Freestanding Brick and Stone
For Sale
$625,000
1790 Front St, Scotch Plains, NJ 07076
Professional building with off-street parking; first floor delivered vacant.
Property Size1,800 SF
Price / SF$347.22
Days on Market492
Property Features for 1790 Front St
General Information
Standard status
Active
Size
1,800 SF
Taxes and HOA fees
Annual Taxes
$10,026
Listing Agency:
COLDWELL BANKER REALTY
Listed By:
JOHN CLARK WILEY
(908) 233-5555
Source:
Corcoran
Added: Jun 2, 2025
Changed: Mar 16
Last Checked: Mar 16 at 9:09AM
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 COLDWELL BANKER REALTY
Investment Insights
Based on property information with market context.
This is a freestanding brick and stone professional building offering excellent off-street parking. The building's first floor, comprising 1,000 square feet, will be delivered vacant. The lower level, which spans 800 square feet, is currently occupied by a successful hair salon. Photos and floor plans are available.
Key Highlights
- Freestanding brick and stone professional building.
- Excellent off‑street parking.
- First floor (1,000 sq ft) to be delivered vacant.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,540
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,800
$550.8K
Cap Rate 7%
$393,429
$393.4K
Cap Rate 9%
$306,000
$306.0K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$54.0K $30.00/SF
− Vacancy
−$17.3K −$9.60/SF
EGI
$36.7K $20.40/SF
− OpEx
−$9.2K −$5.10/SF
NOI
$27.5K $15.30/SF
Area
Union County, NJ
Vacancy
32.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$550,800
Cap Rate 7%
$393,429
Cap Rate 9%
$306,000
Alternative Uses
Best Use
Office B
$393.4K
$344.3K – $459.0K
NOI $27,540 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$470.0K
$411.3K – $548.4K
NOI $32,901 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,164
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Office building - Professional building with off-street parking; first floor delivered vacant.
Where is this office building located?
The property is located at 1790 Front St Scotch Plains, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Freestanding brick and stone professional building.; Excellent off‑street parking.; First floor (1,000 sq ft) to be delivered vacant.
