Two-Bay Auto Service
New
For Sale
$649,900
3 County Rd 526, Allentown, NJ 08501
Commercial Sale, Allentown, NJ
Property Size1,750 SF
Lot Size0.09 Acres
Price / SF$371.37
Days on Market2
Property Features for 3 County Rd 526
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Rooms
Basement
Parking
20
Parking features
Paved or Surfaced, Parking Lot
Interior features
Auto Bay
Lot features
Irregular Lot, Corner Lot
Directions
In Allentown main Street to Right on County Road 526 then on Right
Standard status
Active
APN
03-00009-0000-00001
Size
1,750 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
7630
Utilities
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Building materials
Block, Brick
Roof type
Shingle
Listing Agency:
Keller Williams Premier Office · Keller Williams Realty
(609) 459-5100
Listed By:
Theodore Skopas
(609) 213-7300
Added: Oct 15
Changed: Oct 16
Last Checked: Oct 16 at 7:06PM
MLS# 22632768
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 1,750-square-foot automotive property occupies a 0.09-acre site and is configured as a two-bay repair facility. Block and brick construction, concrete flooring, a shingle roof, and a basement are among its physical features. Paved parking is provided on site, along with public water and public sewer service.
The property was previously operated as a gasoline service station. Seller-provided information states that the former fuel storage tanks have been removed.
The property was previously operated as a gasoline service station. Seller-provided information states that the former fuel storage tanks have been removed.
Key Highlights
- Two‑bay automotive repair configuration
- 1,750 square feet on a 0.09‑acre site
- Block and brick construction with concrete flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,978
Cap Rate
3.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,560
$499.6K
Cap Rate 7%
$356,829
$356.8K
Cap Rate 9%
$277,533
$277.5K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$37.8K $21.60/SF
− Vacancy
−$2.1K −$1.21/SF
EGI
$35.7K $20.39/SF
− OpEx
−$10.7K −$6.12/SF
NOI
$25.0K $14.27/SF
Area
Monmouth County, NJ
Vacancy
5.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,560
Cap Rate 7%
$356,829
Cap Rate 9%
$277,533
Alternative Uses
Best Use
Retail
$356.8K
$312.2K – $416.3K
NOI $24,978 @ 7.0% cap · market cap 3.84%
Second Best
Industrial
$239.7K
$209.7K – $279.6K
NOI $16,776 @ 7.0% cap · market cap 2.58%
Theoretical Best
Office A
$457.0K
$399.8K – $533.1K
NOI $31,987 @ 7.0% cap · market cap 4.92%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Service bays
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
2k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Fulton Bank
Shops & Services
1,714 visits/mo
0.1 miles
Demographics for 08501, NJ
6,574
Population
2,495
Households
2.6
Avg Household Size
46
Median Age
60%
College-Educated
96%
High-School Grad
27.2 sq mi
ZIP Area
242
Density / Sq Mi
$133,015
Median Household Income
$71,700
Median Earnings
$1,457
Median Rent
$530,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Allentown Auto Body — 59 N Main St, Allentown, NJ 08501
- Valero — 1650 Old York Rd, Allentown, NJ 08501
- Rk Auto — 1650 Old York Rd, Allentown, NJ 08501
Frequently Asked Questions
What type of property is this?
Auto shop - The property includes paved parking, a basement, and public water and sewer service.
Where is this auto shop located?
The property is located at 3 County Rd 526 Allentown, NJ.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Two‑bay automotive repair configuration; 1,750 square feet on a 0.09‑acre site; Block and brick construction with concrete flooring
