Technical
Financial
Distress signals
Property profile

289 High St Metuchen, NJ 08840

OFF-MARKET
Industrial properties
Property ID
US59-1311772
0.21 ac lot
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional single-tenant warehouse, located at 289 High Street in Metuchen, New Jersey, presents a unique opportunity. The property boasts a convenient location with a Commercial zoning designation (APN: 0900152000000049) and is situated on a 0.209-square-foot lot. The building itself is a single-story structure with a total area of 250 square feet. While it currently has no designated parking spaces, its prime location in Metuchen offers easy access to various transportation options. The property's previous use as an office space highlights its versatility and adaptability to a range of business needs. The building is suitable for a single tenant, offering a private and efficient workspace. Prospective tenants should be aware that a 1.5-month security deposit and one month's rent are required. Furthermore, all necessary due diligence with the city is the responsibility of the tenant. This compact yet functional warehouse is perfect for a small business seeking a strategic location in a thriving New Jersey community. The zip code is 08840.

Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Construction FRAME
Lot 0.21 ac (9,100 SF)
APN 09 00152-0000-00049
UPID US59-1311772

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
  • Electrical Service General Contractor

Location

289 High St Metuchen, NJ 08840-2266
Metuchen metro Census 2200 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2019
1 recorded transaction
2019
$400,000

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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