Property profile

239 Avenel St 4 Avenel, NJ 07001

FOR SALE
Medical Office Space
Property ID
US59-0929076
9,000 SF 0.57 ac lot Built 1955
Entity Owned 9-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial space located in Avenel, New Jersey on a 0.57-acre lot. The interior layout includes four private offices, two reception areas, and two entry points, along with dedicated work areas, additional storage space, and a full bathroom. The space is configured to support a range of office and service uses, including professional services, medical and wellness-related operations, and personal aesthetic services such as makeup services or similar practices.

Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1955
Total area 9,000 SF
Lot 0.57 ac (25,000 SF)
Zoning code B-1
APN 25 00856- 06-01057
UPID US59-0929076

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm
  • Trucking Company
  • Spa & Massage Center Alternative Medicine Practice
  • Dental Office
  • Physician

Location

239 Avenel St, Unit 4 Avenel, NJ 07001
Avenel metro Census 2703 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$522k
Blend (final) Blend
$510k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Zoning & alternative use

B-1 · Avenel, NJ

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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