743 Main St Belford, NJ 07718
This exceptional commercial property, located at 743 Main Street in the Belford section of Middletown, New Jersey, presents a rare investment opportunity. The expansive building offers approximately 4,000 square feet of space distributed across two levels, making it highly adaptable to a variety of commercial ventures. Its B2 zoning allows for diverse uses, catering to a wide range of potential businesses. The property features multiple high garage door entrances, providing ample access for loading and unloading, and substantial second-floor space ideal for offices or additional storage. The interior boasts a highly functional layout with clear spans, robust steel beams, and impressive 16-foot ceilings in sections of the building. This substantial structure is being sold by the estate of Daniel B. Nankervis and is offered in an "as is" condition. It's important to note that obtaining all necessary Certificates of Occupancy, conducting any required inspections, and undertaking any environmental investigations are the sole responsibility of the purchaser. This presents a unique chance to acquire a significant commercial property in a desirable location with considerable potential for redevelopment or immediate occupancy. The property sits on a 0-acre lot. The asking price is $895,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.