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Property profile

4040 Nj-42 Washington Township, NJ 08012

OFF-MARKET
Retail properties & Spaces
2,006 SF Built 1950
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Property summary

AI-generated overview

This exceptional 2,006 sq ft storefront property in Washington Township, NJ, presents a unique investment opportunity. Situated on two lots totaling 1.74 acres with 200 feet of frontage on NJ-42, this location offers unparalleled visibility and access. The existing building, constructed in 1950, is a two-story block structure featuring a main level with a spacious showroom (33'x37'), a large back office (33'x17'), and a half bath. The lower level includes various storage areas (16'x14', 10'x6', 11'x6'), a kitchen (19'x12'), and a full bath. Two standard pull-up garage doors provide convenient access. The property is zoned HC and currently serviced by public water and an onsite septic system. Its prime location adjacent to a proposed major commercial development ensures significant future growth potential. The asking price is $799,890 ($398.75/sq ft). This is a commercially-classed property

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950
Total area 2,006 SF

Cap rate & NOI

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

Location

4040 Nj-42 Washington Township, NJ 08012
Washington Township 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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