Building Details

Building Size 4,600 SF

Year Built 1980

Stories 2

Units 5

Tenancy Multi

Listing Agency: Re/Max Welcome Home Show Phone

Listed By: Carla Z. Campanella · License #9590434 Show Phone

Source: Cammarotarealestate

Added: Jun 16 Changed: Oct 22 Last Checked: Oct 22 at 2:29PM

Report an Issue

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Welcome Home

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Located at 1108 Old York Road in East Amwell Township, The Pointe at Ringoes is an office and retail center with LB zoning. The building dates to 1980 and has interior finishes and natural light.

The property is described as accessible to major commuter routes, with Hopewell Township, Lambertville, and East Amwell Township identified as surrounding reference areas.

Key Highlights

• Anchored by the US Postal Service and South County Library
• LB zoning
• Built in 1980

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$65,657

Cap Rate

3.28%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,313,140 $1.3M

Cap Rate 7%

$937,957 $938.0K

Cap Rate 9%

$729,522 $729.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 4,600 SF

Gross rent

$99.4K $21.60/SF

− Vacancy

−$5.6K −$1.21/SF

EGI

$93.8K $20.39/SF

− OpEx

−$28.1K −$6.12/SF

NOI

$65.7K $14.27/SF

Area

Hunterdon County, NJ

Vacancy

5.60%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,313,140

Cap Rate 7%

$937,957

Cap Rate 9%

$729,522

Alternative Uses

Best Use

Retail

$938.0K

$820.7K – $1.09M (±1% cap)

NOI $65,657 @ 7.0% cap · market cap 3.28%

Second Best

Mixed Use

$697.1K

$610.0K – $813.3K (±1% cap)

NOI $48,800 @ 7.0% cap · market cap 2.44%

Theoretical Best

Office A

$1.20M

$1.05M – $1.40M (±1% cap)

NOI $84,081 @ 7.0% cap · market cap 4.20%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Princeton Hydro Engineering Consultant United States Postal ... Post Office Dr. Patricia Erceg ... Alternative Medicine Practice Hunterdon County Library ... Public Library FedEx Drop Box Postal Service

Suggested Use

Top Pick Catering Service Kitchen & Bath Showroom Building Supply Pet Grooming Service Grocery & Convenience Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

76

Businesses Nearby

4k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Mobil Shops & Services

2,485 visits/mo 0.3 miles

Sunoco Shops & Services

1,111 visits/mo 0.2 miles

Demographics for 08551, NJ

5,540

Population

2,196

Households

2.5

Avg Household Size

48

Median Age

65%

College-Educated

97%

High-School Grad

26.2 sq mi

ZIP Area

211

Density / Sq Mi

$154,966

Median Household Income

$70,446

Median Earnings

$2,125

Median Rent

$580,400

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Frequently Asked Questions

What type of property is this?

Mixed-use property - The center includes the US Postal Service and South County Library as anchors.

Where is this mixed-use property located?

The property is located at 1108 Old York Rd #Multi East Amwell Twp, NJ.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: Anchored by the US Postal Service and South County Library; LB zoning; Built in 1980