Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Property with Renovations Title is generated by Realmo AI

    1392 St Georges Ave, Avenel, NJ

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Fully occupied retail property featuring recent renovations and below market rents.

    Type:RETAIL
    Property size:
    13,082 SF
    Lot size:
    1.12 Acres
    Price / SF:
    $244/SF
    Added:
    Jul 28, 2025
    Days on Market:
    331
    Last Refresh:
    May 20 at 8:37 pm

    Property Features for 1392 St Georges Ave

    General Information

    Standard status
    Active
    Size
    13,082 SF
    Lot size
    1.12 Acres
    Property subtype
    RETAIL

    We can help!

    Listing Contact
    Brian Murphy
    Brian Murphy

    Listing agent Brian Murphy

    Listing office Sitar Realty Company - Corporate

    Listing date Jul 28, 2025

    Source Moodyscre

    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

    HighLights

    • 100% occupied, ensuring immediate income.
    • Roofing and parking lot recently renovated.
    • Substantial tenant improvements demonstrating commitment to the property.
    • Professionally managed.
    • Below market rents.

    Overview

    This retail property is 100% occupied and professionally managed. The property has undergone recent renovations to the roofing and parking lot. Substantial tenant improvements have been made, demonstrating commitment to the location. The property features below market rents. The building has a property size of 13082 square feet.

    Local 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 $282.6k $21.60
    − Vacancy −$15.8k −$1.21
    EGI $266.7k $20.39
    − OpEx −$80.0k −$6.12
    NOI $186.7k $14.27
    13,082 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.67M
    $2.33M – $3.11M (±1% cap)
    NOI $186,723 @ 7.0% cap · market cap 5.84%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $3.42M
    $2.99M – $3.99M (±1% cap)
    NOI $239,118 @ 7.0% cap · market cap 7.47%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    • Woodbridge Crossing — 455 Green St, Iselin, NJ 08830
    • Banco Para Pagar — 900 St Georges Ave, Woodbridge Township, NJ 07095
    • St. George Plaza (Avenel) — 1152 St Georges Ave, Avenel, NJ 07001
    • Mocci Greenwood Plaza — 1009 St Georges Ave, Woodbridge Township, NJ 07067

    Map

    City
    Avenel
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.2709
    Latitude
    40.5832

    Nearby Similar for Sale

    • $679,900
      1,621 SF

      Professional Office with Garage Parking

      Well-maintained professional office with up to 10 parking spaces and a 3-car garage for everyday client visits.
      169 Demorest Avenue, Avenel, NJ 07001
      View Details
    • $3,300,000
      11,520 SF

      Avenel Shopping Center For Sale

      Shopping center with stable tenants and long-term leases.
      1392 Saint Georges Avenue, Avenel, NJ 07001
      View Details
    • $2,500,000
      3,200 SF

      Profitable Turnkey Operation on Highway

      Well-established, profitable turnkey operation on prime commercial real estate.
      867 Us Highway 1, Woodbridge Twp., NJ 07001-1357
      View Details
    • $1,800,000
      2,500 SF

      Prime Retail Corner with Drive-Thru

      Single-tenant storefront with drive-thru potential in a bustling retail corridor.
      1076 Saint Georges Ave, Woodbridge Twp., NJ 07001-1263
      View Details
    • $1,600,000
      2,500 SF

      Avenel Retail Investment Opportunity

      2,500 SF storefront in bustling retail corridor for sale.
      1076 Saint Georges Avenue, Avenel, NJ 07001
      View Details
    • $3,000

      Commercial Space in Avenel, NJ

      Commercial space suitable for professional, medical, wellness, and aesthetic businesses.
      239 Avenel Street, Avenel, NJ 07001
      View Details
    • $679,900
      1,621 SF

      Professional Office with Parking Garage

      Well-maintained office space with parking near major highways.
      169 Demorest Avenue, Avenel, NJ 07001
      View Details
    • $3,300,000
      11,520 SF

      Avenel Shopping Center For Sale

      Shopping center with stable tenants and long-term leases.
      1392 Saint Georges Avenue, Avenel, NJ 07001
      View Details
    • $525,000
      1,688 SF

      Mechanic Garage with Inventory Included

      Well-maintained mechanic garage with inventory in high-visibility area.
      11 Leesville Avenue, Avenel, NJ 07001
      View Details
    • $3,000
      2,000 SF

      Professionally Designed Commercial Suite

      Adaptable commercial suite with private offices and multiple entrances.
      239 Avenel Street, Woodbridge Proper, NJ 07001
      View Details
    • $525,000
      1,688 SF

      Mechanic Garage with Inventory Included

      Well-maintained mechanic garage in high-visibility area, includes inventory.
      11 Leesville Ave, Woodbridge Twp., NJ 07001
      View Details
    • $2,500,000
      3,200 SF

      Profitable Turnkey Operation For Sale

      Well-established, highly profitable turnkey operation on prime commercial real estate.
      867 Us Highway 1, Woodbridge Twp., NJ 07001
      View Details

    FAQs

    What type of property is this?
    Shopping center - Fully occupied retail property featuring recent renovations and below market rents.
    Where is this shopping center located?
    The property is located at 1392 St Georges Ave Avenel, NJ.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 100% occupied, ensuring immediate income.; Roofing and parking lot recently renovated.; Substantial tenant improvements demonstrating commitment to the property.
    (732) 539-3098 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Brian Murphy
    Brian Murphy
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1392 St Georges Ave, Avenel, NJ
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!