Retail Building for
425 Lincoln Highway Iselin, NJ 08830
425 Lincoln Highway, Iselin, NJ, 08830
$2,800,000
For Sale
$2,800,000
Retail building on a lumber yard site, built in 1965, with R-27A4 zoning allowing multiple commercial and residential uses.
Property Size8,400 SF
Price / SF$333.33
Days on Market41
Property Features for 425 Lincoln Highway
General Information
- Standard status
- Active
- Size
- 8,400 SF
- Property subtype
- Retail
Listing agency
(973) 202-9119
Listed by
William Sitar Jr.
(973) 202-9119
Source
Sitarcompany
Added: Jun 11 Updated: Jul 21 at 2:28AM Checked: Jul 21 at 8:35AM
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 William Sitar Jr.
Investment Insights
Based on property information with market context.
The property is an approximately 8,400 SF retail building constructed in 1965, offered for sale as a redevelopment opportunity. The site is described as a lumber yard, and the offering includes zoning details for R-27A4 (Route 27 Area 4) in Woodbridge, NJ.
The property is located less than 1 mile from Exit 132 of the Garden State Parkway (North & South). The recorded traffic count is 14,028 VPD. The R-27A4 district is intended to support a mix of dining, commercial, and residential uses along the Route 27 corridor, with permitted uses including restaurants, bars, and fast-food; financial institutions and offices (including medical and dental); health/fitness clubs; daycare centers; and multi-family residential developments. For full information, the Area 4 Redevelopment Plan is referenced under the documents tab on the property website.
Property taxes are listed as $23,721 for 2025.
The property is located less than 1 mile from Exit 132 of the Garden State Parkway (North & South). The recorded traffic count is 14,028 VPD. The R-27A4 district is intended to support a mix of dining, commercial, and residential uses along the Route 27 corridor, with permitted uses including restaurants, bars, and fast-food; financial institutions and offices (including medical and dental); health/fitness clubs; daycare centers; and multi-family residential developments. For full information, the Area 4 Redevelopment Plan is referenced under the documents tab on the property website.
Property taxes are listed as $23,721 for 2025.
Key Highlights
- ±8,400 SF retail building on a lumber yard site, constructed in 1965
- Less than 1 mile from Exit 132 of the Garden State Parkway (N/S)
- Zoned R‑27A4 (Route 27 Area 4) in Woodbridge, NJ
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 | $181.4k | $21.60 |
| − Vacancy | −$10.2k | −$1.21 |
| EGI | $171.3k | $20.39 |
| − OpEx | −$51.4k | −$6.12 |
| NOI | $119.9k | $14.27 |
8,400 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.71M
$1.50M – $2.00M
NOI $119,896 @ 7.0% cap · market cap 4.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.19M
$1.92M – $2.56M
NOI $153,539 @ 7.0% cap · market cap 5.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building on a lumber yard site, built in 1965, with R-27A4 zoning allowing multiple commercial and residential uses.
Where is this retail space located?
The property is located at 425 Lincoln Highway Iselin, NJ.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: ±8,400 SF retail building on a lumber yard site, constructed in 1965; Less than 1 mile from Exit 132 of the Garden State Parkway (N/S); Zoned R‑27A4 (Route 27 Area 4) in Woodbridge, NJ
