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    214-224 Front St South Plainfield, NJ 07080

    For Sale
    $3,800,000

    2.9-acre lot, two buildings, high potential

    Property size:
    20,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Exceptional investment opportunity in South Plainfield, NJ, presents a 2.9-acre commercial property at 214-224 Front Street, encompassing two distinct buildings. The property, situated at the intersection of Oak Tree Avenue and Front Street, features a well-established approximately 10,000 square foot diner/restaurant complete with two private party halls. This diner/restaurant is included in the sale. A separate retail farmer's market building is currently leased. The total property size is 20,000 square feet, offering ample parking for over 200 vehicles. This one-story property presents significant growth potential and is a rare find in the market. The asking price is $3,800,000. The property's location and existing businesses provide a strong foundation for future development and expansion. This is an exceptional opportunity for investors seeking a high-return commercial property in a desirable New Jersey location. The property is zoned for commercial use and offers a unique blend of established businesses and significant development potential. The ample parking and high-traffic location make this a truly remarkable investment opportunity.

    Property Features for 214-224 Front St

    General Information

    Property type
    Land
    Square Feet
    20,000 SF
    Lot Size
    126,324 SF

    Building Details

    Stories
    1

    HighLights

    • $3,800,000 asking price.
    • 2.9‑acre commercial land parcel in South Plainfield, NJ.
    • 20,000 square feet of building area.
    • Includes a 10,000 SF diner/restaurant with two private party halls and a leased farmer's market.
    • Over 200 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    South Plainfield
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4110515
    Latitude
    40.5786242

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    FAQs

    What type of property is this?
    Land - 2.9-acre lot, two buildings, high potential
    Where is this land located?
    The property is located at 214-224 Front St South Plainfield, NJ.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: $3,800,000 asking price.; 2.9-acre commercial land parcel in South Plainfield, NJ.; 20,000 square feet of building area.
    Request Owner's contact information
    214-224 Front St South Plainfield, NJ 07080
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    South Plainfield, NJ 07080
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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
    214-224 Front St South Plainfield, NJ 07080
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