Property profile

3200 Rte 94 Franklin, NJ 07416

OFF-MARKET
Mixed-use properties
2,900 SF 2.65 ac lot Built 1960
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 3200 Route 94, Unit 3200 in Franklin, NJ, presents a unique investment opportunity. The property encompasses a substantial 2,900 square feet situated on a 2.65-acre lot, offering both commercial and residential space within a single, convenient location. The commercial component is a well-appointed medical doctor's office, featuring eight individual rooms and a half-bath. The office boasts a professional front entrance for patients and a separate private side entrance, ensuring both convenience and privacy. The residential portion comprises a spacious, single-level, four-bedroom, two-full-bathroom home. This versatile layout allows for a variety of uses, including owner-occupancy with rental income from the office space, or the potential to rent out the entire residential area while utilizing the office space. The property is zoned R-C, offering flexibility for future development or expansion. This prime location in Franklin, NJ, provides easy access to major transportation routes and a thriving community. The combination of commercial and residential space makes this property an ideal investment for those seeking a high-return opportunity with significant potential for growth. The property is priced at $399,900.

Property profile

Verified
Property type Mixed-use properties
Year built 1960
Total area 2,900 SF
Lot 2.65 ac (115,434 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3200 Rte 94 Franklin, NJ 07416
Franklin metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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