277 Eisenhower PkwyLivingston, NJ 07039

  • Commercial real estate
  • 95,292 SF

Property Details for 277 Eisenhower Pkwy

Lot size
16.10 AC
Property size (Sq ft)
95,292 SF
Zone code
D-S2
Property type
Commercial real estate
APN
10 00100-0000-00043
APU
1000100000000043

Description

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

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
2023
$651,318
$12,075,000
$7,425,000
$19,500,000
-
$12,075,000
$7,425,000
$19,500,000

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