Mixed-Use Property in Prime
630 Valley Rd Gillette, NJ 07933
630 Valley Rd, Gillette, NJ, 07933
$785,000
For Sale
$785,000
Well-maintained mixed-use property with income potential and convenient location.
Property Size3,500 SF
Lot Size0.20 Acres
Price / SF$224.29
Days on Market189
Property Features for 630 Valley Rd
General Information
- Standard status
- Active
- Size
- 3,500 SF
- Lot size
- 0.20 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1994
Listing Agency
C-21 JOHN ANTHONY
(732) 906-2300
Listed by
ANTONIA LAZZARO
Source
Corcoran
Added: Jan 9 Checked: Jul 17 at 3:40 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 C-21 JOHN ANTHONY
Investment Insights
Based on property information with market context.
This well-maintained mixed-use property is situated in a prime location. The first floor is currently configured as a karate studio, featuring a 29 x 25 open floor room, two separate waiting rooms, two private offices, a finished basement with hardwood floors, front and back entrances, and a powder room. The second floor comprises an apartment with a 20 x 20 great room with a high ceiling, a full bathroom, a laundry room, a bright kitchen with a balcony, and a private entrance. This property presents an opportunity for investors or owner-occupiers seeking an income-producing space. The property has a good rent history, and the current tenants are willing to stay. The zoning is B-1-20 (village business, basic retail), and buyers should verify this. A large detached garage and over 14 parking spaces are available on site. This is an opportunity to establish a business, with proximity to the Gillette train station and a major highway. Updates include the roof, electrical box, and second-floor A/C in 2025, and the driveway/parking area in 2022. The property size is 3500 square feet.
Key Highlights
- Prime location mixed‑use property suitable for investors or owner‑occupiers.
- Income‑producing first‑floor commercial space with established tenants.
- Large detached garage with over 14 parking spaces.
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 | $75.6k | $21.60 |
| − Vacancy | −$4.2k | −$1.21 |
| EGI | $71.4k | $20.39 |
| − OpEx | −$21.4k | −$6.12 |
| NOI | $50.0k | $14.27 |
3,500 SF · lease $21.60/SF/yr · vacancy 5.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$713.7K
$624.5K – $832.6K
NOI $49,956 @ 7.0% cap · market cap 6.36%
Second Best
Mixed Use
$367.1K
$321.2K – $428.3K
NOI $25,696 @ 7.0% cap · market cap 3.27%
Theoretical Best
Office A
$913.9K
$799.7K – $1.07M
NOI $63,974 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Chu's Academy of Martial ...
Training Center
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with income potential and convenient location.
Where is this mixed-use property located?
The property is located at 630 Valley Rd Gillette, NJ.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Prime location mixed‑use property suitable for investors or owner‑occupiers.; Income‑producing first‑floor commercial space with established tenants.; Large detached garage with over 14 parking spaces.
