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    893 Parkway Ave Ewing, NJ 08618

    Sponsored
    For Sale
    $359,999

    Renovated Commercial Space w/ Apartment

    Property size:
    1,202 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use building, located at 893 Parkway Avenue in Ewing, NJ, presents a unique investment opportunity. The property boasts 1,202 square feet on a 0.17-acre lot and is ideally situated directly across from Ewing High School, ensuring high visibility and accessibility. The building has undergone a complete interior renovation, offering a move-in ready condition for immediate occupancy. The first floor comprises approximately 900 square feet of commercial space, featuring a conference room, four individual offices, and a full bathroom. This space is perfect for a variety of professional uses, including but not limited to accounting firms, barbershops, medical practices, or beauty salons. The second floor includes a one-bedroom apartment, providing additional income potential or comfortable living quarters for the owner. The property also includes a full basement and ample parking. Separate entrances, heating, hot water, and electric meters enhance the functionality and efficiency of the building. The property is currently vacant. A potential conversion to a two-family dwelling is possible, though any such conversion would be the responsibility of the future owner. Priced at $359,999, this property offers a compelling blend of commercial and residential space in a prime Ewing location.

    Property Features for 893 Parkway Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,202 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1951
    Location Intelligence

    Current Use by Public Records

    Psychic in Ewing Psychic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Ewing
    County
    MERCER
    State
    New Jersey
    Longitude
    -74.79151
    Latitude
    40.25383

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    FAQs

    What type of property is this?
    Commercial real estate - Renovated Commercial Space w/ Apartment
    Where is this commercial real estate located?
    The property is located at 893 Parkway Ave Ewing, NJ.
    What is the asking price?
    The asking price for this property is $359,999.
    (609) 394-1114
    Request Owner's contact information
    893 Parkway Ave Ewing, NJ 08618
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    Ewing, NJ 08618
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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
    893 Parkway Ave Ewing, NJ 08618
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