Turnkey Assisted Living
600 CENTRAL AVE Unit 0 Carlstadt, NJ 07060
For Sale
$1,400,000
Operating healthcare facility with fully equipped safety systems and multiple resident bedroom suites.
Property Size4,588 SF
Price / SF$305.14
Days on Market158
Property Features for 600 CENTRAL AVE Unit 0
General Information
Standard status
Active
Size
4,588 SF
Property subtype
General Commercial
Building Details
Year Built
1900
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
(732) 208-3890
Listed By:
SONNIA D. MAYORGA
(732) 208-3890
Source:
Xome
Added: Feb 20
Changed: Jul 23
Last Checked: Jul 28 at 3:09AM
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 KELLER WILLIAMS ELITE REALTORS
Investment Insights
Based on property information with market context.
This property is currently operating as a residential health care facility and is offered as-is. It is described as turnkey and fully equipped with safety and security systems throughout, including a comprehensive alarm system, interior and exterior video surveillance, sprinkler system, fire extinguishers, and smoke and carbon monoxide detectors.
The building is organized across three levels. The first floor features two bedrooms, two bathrooms, a kitchen, a living room, and a dining room. The second floor contains six bedrooms and two bathrooms, and the third floor includes four bedrooms and one bathroom.
Recent improvements noted in the remarks include a roof installed two years ago and a boiler installed one year ago. The seller will not make repairs or provide credits.
The building is organized across three levels. The first floor features two bedrooms, two bathrooms, a kitchen, a living room, and a dining room. The second floor contains six bedrooms and two bathrooms, and the third floor includes four bedrooms and one bathroom.
Recent improvements noted in the remarks include a roof installed two years ago and a boiler installed one year ago. The seller will not make repairs or provide credits.
Key Highlights
- Currently operating as a residential health care facility with safety and security systems across all levels
- Alarm system plus interior and exterior video surveillance, sprinkler system, fire extinguishers, and smoke/CO detectors
- Multi‑level layout: 1st floor has 2 bedrooms/2 baths, kitchen, living room, and dining room; 2nd floor has 6 bedrooms/2 baths
Financial Insights For Apartment 5plus
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 | $137.6k | $30.00 |
| − Vacancy | −$9.4k | −$2.04 |
| EGI | $128.3k | $27.96 |
| − OpEx | −$57.7k | −$12.58 |
| NOI | $70.6k | $15.38 |
4,588 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.01M
$881.9K – $1.18M
NOI $70,554 @ 7.0% cap · market cap 5.04%
Second Best
Healthcare Medical
$975.9K
$853.9K – $1.14M
NOI $68,313 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $83,861 @ 7.0% cap · market cap 5.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Rehabilitation center - Operating healthcare facility with fully equipped safety systems and multiple resident bedroom suites.
Where is this rehabilitation center located?
The property is located at 600 CENTRAL AVE Unit 0 Carlstadt, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Currently operating as a residential health care facility with safety and security systems across all levels; Alarm system plus interior and exterior video surveillance, sprinkler system, fire extinguishers, and smoke/CO detectors; Multi‑level layout: 1st floor has 2 bedrooms/2 baths, kitchen, living room, and dining room; 2nd floor has 6 bedrooms/2 baths
