1162 Raritan Rd Clark, NJ 07066
Property profile & analytics
1162 Raritan Rd Clark, NJ 07066
- Commercial real estate
- 1,820 SF
- 0.14 lot acres
Property ID
US59-2789077
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 1162 Raritan Rd
- Year built
- 1962
- Construction
- FRAME
- Lot size
- 0.14 lot acres
- Property size
- 1,820 SF
- Zone code
- CN
- Property type
- Commercial real estate
- APN
- 02 00060-0000-00025
- APU
- 200060000000025
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $705,000
- ML approach
- $700,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $585,000
Market price range: $450k - $824k
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Clark
- County
- Union
- State
- New Jersey
- Longitude
- -74.3118
- Latitude
- 40.6298
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$9,239
$235,000
$201,200
$436,200
-
$235,000
$201,200
$436,200
