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Property profile & analytics
OFF-MARKET Estimated value $660,000
Commercial real estate

1162 Raritan Rd Clark, NJ 07066-1311

1,820 SF 0.14 ac lot Built 1962
Individually Owned Free & Clear
Property ID
US59-2789077
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Construction FRAME
Total area 1,820 SF
Lot 0.14 ac (5,998 SF)
Zoning code CN
APN 02 00060-0000-00025
UPID US59-2789077
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Aesthetics Lounge NJ Spa & Massage Center Gym & Fitness Center
  • Dreyco Beauty inside Aesthetics lounge Medical Clinic Skin Care Clinic
  • Aesthetics Lounge Spa & Massage Center
  • Choice Hair Designs Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$660k
Owner & transaction history
Romero Petronio
Romero Petronio
since 2026
Last sale
$660,000
6 recorded transactions
2026
$660,000
2020
Price N/A
2008
$466,000
2005
$1
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CN · Clark, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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