126 S Livingston Ave
Livingston, NJ 07039
Retail Property For Sale

Marcus & Millichap is pleased to exclusively list for sale a mixed-use offering consisting of a 3 commercial units with 2 apartments above, located in Livingston (Essex County) New Jersey. The subject property is situated on .13+/- acre lot in the heart of the city. The mixed-use offering is within walking distance to Route 10 and allows access to many national retailers. Each tenant has been in the same location for numerous years. Livingston is a township located in Essex County, NJ that shares its borders with Roseland, West Orange, Milburn, Short Hills, Florham Park, East Hanover, and the Passaic River. Although Livingston is predominantly a residential community; Livingston houses many shopping centers, business and services. The major roads that pass through or near Livingston are Eisenhower Parkway, County Route 508, County Route 527, Interstate 280 and Route 10. The subject property is approximately 18 miles northwest of New York City. Public transportation is available to New York Port Authority via Community Coach #77 bus route and OurBus company; to Newark via NJ Transit Bus service on routes 70,71,73 and locally via the MCM3 and MCM8 bus routes. Rail service is also available via the NJ Transit Morristown Line. Within a five-mile radius of Livingston, the average household income is $195,365 among the 226,532 individuals who resides within a five-mile radius of the subject property. The asking price of $ 750,000 represents a 7.38 percent cap rate.