10 Park Ave Stafford Township, NJ 08050
- Office buildings
- 480 SF
Current Use by Public Records
- Office buildings
Property Details for 10 Park Ave
- Property size
- 480 SF
- Zone code
- MU
- Property type
- Office buildings
- APN
- 31 00144- 01-00016
- APU
- 31001440100016
Description
This exceptional 5,400 square foot retail building, located at 10 Park Avenue in Stafford Township, New Jersey (zip code 08050), presents a compelling investment opportunity. Built just ten years ago, the property boasts a desirable mixed-use zoning designation, offering versatility for a range of commercial ventures. The building is comprised of three individual units, each featuring its own garage door, providing ample space and convenient access. A significant advantage is the inclusion of a handicap-accessible men's and women's restroom, ensuring compliance and inclusivity. Further enhancing its appeal is a one-bedroom efficiency apartment currently generating $1,200 per month in rental income. The building's design incorporates 16-foot-high doors, extending from front to back, allowing for easy loading and unloading. Essential utilities, including water and sewer, are readily available. A thoughtful rainwater management system utilizes roof water for recharge, promoting sustainability. Year-round comfort is ensured with central heating and air conditioning throughout. Security features include both interior and exterior security systems, complemented by a comprehensive camera network. The asking price for this meticulously maintained property is $1,295,000. This property's combination of features, location, and income potential makes it a truly unique opportunity. Don't miss out!
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $305,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $340,000
- 6.5%
- $345,000
- 7%
- $330,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $360,000
- Geo Method
- $295,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $290,000
- Mixed-Use
- $360,000
- Hospitality
- $370,000
- Educational
- $385,000
- Residential Income
- $295,000
- Energy
- $335,000
- Income-Based Land
- $325,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Manahawkin
- County
- Ocean
- State
- New Jersey
- Longitude
- -74.2571
- Latitude
- 39.6937
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
