1162 Raritan Rd Clark, NJ 07066-1311
This exceptional commercial property, situated at 1162 Raritan Road in Clark, New Jersey, presents a unique investment opportunity. The 0.138-acre lot houses a fully renovated, 1,820 square foot building, ideally suited for a variety of commercial uses. The property boasts two separate retail units within a single structure, offering flexibility for multiple tenants or a single, larger operation. Its prime location on Raritan Road ensures high visibility and accessibility, attracting significant foot traffic. Ample on-site parking is available for customers and employees. Previously operating as a thriving salon and spa, the building's adaptable layout makes it suitable for a range of businesses, including medical offices or other professional services. The asking price is $695,000, representing a compelling entry point into the vibrant Clark commercial market. This property is perfect for businesses seeking expansion or investors looking for a strong return. The property's versatility and prime location make it an attractive option for a variety of commercial ventures. The building's recent renovation ensures it is move-in ready, minimizing upfront costs and maximizing immediate occupancy. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving New Jersey market. The zip code is 07066, and the property is located in Union County.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CN · Clark, NJClark. Always verify with local authorities before improvements.
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.