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Property profile & analytics
FOR LEASE
Commercial real estate

141 Main St Sayreville, NJ 08872

2,121 SF 0.19 ac lot Built 1920
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US59-0358472
Property summary
AI-generated overview

This 0.187-square-foot commercial land parcel at 141 Main Street, Sayreville, NJ 08872, presents a unique investment opportunity. Located in Middlesex County, this property boasts a rich history, having been built in 1920 and featuring a two-story structure. While the building's current configuration is not specified in the provided details, the marketing materials suggest a previous use as a three-unit building with residential and commercial spaces, including a one-bedroom unit, a two-bedroom unit, and a commercial space suitable for a deli or retail business. An oversized garage, separately metered for electricity, is situated in the rear of the property and is currently rented to a local contractor. The property's location on Main Street offers high visibility and foot traffic, making it an attractive prospect for various commercial ventures. The asking price is $679,000. While the cap rate is listed as 0%, further due diligence is recommended to determine the potential return on investment. This property is ideal for investors seeking to develop or redevelop a commercial space in a thriving New Jersey community. The property's history and location offer a compelling combination of established presence and growth potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Construction FRAME
Total area 2,121 SF
Lot 0.19 ac (8,161 SF)
Zoning code B2
APN 19 00168- 13-00069
UPID US59-0358472
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
Current use
Occupant on record · Public records
  • Main Street Sub Station Electrical Substation
  • Sayreville Seafood Inc Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$600k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k
Owner & transaction history
Ndk 10 Properties LLC · 1 yrs held
Ndk 10 Properties LLC
since 2024
Last sale
$600,000
4 recorded transactions
2024
$600,000
2022
Price N/A
2014
$199,000
1969
Price N/A
Zoning & alternative use
B2 · Sayreville, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source code of ordinances
Top alternative use upside
Office building $580,000 +22.0%
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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