Sell Mixed-Use
Sell a Mixed-Use Building in New Jersey
How NJ owners sell storefront-plus-apartment and other mixed-use buildings, with published fees.
For owners of storefront-plus-apartments and other mixed-use buildings in northern New Jersey. Buyers underwrite the commercial leases and the residential rents together, and New Jersey transfer fees can treat mixed-use as commercial.
Call Jonathan Libock at (201) 694-6463 or email jon@acrex.co. Free written opinion of value within 5 business days.
How buyers look at mixed-use
Commercial rent roll: term, options, CAM and percentage rent if any
Residential rents vs local market, vacancy and turnover
Separate meters, code compliance and certificate of occupancy rules
Parking for both uses
Tax class (often 4A) and the Graduated Percent Fee on sales over $1M (Division of Taxation notice)
Sale steps
Written opinion of value (What is my commercial property worth?), documents, written listing (N.J.S.A. 25:1-16), marketing, contract and NJ filings. Full checklist: How to sell commercial property in NJ.
What AcreX charges
AcreX sale fee: 5% of the price up to $5M, 4% on the part from $5M to $10M and 3% above $10M; $10,000 minimum. Split 50/50 with the buyer’s broker. In New Jersey commissions are negotiable. Management of mixed-use, if you keep it: 5% of rent collected. Full schedules: AcreX fees and commission calculator.
No upfront fees.
Free written opinion of value or rent within 5 business days. It is a broker’s opinion, not an appraisal.
Reply within 2 business hours.
Jonathan Libock, principal broker, leads every listing.
Weekly owner report.
6-month listing agreement; cancel on 30 days’ notice after day 90.
Related
Mixed-use by county: Essex · Bergen · Hudson · Morris · Passaic · Union
Questions owners ask
What counts as mixed-use in NJ?
Usually a building with more than one use, most often ground-floor retail or office with apartments above. Tax class is often 4A commercial, which matters for the Graduated Percent Fee on sales over $1M.
How do I sell a mixed-use building?
Price the commercial income and the residential income separately, then as a whole. Buyers underwrite both. Follow the normal commercial sale steps.
Does the Graduated Percent Fee apply?
On sales over $1M, the seller-paid Graduated Percent Fee (1%–3.5% since July 10, 2025) generally applies to Class 4A commercial property. Mixed-use is often 4A; a building that is solely apartments may be treated differently. Confirm class with your assessor and attorney.
Should I sell or keep and manage it?
Compare sale proceeds to net operating income after management. AcreX manages mixed-use for 5% of rent collected.
What does AcreX charge to sell mixed-use?
5% up to $5M, 4% on $5M–$10M, 3% above $10M, $10,000 minimum. In New Jersey commissions are negotiable.
More owner questions: AcreX FAQ.
About the broker
Jonathan Libock is the founder and principal broker of AcreX Commercial Real Estate in Caldwell, NJ. He has a decade of experience in commercial real estate, including time at DR Properties, a New York City development brokerage. He specializes in industrial and multifamily land development and also works on development sites in Southeast Florida. Licensed real estate broker in New Jersey (#1757237) and Florida (#BK3462244). AcreX Realty LLC, Licensed Real Estate Broker. Licensure does not imply endorsement.
AcreX Realty LLC is a licensed NJ commercial real estate broker with published fees, at 307 Bloomfield Ave, Caldwell, NJ 07006. Call (201) 694-6463. General information, not legal or tax advice.