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6 Park Ave 4,116 SF 100% Leased Retail Building Rutherford, NJ 07070 $650,000 ($157.92/SF) 6.16% Cap Rate



Investment Highlights
- Fire alarm system upgraded
- Located very close to the NJ Transit Rutherford Station (Main/Bergen/Port Jervis line)
- Located on a busy corner
Executive Summary
Owner financing available.
Property Facts
Sale Type
Investment
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,116 SF
Building Class
C
Year Built
1900
Price
$650,000
Price Per SF
$157.92
Cap Rate
6.16%
NOI
$40,015
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.65
Lot Size
0.15 AC
Zoning
B3 - Retail
Frontage
19’ on Park Ave
Amenities
- Bus Line
- Signage
About 6 PARK AVE , RUTHERFORD, NJ 07070
+/-750 sq. ft. convenience store on 1st floor. Available 11/30/2027 +/-750 sq. ft. apartment on 2nd floor available immediately
Exceptionally walkable
90/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $173,000 | |
| Land Assessment | $294,800 | Total Assessment | $467,800 |
Property Taxes
Parcel Numbers
Land Assessment
$294,800
Improvements Assessment
$173,000
Total Assessment
$467,800
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6 Park Ave
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