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Property profile & analytics
OFF-MARKET
Commercial real estate

107 Fulling Mill Rd Villas, NJ 08251

Property ID
US59-1463614
Property summary
AI-generated overview

This exceptional investment opportunity encompasses nearly an acre of land in Villas, NJ, featuring three separate lots zoned for General Business use. Two vacant lots offer significant development potential, while the third lot boasts two existing buildings. The main structure is a unique blend of retail and residential space. For 43 years, it successfully operated as Budd’s Bait & Tackle and Crab & Seafood. The residential area includes three bedrooms, two and a half bathrooms, natural gas hot water baseboard heating, an HVAC system for air conditioning and supplemental heating, two fireplaces, and a Generac natural gas generator. A charming two-bedroom, one-bathroom cottage, with a history of strong rental income, is also situated on the property. This cottage features natural gas forced hot air heating and a ventless AC unit. The property further enhances its appeal with an in-ground heated swimming pool, complete with a stamped concrete surround and a lovely paver patio. Three separate electric meters and two separate gas meters provide utility convenience. The sale includes all furnishings (excluding personal items), appliances, and the option to purchase existing retail inventory. This turnkey property is ideal for immediate use or customization to suit a variety of business, residential, or mixed-use ventures. Its versatility and prime location make this a truly rare find in the Villas market.

Property profile
Verified
Property type Commercial real estate
UPID US59-1463614
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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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