Readington Twp. Flemington, NJ 08822
SINGLE_FAMILY - Readington Twp., NJ
- Added:
- Jan 24, 2025
- Days on Market:
- 532
- Last Refresh:
- Jul 10 at 10:06 pm
Property Features for Readington Twp.
General Information
- Property type
- Residential
- Property subtype
- Other
- Standard status
- Active
- Size
- 12,900 SF
Building Details
- Year built
- 1959
Listing agent John Carriere (908) 581-0300
Listing office BHHS Fox & Roach Hunterdon County Regional Office NJ (908) 735-9700
Listing date Jan 24, 2025
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Investment Insights
Based on property information with market context.
A separate third building is dedicated to the parts department and an accessory showroom. The property also includes a house on-site, allowing an owner or operator to live and work at the same location.
Overall, the layout supports a power sports use with distinct areas for sales display, service operations, vehicle and inventory storage, and parts/accessories merchandising.
Key Highlights
- Power sports business operating for over 50 years, serving New Jersey
- Main building includes showroom, office, and service center
- Includes two additional buildings for storage of service/repair vehicles and new inventory
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 | $278.6k | $21.60 |
| − Vacancy | −$15.6k | −$1.21 |
| EGI | $263.0k | $20.39 |
| − OpEx | −$78.9k | −$6.12 |
| NOI | $184.1k | $14.27 |
Alternative Uses
Property Analytics
Current Use by Public Records
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