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Property profile & analytics
OFF-MARKET
Commercial real estate

172 Madison Ave Dumont, NJ 07628-2845

0.1 ac lot
Entity Owned 4-yr Hold Free & Clear
Property ID
US59-1994386
Property summary
AI-generated overview

This exceptional Dumont, NJ property presents a unique live-work opportunity, ideal for a variety of businesses. Located at 172 W Madison Ave, this 1,540 square foot general commercial space sits on a 0.1-acre lot and is offered at $3950. The main level features a spacious 25 x 25 foot open showroom, perfect for retail display or adaptable to various business needs. A large office with a half-bath is also included, offering convenient private workspace and featuring a separate rear entrance for added privacy and accessibility. The versatility of this space allows for seamless integration of business operations and personal comfort. Upstairs, a clean and well-maintained studio apartment provides comfortable living quarters, eliminating the commute and offering the convenience of living above your business. Use the apartment as a break room, storage, or simply enjoy the benefits of a combined living and working space. This property is situated in a highly desirable location, offering excellent visibility and accessibility for both business and residential purposes. The combination of commercial space and residential living makes this a truly rare and attractive investment opportunity. Don't miss this chance to own your own business and enjoy the convenience of living above your workspace in a prime Dumont location.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.1 ac (4,234 SF)
APN 10 00808-0000-00011
UPID US59-1994386
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
  • Scootaround Wheelchair Rental Service Scooter Rental Service
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
West Madison LLC · 4 yrs held
West Madison LLC
since 2021
Last sale
$325,000
2 recorded transactions
2021
$325,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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