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    171 Main St South River, NJ 08882

    For Sale
    $1,499,900

    8,370 SF Office, Abundant Parking

    Property size:
    8,370 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 8,370 square foot office building, situated at 171 Main Street in South River, New Jersey, presents a compelling investment opportunity for both owner-users and investors. The property boasts a convenient location near major roadways including the NJ Turnpike, Route 18, and Route 1, ensuring easy accessibility for employees and clients. Recently renovated common areas and a newer roof enhance the building's appeal. Currently, four of the six suites are leased to long-term tenants, generating consistent rental income. The two vacant suites offer significant potential for owner-occupancy or further value-add opportunities for investors. These vacant spaces are ideally suited for a variety of medical and professional uses, including but not limited to physical therapy, chiropractic services, IT firms, home healthcare providers, legal practices, accounting firms, and contracting businesses. The building sits on a 0.301-square-foot lot and is a single-story structure. The asking price is $1,499,900. This property offers a blend of immediate income generation and future growth potential in a highly desirable location. Contact us today to arrange a viewing and explore this remarkable opportunity.

    Property Features for 171 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    8,370 SF

    Building Details

    Stories
    1

    HighLights

    • $1,499,900 asking price.
    • 8,370 square foot office building on a 0.301‑acre lot.
    • Located at 171 Main Street, South River, NJ 08882.
    • One‑story building with recently renovated common areas and a new roof.
    • Four of six suites are leased, generating strong rental income.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Tabori Steven DMD ... Dentist Jersey Drive Driving ... Driving School Travel Clinics of America Doctor Mackay Marine Electronics Store Daniel S. Gray, ... Chiropractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    South River
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3857209
    Latitude
    40.4472773

    Nearby Comparable

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    FAQs

    What type of property is this?
    Office Property / Space - 8,370 SF Office, Abundant Parking
    Where is this office property / space located?
    The property is located at 171 Main St South River, NJ.
    What is the asking price?
    The asking price for this property is $1,499,900.
    What are key features of this property?
    This property features: $1,499,900 asking price.; 8,370 square foot office building on a 0.301-acre lot.; Located at 171 Main Street, South River, NJ 08882.
    Request Owner's contact information
    171 Main St South River, NJ 08882
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    South River, NJ 08882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    171 Main St South River, NJ 08882
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