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Property profile & analytics
OFF-MARKET Estimated value $1,260,000
Office buildings

171 Main St South River, NJ 08882-1500

8,370 SF 0.3 ac lot Built 1950
Entity Owned Free & Clear
Property ID
US59-1496975
Property summary
AI-generated overview

This exceptional 8,370 square foot office building, situated at 171 Main Street in South River, New Jersey, presents a compelling investment opportunity for both owner-users and investors. The property boasts a convenient location near major roadways including the NJ Turnpike, Route 18, and Route 1, ensuring easy accessibility for employees and clients. Recently renovated common areas and a newer roof enhance the building's appeal. Currently, four of the six suites are leased to long-term tenants, generating consistent rental income. The two vacant suites offer significant potential for owner-occupancy or further value-add opportunities for investors. These vacant spaces are ideally suited for a variety of medical and professional uses, including but not limited to physical therapy, chiropractic services, IT firms, home healthcare providers, legal practices, accounting firms, and contracting businesses. The building sits on a 0.301-square-foot lot and is a single-story structure. The asking price is $1,499,900. This property offers a blend of immediate income generation and future growth potential in a highly desirable location. Contact us today to arrange a viewing and explore this remarkable opportunity.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1950
Total area 8,370 SF
Lot 0.3 ac (13,125 SF)
APN 23 00103-0000-00015- 01
UPID US59-1496975
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
  • Tabori Steven DMD LLC Dental Office
  • Jersey Drive Driving School Training Center Vocational School
  • Travel Clinics of America Physician
  • Mackay Marine Electronics & Wireless Store
  • Daniel S. Gray, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$985k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.73M
Blend (final) Blend
$1.26M
Owner & transaction history
171 Main St SR LLP
171 Main St SR LLP
since 2025
Last sale
$1.3M
4 recorded transactions
2025
$1.3M
2022
Price N/A
2022
$990,000
2008
$650,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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