19 Park Pl Flanders, NJ 07836-9097
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR-3 · Flanders, NJFlanders. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.