284 Springfield Ave Berkeley Heights, NJ 07922-1240
This exceptional 8,500 square foot freestanding retail building is located at 284 Springfield Avenue in the heart of downtown Berkeley Heights, Union County, New Jersey (zip code 07922). Currently configured as a party store with equipment sales and rental, including a dedicated service and repair area, this property offers significant versatility and potential for a wide range of businesses. The building features ample outside equipment and truck parking, with potential for expansion. The existing layout is well-suited for various uses, including but not limited to: garden centers, plumbing or electrical supply businesses, general contracting firms, medical or professional service providers, or even a childcare facility. Its central downtown location provides excellent visibility and accessibility, making it an ideal opportunity for a business seeking a high-traffic area with strong community presence. The single-tenant occupancy allows for complete control and customization of the space. This property presents a unique blend of existing infrastructure and adaptable space, making it a compelling investment opportunity in a thriving New Jersey community. The property's size and location make it a highly desirable asset for a variety of commercial ventures. Serious inquiries are encouraged.
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Taylor Rental Center of Berkeley Heights Party Supply Store Rental Equipment Company
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Penske Truck Rental Car Rental Facility
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Janies NJ Garage Door Repair Building Supply General Contractor
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Budget Truck Rental Car Rental Facility
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HB-2 · Berkeley Heights, NJCosts & 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.