Upper Montclair

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  • 233 Bellevue Ave Montclair New Jersey 07043 United States
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1REC's Take
Pros

✔ Upscale shopping and dining ✔ Good public transportation ✔ High-quality schools

Cons

✘ High cost of living ✘ Limited affordable housing ✘ Crowded during peak hours

Shopper Profile

• Affluent Residents: High-income families and professionals • Tourists: Visiting local boutiques and cafes • Preferences: Upscale retail, dining

Successful Retail Uses:
Boutique Shops, Upscale Dining, Specialty Stores
About Location
Upper Montclair offers a sophisticated, family-friendly retail environment. It’s home to a range of upscale boutiques, artisanal food shops, and cafes. The area attracts a well-heeled crowd, primarily consisting of older families. Rents are relatively high, suitable for premium retail brands.
Household Income in Trade Area: $150,000
Retail Sales in Trade Area: $800 million
Population in Trade Area: 100,000
Occupancy
Tenant Sales per Square Foot: $800
Occupancy Rate: 95%
Anchor Tenants: Upper Montclair Plaza, Whole Foods
Tenant Rent/Sales Ratio (%): 18.75%
Rent $ / Visitor (relative cost of the foot traffic): $30
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Preferred ISP(s)
Optimum, Verizon
Estimated Permit Timeline (weeks)
6-8
Landmarks Risk
Low
Union Labor Disharmony Likelihood
Low
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Primary Landlord: Street
Retail Type: Streets & Neighborhoods
Address: 233 Bellevue Ave
Montclair
New Jersey
07043
United States
MSA: New York-Newark-Jersey City NY-NJ-PA

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