Mixed-Use Property with Income
For Sale
$1,200,000
1508 FRONT ST Unit 0, Scotch Plains, NJ 07076
Mixed-use property with office, garage, and rental income.
Property Size1,800 SF
Price / SF$666.67
Days on Market344
Property Features for 1508 FRONT ST Unit 0
General Information
Standard status
Active
Size
1,800 SF
Property subtype
Office
Taxes and HOA fees
Annual Taxes
$22,629
Amenities
3
Asphalt Shingle
B-2
Gravel.
116X178 AVG, 116X178 AVG
Central Business District.
Building Details
Year Built
1960
Listing Agency:
ERA SUBURB REALTY
(908) 322-4434
Listed By:
PAUL LAMASTRA
Source:
Xome
Added: Sep 14, 2025
Changed: Aug 23
Last Checked: Aug 23 at 4:41AM
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 ERA SUBURB REALTY
Investment Insights
Based on property information with market context.
This mixed-use property, previously a construction and overhead garage company, includes a lot approximately 70' x 140' behind the main building. A second building facing 111 Terrill Road is currently leased to Rita's Ice and Subway, generating rental income. The Front Street building features approximately 1,200 sq. ft. of office space and a 600 sq. ft. garage. The property is zoned B-2 and is located in an X Flood Zone, eliminating the need for flood insurance. The back lot offers potential rental income. The property has a potential cap rate of 10%.
Key Highlights
- Existing tenants Rita's Ice and Subway provide steady rental income.
- Potential 10% cap rate.
- B‑2 zoning offers versatile business opportunities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,012
Businesses Nearby
Explore this area
Business Placement
Demographics for 07076, NJ
24,871
Population
9,037
Households
2.8
Avg Household Size
41
Median Age
65%
College-Educated
97%
High-School Grad
9.0 sq mi
ZIP Area
2,763
Density / Sq Mi
$173,564
Median Household Income
$86,300
Median Earnings
$1,816
Median Rent
$696,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with office, garage, and rental income.
Where is this mixed-use property located?
The property is located at 1508 FRONT ST Unit 0 Scotch Plains, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Existing tenants Rita's Ice and Subway provide steady rental income.; Potential 10% cap rate.; B‑2 zoning offers versatile business opportunities.
