152 Main St & Hillcrest Ter Lincoln Park, NJ 07035
This exceptional 3,510 square foot retail space, formerly a Bank of America branch, presents a unique redevelopment or end-user opportunity in the thriving Lincoln Park, New Jersey market. Located at 152 Main Street & Hillcrest Terrace, 07035, this vacant property sits on a 1.36-acre lot and offers significant potential. The property benefits from its strategic location near major retailers including Walgreens, CVS, ShopRite, McDonald's, Dunkin', Babakoto's Burritos, and Jersey Mike's, ensuring high visibility and foot traffic. Furthermore, the property enjoys excellent accessibility with high traffic counts of 9,201 ADT along Main Street and 12,908 ADT on Boonton Turnpike. This prime location within Morris County offers easy access to a dense residential population and a strong commercial corridor. The property will be sold through a modified bid process with a deadline of August 26, 2024. An open house is scheduled for August 15, 2024, from 11:30 AM to 1:30 PM, providing a chance to view this remarkable opportunity firsthand. Don't miss this chance to acquire a highly visible and well-located retail space in a bustling New Jersey community. Further details are available online.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.