Property summary
This exceptional mixed-use property in Hillside, New Jersey, presents a lucrative investment opportunity. Located at 301-303 Winans Avenue, this two-story building boasts 4,000 square feet on a 4,000 square foot lot and comprises four thriving retail/restaurant spaces and two three-bedroom, one-bathroom apartments. Currently generating a Net Operating Income (NOI) of $124,000 with an occupancy rate of 80% (as of September 30, 2024), this property offers a compelling 9.92% cap rate. The asking… price is $1,250,000, translating to $312.50 per square foot. Current rental income totals $12,000 per month, with potential for significant increases to $16,000-$18,000 monthly through strategic upgrades and lease adjustments. The current tenant mix includes a beauty salon ($1,500/month), a coffee shop ($1,800/month), a restaurant ($3,200/month), and a smoke shop ($2,000/month). Annual property taxes are $14,000, and insurance costs $5,500 annually. The property's strategic location at a busy intersection with easy access to Route 78 ensures high visibility and convenient access. This is a rare chance to acquire a well-positioned mixed-use asset with substantial upside potential. The property is offered for sale by owner.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 0.09 ac
- Year built
- 1904
- Stories
- 3
- APN
- 07 00402-0000-00007
- Zoning
- R40T
- Assessed value · 2023
- $180,500
- Annual tax · 2022
- $14,330
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of this district is to promote two family dwellings
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Ownership
- Owner Contacts
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- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- 300 reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Everything in the Light report
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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