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    915 Us Highway 1 Avenel, NJ 07001

    For Sale
    Contact for pricing

    Long-term automotive sales operation with potential for apartment conversion.

    Property size:
    3,200 SF
    Lot size:
    0.26 Acres

    Property Features for 915 Us Highway 1

    General Information

    Size
    3,200 SF
    Lot size
    0.26 Acres

    Source: Lee & Associates | Edison Agent Kyle Janoczkin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Automotive Sales Property

    This 3,200 square foot property has been operating as a used car and truck sales business for 44 years. The township is reportedly not approving additional properties with the current zoning and permitted use. There is potential for apartment conversion on the second floor.
    Location Intelligence

    Current Use by Public Records

    Automotive properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    U-Haul Neighborhood Dealer, Enterprise Rent-A-Car

    Location Insight

    • Map
    • Local Demand
    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.288155
    Latitude
    40.5769187

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    FAQs

    What type of property is this?
    Automotive property - Long-term automotive sales operation with potential for apartment conversion.
    Where is this automotive property located?
    The property is located at 915 Us Highway 1 Avenel, NJ.
    What are key features of this property?
    This property features: - Established used car/truck sales business operating for 44 years.; - Township restrictions limit new properties with the existing zoning/permitted use.; - Potential for apartment conversion on the 2nd floor.
    (732) 447-6057
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    Avenel, NJ 07001
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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
    915 Us Highway 1 Avenel, NJ 07001
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