Building Details

Year Built 1996

Stories 2

Units 3

Listed By: Peter DeCicco Show Phone

Source: Thedeciccogroup.idxbroker

Added: Mar 11 Changed: Sep 8 Last Checked: Sep 8 at 5:37AM

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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 Peter DeCicco

Investment Insights

Based on property information with market context.

This well-maintained 14,500 square foot building is located in Warren Township, Somerset County. The property is 100% occupied. The first floor of the main building is occupied by a dance school, and the second floor of the main building is occupied by a Montessori school. The annex is occupied by a music school. All tenants are well-established and have multi-year leases with renewals. The property has undergone many recent updates. It is located minutes from Exit 36 on I-78. The Net Operating Income (NOI) is $255,763 with a 6.39% cap rate, presenting an excellent investment opportunity.

Key Highlights

• 100% Occupied Trophy Asset
• $255,763 Net Operating Income (NOI)
• 6.39% Cap Rate

Property Analytics

Property Profile

Current Use

K & K Enterprises ... Factory Washington Rock Dance Training Center STREAM Montessori School ... Daycare Center Vera’s Music School Vocational School

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Restaurant Law Firm Real Estate Agency Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

254

Businesses Nearby

Explore this area Business Placement

Demographics for 07059, NJ

16,096

Population

5,924

Households

2.7

Avg Household Size

47

Median Age

68%

College-Educated

97%

High-School Grad

19.7 sq mi

ZIP Area

817

Density / Sq Mi

$201,579

Median Household Income

$88,318

Median Earnings

$2,099

Median Rent

$899,200

Median Home Value

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this schools located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

School - Fully occupied building with established tenants and multi-year leases.

Where is this school located?

The property is located at 258 King George Rd Warren, NJ.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: 100% Occupied Trophy Asset; $255,763 Net Operating Income (NOI); 6.39% Cap Rate