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    OFF-MARKET
    Commercial real estate

    46 Roosevelt Unit Units 1, Marmora, NJ 08223

    0.06 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    This exceptional commercial property in Marmora, NJ, presents a unique opportunity for businesses seeking a prominent and adaptable space. Located at 46 Roosevelt Unit Units 1, this property boasts a combined area of Units 1 & 2, offering a large, versatile layout that can easily be converted back into two separate units if needed. Recent exterior renovations (2022) have significantly enhanced the curb appeal, creating an inviting and professional atmosphere. The property's prime corner location provides unparalleled visibility, further amplified by a large 72' x 96' backlit sign. This ensures maximum exposure for your business, attracting significant attention from potential customers. Ample parking is available on-site, providing convenient access for employees and clients. The property's strategic location offers immediate access to the Garden State Parkway, enhancing accessibility and convenience for both local and regional clientele. The 0.06-acre lot provides a solid foundation for your business operations. This is a rare opportunity to secure a high-impact commercial space in a desirable location. The property is priced at $599,000.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1985
    Lot 0.06 ac (2,614 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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