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    623 Old W Mt Pleasant Ave Livingston, NJ 07039

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    623 Old W Mt Pleasant Ave Livingston, NJ 07039


    • Commercial real estate
    • 1,623 SF
    • 0.36 lot acres
    Off-Market
    Property ID
    US59-3060552
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $530,000
    Show details
    Cap Rate Potential
    4.5%
    Commercial real estate
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 623 Old W Mt Pleasant Ave

    Lot size
    0.36 lot acres
    Property size
    1,623 SF
    Zone code
    B-1
    Property type
    Commercial real estate
    APN
    10 06001-0000-00007
    APU
    1006001000000007

    Description

    This exceptional 4,100 square foot retail space, located at 623 West Mount Pleasant Avenue in Essex County, presents a unique investment opportunity. Previously a bank, the property boasts substantial build quality, including ample power and a robust HVAC system. The high ceilings, reaching up to 18 feet in some areas, create a dramatic and versatile space ideal for a variety of retail or medical uses. The building's design offers significant flexibility for tenant build-out and customization. With abundant parking, exceeding 5 spaces per 1,000 square feet, customer and employee convenience is ensured. The single-tenant occupancy provides a streamlined and efficient operational environment. The property is currently vacant, offering immediate possession for a new tenant. This is a rare chance to acquire a well-constructed, spacious retail property in a desirable Essex County location. The ample parking and high ceilings make this space particularly attractive for businesses requiring significant square footage and convenient access. The property's former use as a bank speaks to its structural integrity and suitability for a range of commercial applications. Serious inquiries are encouraged to explore this exceptional opportunity further.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $500,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $375,000
      6.5%
      $345,000
      7%
      $320,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $519,000
      Market price range: $140k - $520k

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Livingston
    County
    Essex
    State
    New Jersey
    Longitude
    -74.3569
    Latitude
    40.7985
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $23,038
    $243,000
    $744,500
    $987,500
    -
    $243,000
    $744,500
    $987,500
    More about this property
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