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    Mixed-use properties

    3125 Washington Rd, Parlin, NJ 08859

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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
    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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