Mixed-Use Property with
For Sale
$900,000
52 Holland St, Newark, NJ 07103
Ground-level commercial space includes a kitchen, bar seating, open areas, and multiple restrooms.
Property Size4,364 SF
Price / SF$375.94
Days on Market48
Property Features for 52 Holland St
General Information
Standard status
Active
Size
4,364 SF
Property subtype
Multi Family Home
Additional Details
Floor
Ground Floor
Sprinkler System
Yes
Amenities
extra high ceilings
expansive open areas
bar seating
commercial kitchen
multiple restrooms
HVAC
washer and dryer hookups
Building Details
Building Size
4,364 SF
Year Built
2024
Buildings
1
Units
2
Listing Agency:
Exp Realty, LLC
(866) 201-6210
Listed By:
Mordy Abelesz · License #17525
(866) 201-6210
Source:
Betterhomerealestate
Added: Jul 14
Changed: Aug 29
Last Checked: Aug 29 at 1:42PM
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 Exp Realty, LLC
Investment Insights
Based on property information with market context.
Completed in 2024, this mixed-use property combines commercial space on the ground floor with a two-level residence above. The approximately 2,394-square-foot commercial area features extra-high ceilings, broad open areas, bar seating, a commercial kitchen, and multiple restrooms. The layout supports restaurant, private event, office, medical, and professional-service applications as stated in the property information.
The upper residence includes 6 bedrooms, 2.5 baths, a spacious living area, and a large kitchen. Modern building systems include HVAC, washer and dryer hookups, and a full sprinkler system. The structure occupies the full lot under grandfathered conditions. A 5 year tax abatement is in place beginning in 2025.
The upper residence includes 6 bedrooms, 2.5 baths, a spacious living area, and a large kitchen. Modern building systems include HVAC, washer and dryer hookups, and a full sprinkler system. The structure occupies the full lot under grandfathered conditions. A 5 year tax abatement is in place beginning in 2025.
Key Highlights
- Approximately 2,394 square feet of ground‑floor commercial space
- Two‑level residence with 6 bedrooms and 2.5 baths
- Commercial kitchen, bar seating, open areas, and multiple restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$40,076
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$801,520
$801.5K
Cap Rate 7%
$572,514
$572.5K
Cap Rate 9%
$445,289
$445.3K
Market Conditions
NOI Build-Up for 2,394 SF
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.
Gross rent
$57.5K $24.00/SF
− Vacancy
−$4.0K −$1.68/SF
EGI
$53.4K $22.32/SF
− OpEx
−$13.4K −$5.58/SF
NOI
$40.1K $16.74/SF
Area
ZIP 07103
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$801,520
Cap Rate 7%
$572,514
Cap Rate 9%
$445,289
Alternative Uses
Best Use
Specialty Retail
$572.5K
$501.0K – $667.9K
NOI $40,076 @ 7.0% cap · market cap 4.45%
Second Best
Mixed Use
$519.2K
$454.3K – $605.7K
NOI $36,341 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$856.3K
$749.2K – $999.0K
NOI $59,938 @ 7.0% cap · market cap 6.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
2,396
Businesses Nearby
202k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 37%
Dining 31%
Home Improvements & Furnishings 24%
Groceries 7%
The Home Depot
Home Improvements & Furnishings
49,259 visits/mo
0.2 miles
Wendy's
Dining
23,955 visits/mo
0.1 miles
Dunkin' Donuts
Dining
20,567 visits/mo
0.5 miles
Exxon
Shops & Services
16,331 visits/mo
0.2 miles
Save-A-Lot
Groceries
14,097 visits/mo
0.3 miles
Demographics for 07103, NJ
39,439
Population
13,832
Households
2.9
Avg Household Size
30
Median Age
21%
College-Educated
81%
High-School Grad
2.2 sq mi
ZIP Area
17,927
Density / Sq Mi
$42,397
Median Household Income
$34,278
Median Earnings
$1,289
Median Rent
$259,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-level commercial space includes a kitchen, bar seating, open areas, and multiple restrooms.
Where is this mixed-use property located?
The property is located at 52 Holland St Newark, NJ.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Approximately 2,394 square feet of ground‑floor commercial space; Two‑level residence with 6 bedrooms and 2.5 baths; Commercial kitchen, bar seating, open areas, and multiple restrooms
