Auto Shop with Three Service
New
For Sale
Contact for pricing
31 BORDENTOWN TPKE, Monroe Township, NJ 08831
A fenced outdoor area provides secure space for parking vehicles and equipment, with office and storage areas inside.
Property Size3,525 SF
Price / SF$1.84
Days on Market3
Property Features for 31 BORDENTOWN TPKE
General Information
Standard status
Active
Size
3,525 SF
Total Parking Spaces
9
Property subtype
Commercial
Automotive
Service Bays
3
Automotive Uses
auto repair
Additional Details
Fenced Yard
Yes
Real Estate Included
Yes
Amenities
updated bathroom
storage closet
office area
Building Details
Year Built
1953
Listing Agency:
RE/MAX First Realty
(732) 257-3500
Listed By:
Karen A Scarpa · License #8838475
(848) 565-1279
Source:
Cummingsrealtors
Added: Nov 3
Changed: Nov 4
Last Checked: Nov 4 at 2:51PM
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 RE/MAX First Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,525-square-foot auto shop, built in 1953, has three service bays and a dedicated office area. Interior features also include an updated bathroom and a storage closet.
A fenced exterior area contains nine parking spaces, providing on-site parking for vehicles or equipment.
A fenced exterior area contains nine parking spaces, providing on-site parking for vehicles or equipment.
Key Highlights
- Three service bays
- 3,525 square feet; built in 1953
- Fenced outdoor area with nine parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,565
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,300
$791.3K
Cap Rate 7%
$565,214
$565.2K
Cap Rate 9%
$439,611
$439.6K
Market Conditions
NOI Build-Up for 3,525 SF
Gross rent
$60.1K $17.04/SF
− Vacancy
−$3.5K −$1.01/SF
EGI
$56.5K $16.03/SF
− OpEx
−$17.0K −$4.81/SF
NOI
$39.6K $11.22/SF
Area
Middlesex County, NJ
Vacancy
5.90%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$791,300
Cap Rate 7%
$565,214
Cap Rate 9%
$439,611
Alternative Uses
Best Use
Retail
$718.8K
$628.9K – $838.6K
NOI $50,313 @ 7.0% cap · market cap 774.05%
Second Best
Industrial
$565.2K
$494.6K – $659.4K
NOI $39,565 @ 7.0% cap · market cap 608.69%
Theoretical Best
Office A
$920.4K
$805.4K – $1.07M
NOI $64,431 @ 7.0% cap · market cap 991.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Service bays
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08831, NJ
55,123
Population
24,898
Households
2.2
Avg Household Size
53
Median Age
51%
College-Educated
95%
High-School Grad
51.3 sq mi
ZIP Area
1,075
Density / Sq Mi
$108,741
Median Household Income
$74,340
Median Earnings
$1,872
Median Rent
$489,700
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- GC Automotive & Performance — 2 John St, Jamesburg, NJ 08831
- Dynacycle Oil — 16 Willow St, Jamesburg, NJ 08831
- Codpieces Towings LLC — 58 W Railroad Ave, Jamesburg, NJ 08831
- Old Forge Services Center — 68 Pergola Ave, Jamesburg, NJ 08831
- Chad's Auto Repair — 68 Pergola Ave, Jamesburg, NJ 08831
Frequently Asked Questions
What type of property is this?
Auto shop - A fenced outdoor area provides secure space for parking vehicles and equipment, with office and storage areas inside.
Where is this auto shop located?
The property is located at 31 BORDENTOWN TPKE Monroe Township, NJ.
What are key features of this property?
This property features: Three service bays; 3,525 square feet; built in 1953; Fenced outdoor area with nine parking spaces
