Retail Space on Main
118 W Main St High Bridge, NJ 08829
118 W Main St, High Bridge, NJ, 08829
Contact for pricing
For Sale
Contact for pricing
Retail space for sale in High Bridge, New Jersey.
Property Size1,710 SF
Price / SF$350.82
Days on Market61
Property Features for 118 W Main St
General Information
- Standard status
- Active
- Size
- 1,710 SF
- Property subtype
- RETAIL
Listing Agency
Richardson Commercial Realtors
(609) 586-1000
Listed by
Steven Marusky · License #7855828
Source
Moodyscre
Added: May 20 Checked: Jul 19 at 4:09 am
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 Richardson Commercial Realtors
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 1710-square-foot retail space located on Main Street in High Bridge, New Jersey. The property is intended for retail use.
Key Highlights
- Retail space for sale
- Located in High Bridge, New Jersey
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.9k | $21.60 |
| − Vacancy | −$2.1k | −$1.21 |
| EGI | $34.9k | $20.39 |
| − OpEx | −$10.5k | −$6.12 |
| NOI | $24.4k | $14.27 |
1,710 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$348.7K
$305.1K – $406.8K
NOI $24,407 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$446.5K
$390.7K – $520.9K
NOI $31,256 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Columbia Bank
Bank
FAQs
What type of property is this?
Retail space - Retail space for sale in High Bridge, New Jersey.
Where is this retail space located?
The property is located at 118 W Main St High Bridge, NJ.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Retail space for sale; Located in High Bridge, New Jersey