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Property profile & analytics
OFF-MARKET
Commercial real estate

19 Park Pl Flanders, NJ 07836-9097

1,732 SF 0.51 ac lot Built 2010
Entity Owned 15-yr Hold ~ Est. High Equity
Property ID
US59-2037007
Property summary
AI-generated overview

This exceptional Flanders, NJ property presents a unique investment opportunity encompassing two distinct buildings on a 0.51-acre lot. The first structure, a charming colonial, currently functions as commercial office space. However, its adaptable layout and classic architectural details offer significant potential for conversion into a spacious four-bedroom, two-and-a-half-bathroom residence. This building provides ample space for both professional and residential uses, making it ideal for those seeking a blend of work and living spaces. The second building is an established and thriving antique store, a well-loved local business with a loyal customer base. This existing commercial enterprise offers immediate income potential and benefits from the property's prime location. The expansive 0.51-acre lot provides ample parking, accommodating approximately twenty vehicles. This mixed-use property is perfectly suited for entrepreneurs seeking business expansion, homeowners desiring a property with commercial income potential, or investors looking for a unique and versatile investment. The property's location and the combination of residential and commercial possibilities create a compelling opportunity in the desirable Flanders market. This property offers a rare blend of residential comfort and commercial success.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2010
Construction FRAME
Total area 1,732 SF
Lot 0.51 ac (22,098 SF)
Zoning code CR-3
APN 27 05800-0000-00033
UPID US59-2037007
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
19 Park Place Associates LLC · 15 yrs held
19 Park Place Associates LLC
since 2011
3 recorded transactions
2011
$470,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
CR-3 · Flanders, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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