Retail Space with Covered
For Sale
Contact for pricing
66 E Main St, Little Falls, NJ 07424
The suite includes shared parking and central heating and cooling.
Property Size700 SF
Price / SF$4.29
Days on Market18
Property Features for 66 E Main St
General Information
Standard status
Active
Size
700 SF
Property subtype
Commercial
Amenities
shared parking lot
covered outdoor patio
central heating and cooling
Listing Agency:
C-21 CEDARCREST REALTY
Listed By:
JOSEPH J. SCOTTO 973-228-1050
(201) 575-1456
Source:
Brentsellsnj
Added: Oct 16
Changed: Nov 1
Last Checked: Nov 1 at 3:02PM
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 C-21 CEDARCREST REALTY
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Investment Insights
Based on property information with market context.
This 700-square-foot retail space includes a covered outdoor patio and central heating and cooling. The property is located at 66 E Main St in Little Falls Twp, New Jersey. A shared parking lot serves the space.
Key Highlights
- 700 square feet of retail space
- Covered outdoor patio
- Central heating and cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,991
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,820
$199.8K
Cap Rate 7%
$142,729
$142.7K
Cap Rate 9%
$111,011
$111.0K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$15.1K $21.60/SF
− Vacancy
−$847 −$1.21/SF
EGI
$14.3K $20.39/SF
− OpEx
−$4.3K −$6.12/SF
NOI
$10.0K $14.27/SF
Area
Passaic 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%
$199,820
Cap Rate 7%
$142,729
Cap Rate 9%
$111,011
Alternative Uses
Best Use
Retail
$142.7K
$124.9K – $166.5K
NOI $9,991 @ 7.0% cap · market cap 333.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$182.8K
$159.9K – $213.3K
NOI $12,795 @ 7.0% cap · market cap 426.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
793
Businesses Nearby
117k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 80%
Shops & Services 14%
Dining 6%
ShopRite
Groceries
93,820 visits/mo
0.5 miles
QuickChek
Shops & Services
16,088 visits/mo
0.1 miles
Dunkin' Donuts
Dining
6,981 visits/mo
0.1 miles
Demographics for 07424, NJ
26,776
Population
11,243
Households
2.4
Avg Household Size
40
Median Age
42%
College-Educated
95%
High-School Grad
5.7 sq mi
ZIP Area
4,698
Density / Sq Mi
$104,122
Median Household Income
$47,894
Median Earnings
$1,771
Median Rent
$477,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - The suite includes shared parking and central heating and cooling.
Where is this retail space located?
The property is located at 66 E Main St Little Falls, NJ.
What are key features of this property?
This property features: 700 square feet of retail space; Covered outdoor patio; Central heating and cooling
