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    410 Route 40 Elmer, NJ 08318

    For Sale
    $775,000

    Turn-key auto repair business, high traffic location.

    Property size:
    87,120 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional turn-key opportunity encompasses a well-established and highly successful auto repair business situated on a busy Route 40 in Elmer, New Jersey. The property boasts a total of 87,120 square feet across two separate buildings situated on a 1.91-acre lot, offering significant expansion potential. Building one features a 4-bay shop equipped with three lifts, a dedicated parts room, a comfortable customer lounge area, a restroom, and an upstairs efficiency apartment or "man cave" complete with its own bathroom. Building two is a substantial 5,000 square-foot structure, including three lifts, an alignment machine, a large parts room, two offices, and a convenient drive-in showroom. This presents a unique opportunity for a buyer to acquire a fully operational and profitable business with all necessary equipment included. The sale includes all lifts, compressors, tire balancers, tire machines, alignment machines, and inspection machines. While currently deeded as a single property, the buildings can be divided, offering flexibility for future development or expansion. This prime location on a busy highway ensures high visibility and consistent customer traffic, making this a truly exceptional investment opportunity. The asking price is $775,000.

    Property Features for 410 Route 40

    General Information

    Property type
    Other commercial real estate
    Square Feet
    87,120 SF
    Lot Size
    83,200 SF

    Building Details

    Year Built
    1960
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elmer
    County
    Salem
    State
    New Jersey
    Longitude
    -75.15891
    Latitude
    39.5994

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    FAQs

    What type of property is this?
    Commercial real estate - Turn-key auto repair business, high traffic location.
    Where is this commercial real estate located?
    The property is located at 410 Route 40 Elmer, NJ.
    What is the asking price?
    The asking price for this property is $775,000.
    (856) 848-6600
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    410 Route 40 Elmer, NJ 08318
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    Elmer, NJ 08318
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Route 40 Elmer, NJ 08318
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