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Property profile

3125 Washington Rd Parlin, NJ 08859

OFF-MARKET
Mixed-use properties
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Mixed-use properties

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3125 Washington Rd Parlin, NJ 08859
Parlin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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