Dual-Asset Portfolio on Mt.
186 Mount Bethel Rd Warren, NJ 07059
186 Mount Bethel Rd, Warren, NJ, 07059
$1,975,000
Pending
For Sale
$1,975,000
Pending
High-visibility, dual-asset portfolio on 1 AC lot.
Property Size6,290 SF
Lot Size1.02 Acres
Days on Market145
Property Features for 186 Mount Bethel Rd
General Information
- Standard status
- Pending
- Size
- 6,290 SF
- Lot size
- 1.02 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1870
Listing Agency
KELLER WILLIAMS MID-TOWN DIRECT
(973) 589-3050
Listed by
JOHN BRITO
Source
Corcoran
Added: Feb 25 Updated: Jul 6 at 10:00 am Checked: Jul 20 at 3:48 am
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 KELLER WILLIAMS MID-TOWN DIRECT
Investment Insights
Based on property information with market context.
This dual-asset portfolio is situated on a 1-acre lot on Mt. Bethel Road. The property includes two independent buildings on a single tax lot, offering value-add potential. It provides easy access to I-78 and Route 22. The property is suitable for investment, with possible owner-user opportunities, in a sought-after location. The property size is 6290 square feet.
Key Highlights
- Dual‑asset portfolio with two independent buildings on a single tax lot.
- High‑visibility location on Mt. Bethel Road.
- Immediate value‑add upside potential.
Local Financial Insights For Mixed Use
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 | $217.4k | $34.56 |
| − Vacancy | −$48.3k | −$7.67 |
| EGI | $169.1k | $26.89 |
| − OpEx | −$63.4k | −$10.08 |
| NOI | $105.7k | $16.80 |
6,290 SF · lease $34.56/SF/yr · vacancy 22.20% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.51M
$1.32M – $1.76M
NOI $105,702 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.64M
$1.44M – $1.92M
NOI $114,971 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Today's World Learning ...
Tutoring Service
Artfully Young
Vocational School
PAWS About LLC
Pet Grooming Service
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - High-visibility, dual-asset portfolio on 1 AC lot.
Where is this mixed-use property located?
The property is located at 186 Mount Bethel Rd Warren, NJ.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Dual‑asset portfolio with two independent buildings on a single tax lot.; High‑visibility location on Mt. Bethel Road.; Immediate value‑add upside potential.
