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    Wantage Twp Auto Shop Title is generated by Realmo AI

    168 County Rd 565, Wantage Twp, NJ 07461

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    Claim this Listing
    For Sale
    $525,000

    Three-bay garage with lifts and office space for sale.

    Property size:
    2,000 SF
    Lot size:
    0.53 Acres
    Price / SF:
    $262/SF
    Added:
    Mar 8, 2026
    Days on Market:
    107
    Last Refresh:
    Mar 16 at 11:03 am

    Property Features for 168 County Rd 565

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.53 Acres

    Building Details

    Year Built
    1975

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    Listing Contact
    TERI DEGROAT

    Listing agent TERI DEGROAT

    Listing office WEICHERT REALTORS

    Listing date Mar 8, 2026

    Source Corcoran

    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 WEICHERT REALTORS

    HighLights

    • Highly Visible Location
    • 3‑Bay Garage with 2 Lifts
    • Garage Size Approximately 42x32
    • Includes Tire Machine and Air Compressor
    • Office and Storage Room Included
    • Work Bench and Shelves Included

    Overview

    This commercial property features a three-bay garage equipped with two lifts, a workbench, shelves, an air compressor, and a tire machine. The garage space measures approximately 42x32 feet and includes an office and storage room. An above-ground oil tank is located in the storage area. The property is suitable for automotive-related businesses and offers a highly visible location.

    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 $43.2k $21.60
    − Vacancy −$2.4k −$1.21
    EGI $40.8k $20.39
    − OpEx −$12.2k −$6.12
    NOI $28.5k $14.27
    2,000 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $407.8K
    $356.8K – $475.8K (±1% cap)
    NOI $28,547 @ 7.0% cap · market cap 5.44%
    Second Best
    Industrial
    $320.7K
    $280.6K – $374.1K (±1% cap)
    NOI $22,448 @ 7.0% cap · market cap 4.28%
    Theoretical Best
    Office A
    $522.2K
    $457.0K – $609.3K (±1% cap)
    NOI $36,557 @ 7.0% cap · market cap 6.96%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Auto shops

    Suggested Use

    Restaurant Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Department Store Accounting Firm Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Faber's Garage — 27 County Rd 628, Wantage, NJ 07461
    • All County Transmissions Inc. — 252-A County Rd 565, Sussex, NJ 07461
    • Country Classic Auto Body — 27 County Rd 628, Wantage, NJ 07461
    • The Village Smith and Cycle Works LLC — 134 Compton Rd, Wantage, NJ 07461
    • K&A Towing And Recovery — 205 County Rd 565, Wantage, NJ 07461

    Location Insight

    • Map
    • Local Demand
    City
    Wantage Twp
    County
    Sussex
    State
    New Jersey
    Longitude
    -74.630772
    Latitude
    41.19796

    FAQs

    What type of property is this?
    Auto shop - Three-bay garage with lifts and office space for sale.
    Where is this auto shop located?
    The property is located at 168 County Rd 565 Wantage Twp, NJ.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Highly Visible Location; 3‑Bay Garage with 2 Lifts; Garage Size Approximately 42x32
    More about this property
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