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Property profile & analytics
OFF-MARKET Estimated value $1,075,000
Commercial real estate

1401 Maple Ave 9 Hillside, NJ 07205-1565

9,999 SF 0.18 ac lot Built 1924
Individually Owned 24-yr Hold Free & Clear
Property ID
US59-2133156
Property summary
AI-generated overview

This exceptional mixed-use property, located at 1401 Maple Avenue in Hillside, NJ, presents a remarkable opportunity for entrepreneurs. Situated on a 0.18-acre lot, this vacant building offers endless possibilities for a variety of businesses. Its prime corner location ensures high visibility and significant street traffic, maximizing exposure for any new venture. The previous tenant operated a grocery store, indicating the suitability of the space for retail or food-related businesses. A key feature is the existing cooking range hood, a valuable asset for food service establishments. The property is readily available for immediate occupancy, and the landlord is open to negotiating rent-free periods, making this an even more attractive proposition. The building is easily accessible and vacant, with a readily available GSMLS box for convenient access. Don't miss this chance to establish your business in a thriving location with excellent potential for growth and success. This is a must-see property for anyone seeking a high-traffic, visible location to launch their business.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1924
Construction BRICK
Total area 9,999 SF
Lot 0.18 ac (7,906 SF)
Zoning code R40
APN 07 01107-0000-00008
UPID US59-2133156
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.34M
Blend (final) Blend
$1.08M
Owner & transaction history
Mandakini D Vora · 24 yrs held
Mandakini D Vora
since 2002
2 recorded transactions
2002
$100
2002
Price N/A
Zoning & alternative use
R40 · Hillside, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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