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Property profile & analytics
OFF-MARKET
Commercial real estate

Main St Spotswood, NJ 08884

0.3 ac lot Built 1930
Property ID
Property summary
AI-generated overview

This charming 3-bedroom, 2-bathroom colonial home, situated on a 0.3-acre lot in Spotswood, NJ, presents a unique investment opportunity. Currently used as a residential property, it's zoned General Commercial, opening doors to a wide array of possibilities. The property boasts classic architectural details including arched openings, original hardwood flooring, spacious rooms, and high ceilings, all ready for a modern update. A full basement and a walk-up attic offer significant potential for expansion. Enjoy a wrap-around porch and the convenience of ample parking via the adjacent Walgreens access road. The home features newer windows and a brand-new roof will be installed before closing, eliminating a significant expense for the buyer. Located on busy Main Street, this property benefits from high visibility and convenient access to major roadways including Route 18, Route 527, and the New Jersey Turnpike. Surrounded by established commercial businesses, this property is poised to capitalize on the dense, thriving Spotswood community. Priced at $469,900, this is an exceptional opportunity to acquire a versatile property with significant upside.

Property profile
Verified
Property type Commercial real estate
Year built 1930
Lot 0.3 ac (13,068 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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