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Property profile & analytics
FOR SALE
Commercial real estate

216 4Th St Fieldsboro, NJ 08505

3,472 SF 1.89 ac lot Built 1962
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US59-2910829
216 4Th St, Fieldsboro, NJ 08505 For Sale
$2,988,000 3,472 SF
216 4Th St, Fieldsboro, NJ 08505
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Property summary
AI-generated overview

This exceptional commercial property at 216 4th Street, Fieldsboro, New Jersey, presents a unique investment opportunity. The 1.887-acre lot features a building currently housing the established business, COOL CRICKET. The property boasts an irregular shape, approximately 200 feet by 415 feet, and includes an additional 2 acres abutting Paper Road. The site offers substantial parking capacity, with 44 spaces in front and 40 in the rear. The existing building includes a bar equipped with baseboard heating and a crawl space. A pool table and jukebox are available for lease. Security is enhanced by both interior and exterior cameras. An attached house features a full basement and laundry facilities. The building's ceiling incorporates central air conditioning with a heat pump for supplemental heating. The property is zoned for residential use, houses of worship, or other permitted commercial uses. A liquor license is included in a separate contract. The seller will consider a purchase money mortgage. The asking price is $2,988,000. Built in 1952, this single-story structure presents a versatile opportunity for a variety of commercial ventures.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1962
Construction FRAME
Total area 3,472 SF
Lot 1.89 ac (82,200 SF)
Zoning code M-U
APN 14 00033-0000-00008
UPID US59-2910829
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
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Balon Real Estate LLC · 17 yrs held
Balon Real Estate LLC
since 2008
4 recorded transactions
2008
$500,000
2007
$450,000
1969
Price N/A
1969
Price N/A
Zoning & alternative use
M-U · Fieldsboro, NJ
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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