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    Main St Metuchen, NJ 08840

    For Sale
    $1,500,000

    Prime Metuchen location, high-income potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional mixed-use commercial property in Metuchen, NJ, presents a lucrative investment opportunity. Situated on a 0.06-acre lot at a prime Main Street location, this well-maintained building boasts a strong income stream generated by three fully leased retail spaces and two residential rental units. The property benefits from significant foot traffic due to its proximity to the Metuchen train station and other established businesses, ensuring consistent tenant demand and high occupancy rates. The building's excellent condition minimizes immediate capital expenditure needs, allowing for a swift return on investment. The current configuration offers a diversified income portfolio, mitigating risk and maximizing profitability. This is an ideal acquisition for investors seeking a stable, high-yield asset in a thriving New Jersey market. Potential buyers are responsible for conducting their own due diligence to verify all aspects of the property and its financial performance. A proof of funds (POF) is required prior to any property showings. The asking price for this exceptional investment opportunity is $1,500,000. Don't miss this chance to secure a valuable asset in a highly desirable location.

    Property Features for Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    2,614 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Metuchen
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.35855
    Latitude
    40.52803

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Metuchen location, high-income potential.
    Where is this commercial real estate located?
    The property is located at Main St Metuchen, NJ.
    What is the asking price?
    The asking price for this property is $1,500,000.
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    Main St Metuchen, NJ 08840
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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
    Main St Metuchen, NJ 08840
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