Corner Auto Service
369 New Brunswick Avenue 1 Fords Fords, NJ 08863
369 New Brunswick Avenue 1 Fords, Fords, NJ, 08863
$1,695,000
For Sale
$1,695,000
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 Market8
Property Features for 369 New Brunswick Avenue 1 Fords
General Information
- Standard status
- Active
- Size
- 4,064 SF
Building Details
- Year Built
- 1915
Listing Agency
(732) 991-3166
Listed by
Steven Bonavita · License #1429895
(732) 991-3166
Source
Sbonavita.remax
Added: Jul 9 Checked: Jul 16 at 3:05 am
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
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
Local Financial Insights For Retail
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 | $87.8k | $21.60 |
| − Vacancy | −$4.9k | −$1.21 |
| EGI | $82.9k | $20.39 |
| − OpEx | −$24.9k | −$6.12 |
| NOI | $58.0k | $14.27 |
4,064 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
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 local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Similar For Sale Nearby
Similar Off Market Nearby
- C & C Gulf — 641 King Georges Rd, Fords, NJ 08863
- Frank's Garage — Jill Pl, Fords, NJ 08863
- Jab Automotive Services Center — 200 Ford Ave, Fords, NJ 08863
- Cash For Junk Cars Edison — 62 Harmon Rd, Edison, NJ 08837
- C & C Towing and Auto Repairs — 641 King Georges Rd, Fords, NJ 08863
FAQs
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
