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    48 Main St South Bound Brook, NJ 08880

    Sponsored
    For Sale
    Contact for pricing

    Two parcels, retail & vacant land. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity encompasses two strategically located parcels in the vibrant town of South Bound Brook, New Jersey. The offering includes 48 Main Street, a retail property, and 19 Cedar Street, a vacant land parcel. The combined tax assessment reflects both properties. 48 Main Street presents itself as a ready-to-occupy retail space, ideal for a variety of commercial uses, given its prime Main Street location. The adjacent 19 Cedar Street parcel offers significant potential for future development or expansion, providing an added layer of value to this combined offering. The property is situated in Somerset County, New Jersey, with a zip code of 08880. Precise lot size information for 48 Main Street is not available, however, the combined property is listed as having zero acres. The absence of structures on 19 Cedar Street provides flexibility for future development plans. This unique combination of existing retail space and undeveloped land presents a compelling opportunity for investors seeking a foothold in a thriving New Jersey market. The properties are being sold together as a single package. This presents a rare chance to acquire a combined retail and development opportunity in a desirable location.

    Property Features for 48 Main St

    General Information

    Property type
    Land

    HighLights

    • Exceptional investment opportunity: Two parcels in South Bound Brook, NJ (08880): 48 Main Street (retail) & 19 Cedar Street (vacant land).
    • 48 Main Street is a ready‑to‑occupy retail space.
    • 19 Cedar Street offers development potential.
    • Properties are sold together; combined tax assessment reflects both.
    • Located in Somerset County, NJ.
    Property Profile Location Intelligence

    Current Use by Public Records

    Hi-Tams Ice Cream Ice Cream Shop RP Gutters Gutter Cleaning Service

    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 Bound Brook
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5265973
    Latitude
    40.555897

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - Two parcels, retail & vacant land. High-traffic location.
    Where is this land located?
    The property is located at 48 Main St South Bound Brook, NJ.
    What are key features of this property?
    This property features: Exceptional investment opportunity: Two parcels in South Bound Brook, NJ (08880): 48 Main Street (retail) & 19 Cedar Street (vacant land).; 48 Main Street is a ready-to-occupy retail space.; 19 Cedar Street offers development potential.
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    48 Main St South Bound Brook, NJ 08880
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    South Bound Brook, NJ 08880
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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
    48 Main St South Bound Brook, NJ 08880
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