171 Main St South River, NJ 08882-1500
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.
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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
Property description
Physical attributes from public recordsZoning & alternative use
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.