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    OFF-MARKET
    Commercial real estate

    3 Chapel St, Pilesgrove, NJ 08098

    1 SF 7.48 ac lot
    Property ID
    US59-1837170
    Property summary
    AI-generated overview

    This unique 7.48-acre property in Pilesgrove, NJ, presents a compelling investment opportunity. The main structure, a substantial 7,250 square-foot building, boasts a fascinating history. Originally a single-story chapel with a mezzanine, it has been expanded to include a two-story section. The second floor comprises seven offices and two bathrooms, ideal for administrative use. The ground floor offers a large, open floor plan with three additional rooms, providing versatile space for various purposes. Included is a separate storage shed and off-street parking accommodating two to four vehicles. The property also features an active cemetery on the main parcel (Block 52, Lot 5). Further enhancing the offering is an additional lot located on Jill Road, also containing a cemetery (Block 00024, Lot 00009). The property was previously tax-exempt

    Property profile
    Verified
    Property type Commercial real estate
    Total area 1 SF
    Lot 7.48 ac (325,829 SF)
    UPID US59-1837170
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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