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338 Sussex St Harrison, NJ 07029-2126

OFF-MARKET Commercial real estate Google Maps
2,171 SF 0.03 ac lot
Entity Owned 6-yr Hold Free & Clear
Estimated value (blended)
$495k
Range $446k – $545k (±10%)
Property ID US59-0998271

Property summary

AI-generated overview

This exceptional 1,376 square foot retail storefront is located at 338 Sussex Street in Harrison, New Jersey, within Hudson County (zip code 07029). Previously used as a doctor's office, this single-tenant space offers five rooms, two half bathrooms, and a reception area. Three rooms include hand sinks, while one office boasts a half bath and another a full bath. The property's versatile layout is ideal for various uses, including retail, professional offices, or a new business startup. Benefit from the high foot traffic of this prime corner location, surrounded by stores, daycares, places of worship, schools, shopping centers, laundromats, and restaurants. Its convenient location is on the same avenue as the PATH train to New York City, offering easy access to public transportation. Harrison is a thriving town, home to the Red Bull Arena and experiencing significant development. This is a truly exceptional opportunity in a highly desirable area. The property is available for lease.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction FRAME
Total area 2,171 SF
Lot 0.03 ac (1,375 SF)
APN 04 00122-0000-00005- 02
UPID US59-0998271

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$490k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$495k

Owner & transaction history

since 2020
Last sale
$331,000
2 recorded transactions
2020
$331,000
1994
$160,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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