Listing Agency: Jeffery Realty s***@jefferyrealty.com Show Phone

Listed By: Shane Wierks · License #NJ 0786772

Source: Crexi

Added: Apr 10 Changed: Aug 11 Last Checked: Aug 19 at 5:08PM

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Investment Insights

Based on property information with market context.

This for-sale retail property is presented with a reported 6.12% cap rate. The offering includes 3,900 SF of retail space.

The property is located at 3292 Washington Road in Parlin, NJ 08859. For brokers and tenants, this size and use profile can support a range of retail formats consistent with the existing retail designation.

Additional details such as layout, storefront features, and current occupancy terms are not provided in the available information.

Key Highlights

• Retail property for sale with a reported 6.12% cap rate
• Total building size: 3,900 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nail Salon Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

291

Businesses Nearby

Explore this area Business Placement

Demographics for 08859, NJ

24,666

Population

9,067

Households

2.7

Avg Household Size

40

Median Age

38%

College-Educated

94%

High-School Grad

4.8 sq mi

ZIP Area

5,139

Density / Sq Mi

$96,593

Median Household Income

$52,648

Median Earnings

$1,625

Median Rent

$407,100

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property priced on a reported 6.12% cap rate.

Where is this retail space located?

The property is located at 3292 Washington Road Parlin, NJ.

What are key features of this property?

This property features: Retail property for sale with a reported 6.12% cap rate; Total building size: 3,900 SF