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    1450 Saint Georges Ave Avenel, NJ 07001

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    For Sale
    $990,000

    Mixed-use commercial property with redevelopment potential and high visibility.

    Property size:
    6,500 SF
    Lot size:
    0.43 Acres

    Property Features for 1450 Saint Georges Ave

    General Information

    Size
    6,500 SF
    Lot size
    0.43 Acres

    Source: Sitar Realty Company - Corporate Agent Douglas J. Sitar

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

    Overview

    Avenel Retail/Office Redevelopment Opportunity

    This mixed-use commercial property offers a redevelopment opportunity with great visibility on Saint Georges Avenue. The property benefits from a traffic count of 28,281 vehicles per day (2022). Abundant parking is located behind the current building. The property is zoned MF (mixed-use commercial), with permitted uses including residential units, apartments, retail, restaurants, medical facilities, offices, clubs, and community facilities. Property taxes are approximately $14,350 (2024). The property size is 6,500 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.291128
    Latitude
    40.5878324

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    FAQs

    What type of property is this?
    Retail space - Mixed-use commercial property with redevelopment potential and high visibility.
    Where is this retail space located?
    The property is located at 1450 Saint Georges Ave Avenel, NJ.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Zoned MF (mixed use commercial) allowing for diverse development options.; - Redevelopment opportunity.; - High traffic count of 28,281 VPD (2022) on Saint Georges Avenue.
    (732) 859-2144
    Request Owner's contact information
    1450 Saint Georges Ave 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
    1450 Saint Georges Ave Avenel, NJ 07001
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