Downtown Storefront
For Sale
Contact for pricing
382 School St, Woodbridge, NJ 07095
Storefront retail suite in the downtown business district, suitable for a range of service and retail concepts.
Property Size400 SF
Price / SF$3.75
Days on Market260
Property Features for 382 School St
General Information
Standard status
Active
Size
400 SF
Taxes and HOA fees
Annual Taxes
$16,327
Listing Agency:
RE/MAX SELECT
(732) 573-4660
Listed By:
CARLO FAZIO
Source:
Exprealty
Added: Feb 2
Changed: Oct 2
Last Checked: Oct 19 at 9:20AM
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 SELECT
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 440 sq. ft. storefront space at 382 School Street in Woodbridge is positioned just steps off Main Street in the heart of the Downtown Business District. The property is well-suited for a variety of business types, including beauty and grooming services, personal training and wellness concepts, art studios, and retail.
As a compact, street-oriented storefront, the space is designed for occupancies that benefit from a visible, customer-facing presence in a central downtown setting.
As a compact, street-oriented storefront, the space is designed for occupancies that benefit from a visible, customer-facing presence in a central downtown setting.
Key Highlights
- 440 sq.ft. storefront space on School Street
- Located just steps off Main Street in the downtown business district
- Storefront suite suited to a range of service and retail concepts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,709
Suggested Prices Based on Cap Rates
Cap Rate 5%
$114,180
$114.2K
Cap Rate 7%
$81,557
$81.6K
Cap Rate 9%
$63,433
$63.4K
Market Conditions
NOI Build-Up for 400 SF
Gross rent
$8.6K $21.60/SF
− Vacancy
−$484 −$1.21/SF
EGI
$8.2K $20.39/SF
− OpEx
−$2.4K −$6.12/SF
NOI
$5.7K $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%
$114,180
Cap Rate 7%
$81,557
Cap Rate 9%
$63,433
Alternative Uses
Best Use
Retail
$81.6K
$71.4K – $95.2K
NOI $5,709 @ 7.0% cap · market cap 380.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$104.4K
$91.4K – $121.9K
NOI $7,311 @ 7.0% cap · market cap 487.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,270
Businesses Nearby
42k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 80%
Dining 20%
QuickChek
Shops & Services
11,784 visits/mo
0.1 miles
7-Eleven
Shops & Services
5,448 visits/mo
0.2 miles
Dunkin' Donuts
Dining
5,410 visits/mo
0.2 miles
Sunoco
Shops & Services
4,909 visits/mo
0.4 miles
Shell
Shops & Services
4,402 visits/mo
0.3 miles
Demographics for 07095, NJ
19,839
Population
8,132
Households
2.4
Avg Household Size
39
Median Age
34%
College-Educated
92%
High-School Grad
4.6 sq mi
ZIP Area
4,313
Density / Sq Mi
$99,718
Median Household Income
$56,988
Median Earnings
$2,077
Median Rent
$361,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Floral Expressions Woodbridge — 91 Main St, Woodbridge Township, NJ 07095
- Floral Expressions — 91 main st, woodbridge township, nj 07095
- Florist In Woodbridge — woodbridge, nj 07095
Frequently Asked Questions
What type of property is this?
Storefront property - Storefront retail suite in the downtown business district, suitable for a range of service and retail concepts.
Where is this storefront property located?
The property is located at 382 School St Woodbridge, NJ.
What are key features of this property?
This property features: 440 sq.ft. storefront space on School Street; Located just steps off Main Street in the downtown business district; Storefront suite suited to a range of service and retail concepts
