17 Main St, Elmer, NJ 08318-2232
This exceptional mixed-use property at 17 S Main Street, Elmer, NJ, presents a unique investment opportunity. The 4,000 square foot building, constructed in the 1900s, boasts a spacious, adaptable commercial space on the ground floor, ideal for a variety of businesses. Its prime South Main Street location ensures high visibility and consistent foot traffic. The open floor plan allows for customization to suit diverse business needs, from retail to professional services. Upstairs, a comfortable 1,000+ square foot, two-bedroom, one-bathroom apartment offers residential living for an owner-occupant or potential rental income. This charming apartment blends historic character with modern convenience. The property sits on a 0.21-acre lot, including a sizable backyard. Meticulously maintained, this building offers a blend of historic appeal and modern functionality, making it an attractive option for entrepreneurs and investors seeking a versatile property in a vibrant community. The building's excellent condition and location make it a standout investment in Elmer, NJ. This is a rare opportunity to acquire a property with both commercial and residential income potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R125 · Elmer, NJElmer. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.