basement provides additional storage space, while on-site parking accommodates up to 16 cars.
The property is located at 400 Seaton Ave in Roselle Park Boro, New Jersey, near the Garden State Parkway for access to major transportation routes. A liquor license is included in the sale, supporting the existing bar and restaurant configuration. The layout offers both commercial and residential components within one property.
The property is located at 400 Seaton Ave in Roselle Park Boro, New Jersey, near the Garden State Parkway for access to major transportation routes. A liquor license is included in the sale, supporting the existing bar and restaurant configuration. The layout offers both commercial and residential components within one property.
Key Highlights
- Mixed‑use property with approximately 4,000 square feet
- First‑floor bar and restaurant with liquor license included
- Two residential apartments, each with 2 bedrooms and 1 full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$66,945
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,900
$1.3M
Cap Rate 7%
$956,357
$956.4K
Cap Rate 9%
$743,833
$743.8K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$102.2K $25.56/SF
− Vacancy
−$6.6K −$1.65/SF
EGI
$95.6K $23.91/SF
− OpEx
−$28.7K −$7.17/SF
NOI
$66.9K $16.74/SF
Area
Union County, NJ
Vacancy
6.46%
Lease Rate
$25.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,338,900
Cap Rate 7%
$956,357
Cap Rate 9%
$743,833
Alternative Uses
Best Use
Multifamily LT 5
$956.4K
$836.8K – $1.12M
NOI $66,945 @ 7.0% cap · market cap 4.79%
Second Best
Apartment 5plus
$878.7K
$768.9K – $1.03M
NOI $61,512 @ 7.0% cap · market cap 4.40%
Theoretical Best
Office A
$1.04M
$913.9K – $1.22M
NOI $73,114 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
1,022
Businesses Nearby
Explore this area
Business Placement
Demographics for 07204, NJ
13,984
Population
5,373
Households
2.6
Avg Household Size
39
Median Age
39%
College-Educated
91%
High-School Grad
1.2 sq mi
ZIP Area
11,653
Density / Sq Mi
$104,418
Median Household Income
$55,974
Median Earnings
$1,585
Median Rent
$405,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Bar and restaurant space is paired with two residential apartments and basement storage.
Where is this mixed-use property located?
The property is located at 400 Seaton Ave Roselle Park, NJ.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: Mixed‑use property with approximately 4,000 square feet; First‑floor bar and restaurant with liquor license included; Two residential apartments, each with 2 bedrooms and 1 full bathroom
