Three-Unit Retail Shopping
25 E Washington Avenue, Washington, NJ 07822
For Sale
$1,150,000
Commercial Sale, Washington, NJ
Property Size7,700 SF
Price / SF$149.35
Days on Market430
Property Features for 25 E Washington Avenue
General Information
Property type
Property subtype
Zoning description
Rooms
Parking features
Security features
Interior features
Exterior features
Basement
Accessibility
Directions
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
improved front facade
display windows
common area lobby
Building Details
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Coletta Commercial Realty
Listed By:
Nicholas D'Egidio
(732) 746-3051
Added: Sep 9, 2025
Changed: Oct 26
Last Checked: Nov 12 at 8:06AM
MLS# 22527356
Copyright © 2026 More MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 7,700-square-foot shopping center is configured as three individual retail units and is currently 100% occupied. Improvements include an updated front facade, display windows, and a common-area lobby. Existing occupants are The Cellar Door, Nails By Diana, and Le Crepe Cafe. Interior features include a basement, vinyl and tile flooring, forced-air heat, central air, refrigeration, and accessibility improvements with a ramped approach.
Located at 25 E Washington Avenue in Washington’s downtown business district, the property is walkable to neighborhood retail, professional services, and entertainment. The site has on-street parking and is served by public water and public sewer. Block and brick construction, a flat roof, exterior lighting, and accessible design complete the property’s commercial configuration.
Located at 25 E Washington Avenue in Washington’s downtown business district, the property is walkable to neighborhood retail, professional services, and entertainment. The site has on-street parking and is served by public water and public sewer. Block and brick construction, a flat roof, exterior lighting, and accessible design complete the property’s commercial configuration.
Key Highlights
- 7,700‑square‑foot shopping center configured as 3 individual retail units
- 100% occupied by The Cellar Door, Nails By Diana, and Le Crepe Cafe
- Updated front facade with display windows and common‑area lobby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$88,482
Cap Rate
7.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,640
$1.8M
Cap Rate 7%
$1,264,029
$1.3M
Cap Rate 9%
$983,133
$983.1K
Market Conditions
NOI Build-Up for 7,700 SF
Gross rent
$138.6K $18.00/SF
− Vacancy
−$12.2K −$1.58/SF
EGI
$126.4K $16.42/SF
− OpEx
−$37.9K −$4.92/SF
NOI
$88.5K $11.49/SF
Area
Warren County, NJ
Vacancy
8.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,769,640
Cap Rate 7%
$1,264,029
Cap Rate 9%
$983,133
Alternative Uses
Best Use
Retail
$1.26M
$1.11M – $1.47M
NOI $88,482 @ 7.0% cap · market cap 7.69%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.90M
$2.54M – $3.39M
NOI $203,349 @ 7.0% cap · market cap 17.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
634
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 07822, NJ
981
Population
338
Households
2.9
Avg Household Size
44
Median Age
28%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
133
Density / Sq Mi
$106,250
Median Household Income
$55,139
Median Earnings
$421,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Metropolitan Developers Inc — 57 State St, Washington, NJ 07882
Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied center with three retail units, display windows, and a shared lobby.
Where is this shopping center located?
The property is located at 25 E Washington Avenue Washington, NJ.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7,700‑square‑foot shopping center configured as 3 individual retail units; 100% occupied by The Cellar Door, Nails By Diana, and Le Crepe Cafe; Updated front facade with display windows and common‑area lobby
