The Shoppes at the Livingston Circle, located at 277 Eisenhower Pkwy, Livingston, NJ 07039, presents a compelling retail investment opportunity. This well-maintained, 93,000 square foot shopping center sits on a 16.1-acre site at the intersection of Eisenhower Parkway and Route 10, a high-traffic area within the Essex-Morris county submarket. The property boasts excellent visibility and highway access, serving a dense population. Over 469 parking spaces are available for customer convenience. Currently, there are 4,056 square feet of vacant space available, divisible into units ranging from a minimum of 856 square feet to a maximum contiguous space of 3,200 square feet. The center benefits from a strong tenant mix, including national brands and local favorites such as Aldi, CycleBar, and numerous restaurants and service businesses. The surrounding area features a robust demographic profile, with over 150,410 people residing within a five-mile radius and an average household income exceeding $171,747. Daily traffic counts surpass 39,000 vehicles, ensuring high visibility and potential customer traffic. This property offers a unique chance to establish a presence in a thriving retail environment with significant growth potential. The property is classified as Retail, with a subtype of Shopping Center and Storage.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$18,032,974
Hospitality
$16,518,107
Educational
$13,742,871
Medical
$14,215,509
Retail
$21,377,800
Location Insight
City
Livingston
County
Essex
State
New Jersey
Latitude
40.7981
Longitude
-74.3431
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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