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Property profile & analytics
FOR SALE
Commercial real estate

108 Avenue Of 2 Rivers Of Two Rivers Rumson, NJ 07760

2,195 SF 0.29 ac lot
Entity Owned 21-yr Hold Absentee Owner Free & Clear
Property ID
US59-1091450
Property summary
AI-generated overview

This exceptional 2,200 square foot office building, situated on a 0.29-acre lot in desirable Rumson, NJ, presents a unique investment opportunity. Built in 1982 by the original owner for their medical practice, this Williamsburg-style building showcases meticulous craftsmanship and pride of ownership. The building features high-quality construction, including special-order brick and operable double-hung Pella windows, ensuring both durability and aesthetic appeal. Climate control is provided by a two-zone air conditioning system and three-zone hot water baseboard heating, offering comfort and efficiency. The interior boasts nine-foot sheetrock ceilings in the reception area, creating a spacious and welcoming atmosphere. The layout includes three lavatories, three exam rooms equipped with sinks, a substantial secretarial/administrative area, a former x-ray room (easily adaptable), a kitchenette, and a utility room. Two oversized corner offices provide ample space for executives or specialized departments. The building is constructed on a slab foundation, and features a second-story unfinished space currently used for storage, offering potential for expansion or additional office space. This corner location in Rumson offers excellent visibility and accessibility, making it an ideal location for a variety of professional uses. The property's high-quality construction, desirable location, and versatile layout make it a truly exceptional offering.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction CONCRETE BLOCKS
Total area 2,195 SF
Lot 0.29 ac (12,449 SF)
Zoning code NB
APN 41 00099-0000-00014
UPID US59-1091450
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Roymac Realty LLC · 21 yrs held
Roymac Realty LLC
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
NB · Rumson, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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