640 Middlesex Ave Metuchen, NJ 08840
- Commercial real estate
- 0.59 lot acres
Current Use by Public Records
- Metuchen Corner Deli / Deli
- Vivek Vyas, Realtor / Real Estate Agent
- Jamie Vergara - Weichert Realtors / Real Estate Agent
- Jackie J. Dunlap / Real Estate Agents
- Maria Coogan Real Estate / Real Estate Agent
Property Details for 640 Middlesex Ave
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.59 lot acres
- Zone code
- B3
- Property type
- Commercial real estate
- APN
- 09 00083-0000-00018
- APU
- 900083000000018
Description
This exceptional business opportunity is located at 640 Middlesex Avenue in the thriving town of Metuchen, New Jersey. Priced at $389,900, this property presents a unique chance to establish or expand your business in a highly desirable location. While the exact square footage is not currently specified, the property offers significant potential for a variety of commercial ventures. The absence of acreage indicates a likely building-focused opportunity, ideal for businesses that don't require extensive outdoor space. The property's address on Middlesex Avenue suggests high visibility and accessibility, potentially benefiting from significant foot and vehicle traffic. Metuchen's vibrant community offers a strong local market, making this an attractive proposition for entrepreneurs seeking a well-established and supportive environment. Further details regarding the specific features and layout of the property are available upon request. This is a rare chance to acquire a commercial property in a prime Metuchen location, and interested parties are encouraged to act quickly. The asking price reflects the significant potential and strategic location of this business opportunity. Serious inquiries only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $450,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $460,000
- 6.5%
- $435,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $485,000
- Geo Method
- $505,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $530,000
- Mixed-Use
- $510,000
- Hospitality
- $520,000
- Educational
- $425,000
- Residential Income
- $430,000
- Energy
- $445,000
- Income-Based Land
- $555,000
- Food Service
- $465,000
Location Insight
- Map
- Local Demand
- City
- Metuchen
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.3671
- Latitude
- 40.541
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
