Corner Mixed-Use Retail
1900 SR 35 Wall Township, NJ 07719
For Sale
Contact for pricing
Mixed-use building on a busy Route 35 corner includes retail space, a rental apartment, and a separate residential house.
Property Size2,637 SF
Price / SF$492.98
Days on Market454
Property Features for 1900 SR 35
General Information
Standard status
Active
Size
2,637 SF
Property subtype
OFFICE
Listing Agency:
Sitar Realty Company - Corporate
(732) 859-1781
Listed By:
Ronald Schrader Jr.
(732) 859-1781
Source:
Moodyscre
Added: May 2, 2025
Changed: Jul 25
Last Checked: Jul 28 at 2:34PM
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 Sitar Realty Company - Corporate
Investment Insights
Based on property information with market context.
This mixed-use building is offered for sale or lease and is positioned on a corner along Route 35. The property includes retail space plus a rental apartment, and it also features a separate residential house intended to be redeveloped.
The site is described as being on a heavily traveled Highway 35 corridor at a busy intersection. Access is noted to nearby Routes 138/195, 34, 18, 71, and the Garden State Parkway.
For redevelopment or repositioning, the asset provides both retail and residential components within a corner configuration.
The site is described as being on a heavily traveled Highway 35 corridor at a busy intersection. Access is noted to nearby Routes 138/195, 34, 18, 71, and the Garden State Parkway.
For redevelopment or repositioning, the asset provides both retail and residential components within a corner configuration.
Key Highlights
- Mixed‑use building on a busy Route 35 corner, offered for sale or lease
- Includes retail space plus a rental apartment
- Separate residential house on‑site, to be redeveloped
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.0k | $21.60 |
| − Vacancy | −$3.2k | −$1.21 |
| EGI | $53.8k | $20.39 |
| − OpEx | −$16.1k | −$6.12 |
| NOI | $37.6k | $14.27 |
2,637 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$537.7K
$470.5K – $627.3K
NOI $37,639 @ 7.0% cap · market cap 2.90%
Second Best
Mixed Use
$508.6K
$445.0K – $593.3K
NOI $35,600 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$688.6K
$602.5K – $803.3K
NOI $48,200 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building on a busy Route 35 corner includes retail space, a rental apartment, and a separate residential house.
Where is this mixed-use property located?
The property is located at 1900 SR 35 Wall Township, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Mixed‑use building on a busy Route 35 corner, offered for sale or lease; Includes retail space plus a rental apartment; Separate residential house on‑site, to be redeveloped
