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    2406 New Rd Northfield, NJ 08225

    For Sale
    $345,000

    Versatile rehab facility, ideal investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional commercial property, located at 2406 New Rd in Northfield, NJ, presents a unique investment opportunity. Situated on a busy main road within Northfield's thriving business district, this building offers high visibility and accessibility. Currently configured as a rehabilitation facility, the interior comprises four well-appointed exam rooms, perfect for medical or therapeutic practices. A spacious open area provides ample room for various uses, complemented by two restrooms, a convenient kitchenette, and two private offices. Additional storage space is also included. The building's design incorporates three separate entrances, offering significant flexibility for potential multi-tenant occupancy. This feature allows for independent access and operation, making it suitable for a variety of businesses. The property's strategic location, combined with its functional layout and versatile design, makes it an attractive proposition for investors seeking a strong return. The seller is highly motivated and open to offers. Note that the existing gym and rehabilitation equipment are available for separate purchase. This presents an added opportunity for a seamless transition for a buyer interested in continuing the current operation or adapting the space to their specific needs. The property is priced at $345,000.

    Property Features for 2406 New Rd

    General Information

    Property type
    Other commercial real estate
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Med Rehab Physical Therapist Lee Shazad, PT, ... Physical Therapist Liaqat Shazad, PT, ... Physical Therapist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Northfield
    County
    Atlantic
    State
    New Jersey
    Longitude
    -74.5649
    Latitude
    39.36236

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile rehab facility, ideal investment.
    Where is this commercial real estate located?
    The property is located at 2406 New Rd Northfield, NJ.
    What is the asking price?
    The asking price for this property is $345,000.
    (609) 646-1900
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    2406 New Rd Northfield, NJ 08225
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    Northfield, NJ 08225
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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
    2406 New Rd Northfield, NJ 08225
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