Corner Auto Service
For Sale
$1,695,000
369 New Brunswick Avenue 1 Fords, Fords, NJ 08863
Corner commercial property with open space and parking, suited for automotive service or contractor use.
Property Size4,064 SF
Price / SF$417.08
Days on Market99
Property Features for 369 New Brunswick Avenue 1 Fords
General Information
Standard status
Active
Size
4,064 SF
Total Parking Spaces
12
Zoning
B-2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$20,279
Amenities
Carpet,Concrete,Tile,See Remarks
true
2
Appliances,See Remarks
Business District,Commercial Area,Corner Lot
Public
0.46
12
100.00 x 100.00
On Site,Paved
4064
Building Details
Building Size
4,064 SF
Year Built
1915
Stories
2
Listed By:
Steven Bonavita · License #1429895
(732) 991-3166
Source:
Sbonavita.remax
Added: Jul 9
Changed: Oct 6
Last Checked: Oct 7 at 9:45AM
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 Steven Bonavita
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Investment Insights
Based on property information with market context.
This long-established corner commercial property has been family owned and operated since the early 1950s, offering a stable business location. The site includes open space and parking capacity, supporting operational flexibility for day-to-day commercial use. It is positioned for direct business activity, with an emphasis on visibility and accessibility.
Located along New Brunswick Avenue in Fords, New Jersey, the property’s corner configuration provides prominent exposure to passing traffic. The location is approximately 3.9 miles from the Outerbridge Crossing, offering convenient access toward Staten Island and the greater New York City area.
The property is presented for sale and is described as suitable for automotive service, contractor use, or other commercial ventures, based on the on-site parking and open space.
Located along New Brunswick Avenue in Fords, New Jersey, the property’s corner configuration provides prominent exposure to passing traffic. The location is approximately 3.9 miles from the Outerbridge Crossing, offering convenient access toward Staten Island and the greater New York City area.
The property is presented for sale and is described as suitable for automotive service, contractor use, or other commercial ventures, based on the on-site parking and open space.
Key Highlights
- 0.46‑acre corner lot in a business/commercial area with 100' x 100' lot dimensions
- Highly visible corner location along New Brunswick Avenue
- Building area totals 4,064 SF with 2 stories
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,007
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,160,140
$1.2M
Cap Rate 7%
$828,671
$828.7K
Cap Rate 9%
$644,522
$644.5K
Market Conditions
NOI Build-Up for 4,064 SF
Gross rent
$87.8K $21.60/SF
− Vacancy
−$4.9K −$1.21/SF
EGI
$82.9K $20.39/SF
− OpEx
−$24.9K −$6.12/SF
NOI
$58.0K $14.27/SF
Area
Middlesex 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%
$1,160,140
Cap Rate 7%
$828,671
Cap Rate 9%
$644,522
Alternative Uses
Best Use
Retail
$828.7K
$725.1K – $966.8K
NOI $58,007 @ 7.0% cap · market cap 3.42%
Second Best
Industrial
$651.6K
$570.2K – $760.3K
NOI $45,615 @ 7.0% cap · market cap 2.69%
Theoretical Best
Office A
$1.06M
$928.5K – $1.24M
NOI $74,283 @ 7.0% cap · market cap 4.38%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
332
Businesses Nearby
1k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Angelo's Pizza
Dining
1,043 visits/mo
0.4 miles
Demographics for 08863, NJ
12,939
Population
4,770
Households
2.7
Avg Household Size
40
Median Age
39%
College-Educated
91%
High-School Grad
1.7 sq mi
ZIP Area
7,611
Density / Sq Mi
$116,250
Median Household Income
$61,018
Median Earnings
$1,976
Median Rent
$414,100
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
- Frank's Garage — Jill Pl, Fords, NJ 08863
- C & C Towing and Auto Repairs — 641 King Georges Rd, Fords, NJ 08863
- C & C Gulf — 641 King Georges Rd, Fords, NJ 08863
- Jab Automotive Services Center — 200 Ford Ave, Fords, NJ 08863
- Cash For Junk Cars Edison — 62 Harmon Rd, Edison, NJ 08837
Frequently Asked Questions
What type of property is this?
Auto shop - Corner commercial property with open space and parking, suited for automotive service or contractor use.
Where is this auto shop located?
The property is located at 369 New Brunswick Avenue 1 Fords Fords, NJ.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: 0.46‑acre corner lot in a business/commercial area with 100' x 100' lot dimensions; Highly visible corner location along New Brunswick Avenue; Building area totals 4,064 SF with 2 stories
