375 Spotswood Englishtown Rd, Monroe Township, NJ 08831
This exceptional commercial property, located at 375 Spotswood Englishtown Road in Monroe Township, New Jersey (zip code 08831), presents a unique investment opportunity. The 0.313-acre lot boasts a total area of 3,608 square feet and is situated on a highly visible corner lot. Built in 1978, the property features a two-story structure with a newly renovated commercial space currently operating as a barber shop. This space includes its own bathroom and a private entrance from a connecting street, offering significant street exposure and potential for diverse commercial uses. The existing building provides ample opportunity for expansion or redevelopment. The property also includes a dedicated parking lot, enhancing its commercial appeal. The asking price for this versatile property is $850,000. The property's location in Middlesex County, New Jersey, offers easy access to major transportation routes and a thriving local economy. This is an ideal opportunity for investors seeking a blend of residential and commercial potential, or for entrepreneurs looking to establish a business in a high-traffic area. The property's existing infrastructure and prime location make it a highly attractive investment prospect. The property is zoned for commercial use. Serious inquiries only.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.