1455 Liberty Ave, Hillside, NJ 07205
This 4,400 square foot commercial property in Hillside, NJ, presents a compelling investment opportunity. Situated on a 0.17-acre lot at 1455 Liberty Avenue, Unit 0, the building comprises four separate units, all currently leased and generating approximately $7,000 in monthly rental income. Tenants are responsible for all utilities. The property benefits from recent upgrades, including a fully renovated gym (formerly a barber shop) featuring updated electrical systems, drywall, and appliances. Each unit's furnace and water heaters are less than eight years old, suggesting relatively low maintenance costs in the near future. Its strategic location near major highways ensures excellent accessibility, while its proximity to other businesses and residential areas guarantees a consistent tenant pool. This property offers a blend of immediate income generation and long-term growth potential, making it an attractive investment for discerning buyers seeking a stable and profitable venture in a thriving New Jersey market. The property's strong rental history and recent renovations contribute to its high return on investment potential. This is a turnkey operation ready for a new owner.
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
Property description
Physical attributes from public recordsZoning & alternative use
R40 · Hillside, NJHillside. 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.