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Property profile & analytics
OFF-MARKET
Commercial real estate
338 Sussex St, Harrison, NJ 07029-2126
Entity Owned
6-yr Hold
Free & Clear
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
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
La Lucky LLC · 6 yrs held
La Lucky LLC
since 2020
Last sale
$331,000
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Harrison submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrison submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2022Property tax & assessments
Tax year 2022
Tax billed
$8,212
Tax year 2022
Assessed value
$360,000
Assessed 2023
Previous assessed
$360,000
+0.0% YoY
Effective rate
2.28%
On assessed value
Assessed land
$171,600
Assessed improvement
$188,400
Land market value
$171,600
Improvement market value
$188,400
Total market value
$360,000
Applied tax rate
4.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Construction
FRAME
Heating
NONE
Stories
2
Total area
2,171 SF
Lot
0.03 ac (1,375 SF)
APN
04 00122-0000-00005- 02
UPID
US59-0998271
Jurisdiction
HUDSON
Metro division
NEW YORK-WHITE PLAINS-WAYNE, NY-NJ METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Construction
FRAME
Heating
NONE
Stories
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
La Lucky LLC
Entity
Free & Clear · 6 yrs held
Mailing address
338 SUSSEX ST, HARRISON, NJ 07029-2126
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2020
$331,000
La Lucky LLC
Charles F Rilli
Grant Deed
—
Jun 15, 1994
$160,000
Charles Rilli
Fernandes,manuel
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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