Boutique Wellness
For Sale
Contact for pricing
129 S Plainfield Ave Unit 3, South Plainfield, NJ 07080
Private entry, 24-hour access, and included utilities support day-to-day use.
Property Size242 SF
Price / SF$6.82
Days on Market81
Property Features for 129 S Plainfield Ave Unit 3
General Information
Standard status
Active
Size
242 SF
Amenities
private entrance
24-hour access
utilities included
complimentary laundry room access
Listing Agency:
RE/MAX COMPETITIVE EDGE
Listed By:
DAHLIA MOYAL · License #1755687
(848) 459-5795
Source:
Mynewjerseyrealestate
Added: Jul 28
Changed: Oct 7
Last Checked: Oct 7 at 3:04PM
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 COMPETITIVE EDGE
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Investment Insights
Based on property information with market context.
Unit 3 at 129 S Plainfield Ave is a customizable spa and wellness suite within an established salon environment. The space includes a private entrance, 24-hour access, ample parking, included utilities, and access to a shared laundry room. Its clean, modern setting is arranged for businesses focused on beauty, wellness, self-care, consulting, or related professional services.
Potential applications identified for the suite include massage therapy, aesthetics, Pilates or stretching, cosmetic and wellness services, dietitian or psychiatric practices, acupuncture, and boutique chiropractic care. The property is located in South Plainfield, NJ, and offers an intimate setting alongside an existing salon clientele.
Potential applications identified for the suite include massage therapy, aesthetics, Pilates or stretching, cosmetic and wellness services, dietitian or psychiatric practices, acupuncture, and boutique chiropractic care. The property is located in South Plainfield, NJ, and offers an intimate setting alongside an existing salon clientele.
Key Highlights
- 242 property size
- Private entrance with 24‑hour access
- Utilities included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,703
Suggested Prices Based on Cap Rates
Cap Rate 5%
$74,060
$74.1K
Cap Rate 7%
$52,900
$52.9K
Cap Rate 9%
$41,144
$41.1K
Market Conditions
NOI Build-Up for 242 SF
Gross rent
$7.3K $30.00/SF
− Vacancy
−$2.3K −$9.60/SF
EGI
$4.9K $20.40/SF
− OpEx
−$1.2K −$5.10/SF
NOI
$3.7K $15.30/SF
Area
Middlesex County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$74,060
Cap Rate 7%
$52,900
Cap Rate 9%
$41,144
Alternative Uses
Best Use
Office B
$52.9K
$46.3K – $61.7K
NOI $3,703 @ 7.0% cap · market cap 224.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$63.2K
$55.3K – $73.7K
NOI $4,423 @ 7.0% cap · market cap 268.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
648
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07080, NJ
24,261
Population
8,433
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
8.2 sq mi
ZIP Area
2,959
Density / Sq Mi
$126,161
Median Household Income
$61,777
Median Earnings
$1,928
Median Rent
$444,100
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 Office in Northeast region
Similar Off Market Nearby
- The Creative Consciousness Studio — 125 Front St, South Plainfield, NJ 07080
Frequently Asked Questions
What type of property is this?
Spa & wellness property - Private entry, 24-hour access, and included utilities support day-to-day use.
Where is this spa & wellness property located?
The property is located at 129 S Plainfield Ave Unit 3 South Plainfield, NJ.
What are key features of this property?
This property features: 242 property size; Private entrance with 24‑hour access; Utilities included
