Mixed-Use Building on Highway
1900 Highway 35 Wall Township, NJ 07762
1900 Highway 35, Wall Township, NJ, 07762
Contact for pricing
For Sale
Contact for pricing
Mixed-use corner property on heavily traveled Highway 35.
Property Size2,637 SF
Price / SF$492.98
Days on Market665
Property Features for 1900 Highway 35
General Information
- Standard status
- Active
- Size
- 2,637 SF
- Property subtype
- Mixed Use, Retail
Listing Agency
Sitar Realty Company Iselin
Listed by
Ron Schrader Jr. · License #NJ 0017908
Source
Crexi
Added: Sep 21, 2024 Checked: Jul 16 at 5:52 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 Sitar Realty Company Iselin
Investment Insights
Based on property information with market context.
This mixed-use building is available for sale or lease. It is situated on a corner property located in a prime retail corridor on heavily traveled Highway 35. The building has a size of 2637 square feet. The property offers convenient access to Routes 138/195, 34, 18, 71, and the Garden State Parkway.
Key Highlights
- Prime retail corridor location on heavily traveled Highway 35.
- Corner property.
- Mixed‑use building.
Local 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 | $79.1k | $30.00 |
| − Vacancy | −$5.4k | −$2.04 |
| EGI | $73.7k | $27.96 |
| − OpEx | −$33.2k | −$12.58 |
| NOI | $40.6k | $15.38 |
2,637 SF · lease $30.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$579.3K
$506.9K – $675.9K
NOI $40,552 @ 7.0% cap · market cap 3.12%
Second Best
Office B
$576.4K
$504.3K – $672.4K
NOI $40,346 @ 7.0% cap · market cap 3.10%
Theoretical Best
Office A
$688.6K
$602.5K – $803.3K
NOI $48,200 @ 7.0% cap · market cap 3.71%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Mixed-use properties
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use corner property on heavily traveled Highway 35.
Where is this mixed-use property located?
The property is located at 1900 Highway 35 Wall Township, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime retail corridor location on heavily traveled Highway 35.; Corner property.; Mixed‑use building.
