Mixed-Use Property with
For Sale
$534,500
120 Main St, Sayreville, NJ 08872
A three-bedroom residence is paired with an outfitted commercial salon featuring service stations and included equipment.
Property Size1,893 SF
Price / SF$282.36
Days on Market117
Property Features for 120 Main St
General Information
Standard status
Active
Size
1,893 SF
Property subtype
Mixed Use
Additional Details
Business Included
Yes
Mixed-Use Components
retail, residential
Taxes and HOA fees
Annual Taxes
$8,455
Building Details
Building Size
1,893 SF
Year Built
1940
Listing Agency:
UNITED REAL ESTATE
Listed By:
JULIO CESAR VALDEZ
(888) 501-6953
Source:
Tkregroupinc
Added: Jul 9
Changed: Nov 1
Last Checked: Nov 1 at 3:36PM
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 UNITED REAL ESTATE
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Investment Insights
Based on property information with market context.
This 1,893-square-foot mixed-use property combines a front salon with a three-bedroom apartment at the rear. The salon has been renovated and is equipped with styling stations, manicure and pedicure areas, and a reception desk. Salon furniture, fixtures, equipment, decor, and existing inventory are included. The property was built in 1940.
Key Highlights
- 1,893‑square‑foot mixed‑use property
- Three‑bedroom apartment at the rear of the building
- Renovated salon includes styling stations, manicure and pedicure areas, and a reception desk
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,019
Cap Rate
5.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$540,380
$540.4K
Cap Rate 7%
$385,986
$386.0K
Cap Rate 9%
$300,211
$300.2K
Market Conditions
NOI Build-Up for 1,893 SF
Gross rent
$40.9K $21.60/SF
− Vacancy
−$2.3K −$1.21/SF
EGI
$38.6K $20.39/SF
− OpEx
−$11.6K −$6.12/SF
NOI
$27.0K $14.27/SF
Area
Middlesex 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%
$540,380
Cap Rate 7%
$385,986
Cap Rate 9%
$300,211
Alternative Uses
Best Use
Retail
$386.0K
$337.7K – $450.3K
NOI $27,019 @ 7.0% cap · market cap 5.06%
Second Best
Mixed Use
$234.0K
$204.7K – $273.0K
NOI $16,379 @ 7.0% cap · market cap 3.06%
Theoretical Best
Office A
$494.3K
$432.5K – $576.7K
NOI $34,601 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
385
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Domino's Pizza
Dining
1,916 visits/mo
0.0 miles
Demographics for 08872, NJ
20,351
Population
7,837
Households
2.6
Avg Household Size
39
Median Age
36%
College-Educated
90%
High-School Grad
9.5 sq mi
ZIP Area
2,142
Density / Sq Mi
$97,204
Median Household Income
$50,654
Median Earnings
$1,594
Median Rent
$404,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A three-bedroom residence is paired with an outfitted commercial salon featuring service stations and included equipment.
Where is this mixed-use property located?
The property is located at 120 Main St Sayreville, NJ.
What is the asking price?
The asking price for this property is $534,500.
What are key features of this property?
This property features: 1,893‑square‑foot mixed‑use property; Three‑bedroom apartment at the rear of the building; Renovated salon includes styling stations, manicure and pedicure areas, and a reception desk
