Mixed-Use Building with Ground
339 Crows Mill Road Fords, NJ 08863
339 Crows Mill Road, Fords, NJ, 08863
$769,900
For Sale
$769,900
Totally remodeled mixed-use building with ground-floor commercial space and two residential units with central A/C.
Property Size2,682 SF
Price / SF$287.06
Days on Market18
Property Features for 339 Crows Mill Road
General Information
- Standard status
- Active
- Size
- 2,682 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1915
Listing agency
C21/ CHARLES SMITH AGENCY
(732) 721-9000
Listed by
SCOTT KESSLER
Source
Corcoran
Added: Jul 4 Updated: Jul 21 at 3:10AM Checked: Jul 21 at 3:10AM
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 C21/ CHARLES SMITH AGENCY
Investment Insights
Based on property information with market context.
Totally remodeled mixed-use building featuring three units: an unfinished ground-floor commercial space, a two-bedroom apartment on the ground floor, and a three-bedroom apartment on the second floor. All units include new forced hot air heating and central A/C. The apartments have new kitchens and bathrooms, along with new LVT flooring throughout.
The commercial space is located in a B-2 zone. Possible uses identified in the remarks include retail, personal services, business services, office/professional, and restaurants/cafes, with additional guidance available through Woodbridge Township zoning.
The commercial area is currently unfinished, with the seller able to deliver in a vanilla box condition at the list price, or negotiate custom finishes at an added cost. This configuration supports an owner-occupant scenario or an investor seeking income from both residential and commercial components.
The commercial space is located in a B-2 zone. Possible uses identified in the remarks include retail, personal services, business services, office/professional, and restaurants/cafes, with additional guidance available through Woodbridge Township zoning.
The commercial area is currently unfinished, with the seller able to deliver in a vanilla box condition at the list price, or negotiate custom finishes at an added cost. This configuration supports an owner-occupant scenario or an investor seeking income from both residential and commercial components.
Key Highlights
- 1915 mixed‑use building with 3 units: ground‑floor commercial plus a 2‑bedroom apartment and a 3‑bedroom apartment
- All units feature new forced hot air heating and central A/C
- Both apartments have new kitchens and bathrooms and new LVT flooring throughout
Local Financial Insights For Multifamily LT 5
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 | $68.6k | $25.56 |
| − Vacancy | −$4.4k | −$1.65 |
| EGI | $64.1k | $23.91 |
| − OpEx | −$19.2k | −$7.17 |
| NOI | $44.9k | $16.74 |
2,682 SF · lease $25.56/SF/yr · vacancy 6.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$641.2K
$561.1K – $748.1K
NOI $44,886 @ 7.0% cap · market cap 5.83%
Second Best
Apartment 5plus
$589.2K
$515.6K – $687.4K
NOI $41,244 @ 7.0% cap · market cap 5.36%
Theoretical Best
Office A
$700.3K
$612.8K – $817.1K
NOI $49,023 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Holey Gluten Free ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Totally remodeled mixed-use building with ground-floor commercial space and two residential units with central A/C.
Where is this mixed-use property located?
The property is located at 339 Crows Mill Road Fords, NJ.
What is the asking price?
The asking price for this property is $769,900.
What are key features of this property?
This property features: 1915 mixed‑use building with 3 units: ground‑floor commercial plus a 2‑bedroom apartment and a 3‑bedroom apartment; All units feature new forced hot air heating and central A/C; Both apartments have new kitchens and bathrooms and new LVT flooring throughout
