Turnkey Antique & Jewelry
414 Raritan Ave Highland Park, NJ 08904
414 Raritan Ave, Highland Park, NJ, 08904
$195,000
For Sale
$195,000
Turnkey retail business with approximately 1,000 sq ft and included antique, jewelry, fashion, decor, and art inventory.
Property Size1,000 SF
Price / SF$195
Days on Market128
Property Features for 414 Raritan Ave
General Information
- Standard status
- Active
- Size
- 1,000 SF
- Property subtype
- Business Opportunity
Listing agency
KELLER WILLIAMS ELITE REALTORS
(732) 549-1998
Listed by
MICHAEL MCDONALD
Source
Exprealty
Added: Mar 17 Updated: Jul 22 at 9:21AM Checked: Jul 22 at 9:21AM
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 ELITE REALTORS
Investment Insights
Based on property information with market context.
This is a turnkey opportunity: a 20-year-established retail antique store with approximately 1,000 sq ft of showroom space at 414 Raritan Ave in Highland Park, NJ. The sale includes substantial on-hand inventory spanning fashion and luxury items, jewelry, decor, and art, including Giovanni wedding dresses, fine jewelry, Uno de 50 selections, and Waterford brand crystals, along with handmade oil paintings.
The store is positioned on main street and is located close to the post office. The included product mix supports both in-store merchandising and online sales.
For buyers seeking an operating retail business with a defined, diverse inventory assortment and a long-standing customer base, this offering provides an immediate, inventory-included retail setup built over more than two decades of operation.
The store is positioned on main street and is located close to the post office. The included product mix supports both in-store merchandising and online sales.
For buyers seeking an operating retail business with a defined, diverse inventory assortment and a long-standing customer base, this offering provides an immediate, inventory-included retail setup built over more than two decades of operation.
Key Highlights
- Established antique store business operating for over 20 years with a year‑round, dedicated client base
- Approximately 1,000 sq ft of retail space on a main street with close proximity to the post office
- Inventory included: Giovanni wedding dresses, genuine gold/silver/gold‑plated jewelry, and Uno de 50 pieces
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $21.60 |
| − Vacancy | −$1.2k | −$1.21 |
| EGI | $20.4k | $20.39 |
| − OpEx | −$6.1k | −$6.12 |
| NOI | $14.3k | $14.27 |
1,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$203.9K
$178.4K – $237.9K
NOI $14,273 @ 7.0% cap · market cap 7.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Highland Flower — 75 Raritan Ave, Highland Park, NJ 08904
- Avalon Designs LLC — 114 Raritan Ave, Highland Park, NJ 08904
FAQs
What type of property is this?
Storefront property - Turnkey retail business with approximately 1,000 sq ft and included antique, jewelry, fashion, decor, and art inventory.
Where is this storefront property located?
The property is located at 414 Raritan Ave Highland Park, NJ.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: Established antique store business operating for over 20 years with a year‑round, dedicated client base; Approximately 1,000 sq ft of retail space on a main street with close proximity to the post office; Inventory included: Giovanni wedding dresses, genuine gold/silver/gold‑plated jewelry, and Uno de 50 pieces
