3125 Washington Rd, Parlin, NJ 08859
This exceptional mixed-use property at 3125 Washington Road, Parlin, NJ, presents a unique investment opportunity. Priced at $1,450,000, the property boasts a fully renovated single-family home, providing versatile living or office space. The substantial improvements include all new windows, three completely new bathrooms, and a brand-new heating system, ensuring modern comfort and efficiency. Beyond the residential component, the property features multiple large bay garages, ideal for storage, workshops, or light industrial use. The presence of an existing concrete company on the site adds significant potential for continued income generation or expansion. The property sits on a sizable lot, offering ample space for various uses and future development. While the square footage is not currently specified, the extensive renovations and versatile layout make this a compelling investment. Prospective buyers are responsible for conducting their own due diligence to fully assess the property's potential and suitability for their intended purposes. This is a rare opportunity to acquire a multi-use property with significant upside potential in a desirable location. The combination of residential, office, and garage space, coupled with the existing business, makes this a truly unique and attractive investment.
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
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.