Property profile

580-588 Livingston Ave Livingston, NJ 07039

OFF-MARKET
Retail properties & Spaces
16,000 SF 1.34 ac lot
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Property summary

AI-generated overview

This exceptional retail property, located at 580-588 S Livingston Ave in Livingston, NJ (07039), offers a unique investment opportunity. The 16,000 square foot building sits on a 1.34-acre lot and boasts a striking decorative block facade. The two-story structure provides high ceiling heights throughout, creating a spacious and inviting atmosphere for tenants and customers. The property includes 121 parking spaces, a significant advantage given its location in a high-traffic area averaging approximately 126,000 vehicles per day. Currently home to established businesses including the Calabria Restaurant, Silverstrom Dentist Group, and a clothing store, this property offers a proven rental stream. The building is in excellent condition and features ample power and HVAC systems. A liquor license is also included, presenting additional revenue potential. This property is ideal for both owner-occupiers and investors seeking a strong return on investment in a prime New Jersey location. The property's established tenancy and high visibility make it a compelling opportunity in the thriving Essex County market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 16,000 SF
Lot 1.34 ac (58,370 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

580-588 Livingston Ave Livingston, NJ 07039
Livingston metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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