Mixed-Use Medical and Residential
549 Main Street Spotswood, NJ 08884
For Sale
$1,100,000
MULTI_FAMILY - Spotswood, NJ
Property Size3,147 SF
Lot Size1.26 Acres
Price / SF$349.54
Days on Market293
Property Features for 549 Main Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- GC
- Parking
- 10
- Parking features
- Offsite
- Standard status
- Active
- APN
- 2400014000000001
- Size
- 3,147 SF
- Lot size
- 1.26 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 14324
Utilities
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Hot Water(Heating)
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1920
- Floors in Building
- 2
- Flooring type
- Carpet, Tile - Ceramic
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
Listing Agency:
MID-STATE REALTY
(732) 251-8900
Listed By:
Denise Neftelberg
(732) 251-8900
Added: Oct 6, 2025
Changed: Jul 9
Last Checked: Jul 25 at 5:06AM
MLS# 2605564R
Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a mixed-use building zoned GC featuring a dentist office on the first floor and four rental units. The offering is described as a five-unit property with the possibility of a sixth unit. The remarks also indicate that there is vacant space, including a vacant 1BR and a garage, which is currently not producing rent.
The building is located at 549 Main Street in Spotswood, New Jersey. Parking is described as being shared with a nearby library, supporting day-to-day access for tenants and office visitors. The site is approximately 1.26 acres.
From an operating standpoint, the combination of a medical office component and residential units may appeal to buyers seeking a property with multiple income streams under one roof. The seller’s note about rental income not including rent from the vacant 1BR and garage highlights the importance of confirming current occupancy and lease status as part of due diligence. With the GC zoning and an existing dentist office tenant, this building may offer a workable setup for owner-operators or investors evaluating mixed-use medical and residential conversions or continued use.
The building is located at 549 Main Street in Spotswood, New Jersey. Parking is described as being shared with a nearby library, supporting day-to-day access for tenants and office visitors. The site is approximately 1.26 acres.
From an operating standpoint, the combination of a medical office component and residential units may appeal to buyers seeking a property with multiple income streams under one roof. The seller’s note about rental income not including rent from the vacant 1BR and garage highlights the importance of confirming current occupancy and lease status as part of due diligence. With the GC zoning and an existing dentist office tenant, this building may offer a workable setup for owner-operators or investors evaluating mixed-use medical and residential conversions or continued use.
Key Highlights
- Great investment opportunity with 5 units and potential for a 6th
- Zoned GC, allowing for diverse commercial and residential use
- Existing dentist office provides stable income on the 1st floor
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $94.4k | $30.00 |
| − Vacancy | −$6.4k | −$2.04 |
| EGI | $88.0k | $27.96 |
| − OpEx | −$39.6k | −$12.58 |
| NOI | $48.4k | $15.38 |
3,147 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$691.4K
$604.9K – $806.6K
NOI $48,395 @ 7.0% cap · market cap 4.40%
Second Best
Office B
$687.8K
$601.9K – $802.5K
NOI $48,149 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$821.7K
$719.0K – $958.7K
NOI $57,522 @ 7.0% cap · market cap 5.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Pestano Cecile D ...
Dental Office
FAQs
What type of property is this?
Apartment building - Dentist office on the first floor with four rental units in a GC-zoned multifamily property with shared parking.
Where is this apartment building located?
The property is located at 549 Main Street Spotswood, NJ.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Great investment opportunity with 5 units and potential for a 6th; Zoned GC, allowing for diverse commercial and residential use; Existing dentist office provides stable income on the 1st floor
