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Property profile & analytics

2517 Fries Mill Rd Williamstown, NJ 08094

  • Commercial real estate
  • 3,366 SF
  • 0.36 lot acres
Value Estimation
Last Sale
Dec 03, 2020
$210,000
Location Intelligence
Property ID
US59-1708990
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 2517 Fries Mill Rd

Construction
CONCRETE BLOCKS
Lot size
0.36 lot acres
Property size
3,366 SF
Property type
Commercial real estate
APN
11 14801-0000-00027
APU
1114801000000027

Description

This exceptional 2,800 square foot commercial building, situated on a 0.36-acre lot at 2517 Fries Mill Road in Williamstown, NJ, presents a truly turnkey opportunity. Boasting double road exposure, this completely renovated property is ideal for a variety of food service businesses, including pizzerias, takeout restaurants, bakeries, or breakfast cafes. The main level features a double-door entry leading to a seating area, a potential office space with access to a finishing room, and a large kitchen equipped with brand-new sinks and a hood. A convenient storage room includes a garage door for easy deliveries. All new equipment is included. Significant upgrades include a new tankless on-demand hot water heater for the first floor, a new hot water heater for the apartment, a new HVAC system for both floors, new three-phase electrical service, and a new 30-year roof. Adding to the property's income potential is a fully renovated two-bedroom apartment on the upper level. The apartment features new flooring, a new kitchen with granite countertops, new windows, a new door, and new appliances. It also includes two bedrooms, a full bathroom, a living room, and a dining room. All necessary permits have been approved, with only the septic system installation remaining, for which approved plans are already in place. This property offers a rare combination of prime location, modern amenities, and immediate operational readiness.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $235,000
  • CAP approach

    CAP return
    Estimation
    6%
    $180,000
    6.5%
    $180,000
    7%
    $155,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $195,000
    Geo Method
    $195,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $140,000
    Retail
    $175,000
    Mixed-Use
    $180,000
    Hospitality
    $140,000
    Educational
    $190,000
    Residential Income
    $165,000
    Energy
    $155,000
    Income-Based Land
    $180,000
    Food Service
    $180,000

Location Insight

  • Map
  • Local Demand
City
Williamstown
County
Gloucester
State
New Jersey
Longitude
-75.0522
Latitude
39.6991
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,960
$27,000
$193,000
$220,000
-
$27,000
$193,000
$220,000
More about this property
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