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Property profile & analytics

369 W Main St, Unit Freehold Freehold, NJ 07728

  • Commercial real estate
  • 2,056 SF
  • 0.62 lot acres
For Sale
Last Sale
May 16, 2023
$240,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US59-0255671
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 369 W Main St

Year built
1971
Construction
FRAME
Lot size
0.62 lot acres
Property size
2,056 SF
Zone code
P-1
Property type
Commercial real estate
APN
17 00069-0000-00043
APU
1700069000000043

Description

This exceptional Freehold, NJ mixed-use property presents a prime investment opportunity for savvy business owners. Located at 369 W Main Street, Unit 369, this 2,056 square foot building boasts a highly desirable location between a major shopping mall and CentraState Hospital, ensuring significant foot traffic and visibility. The property is zoned P-1 and currently generates a substantial $2,700 per month in residential rental income, providing a consistent stream of passive revenue. The versatile space is perfectly suited for a small office or professional practice, allowing for the unique combination of business operation and rental income generation. This presents a rare chance to establish a business in a high-traffic area while simultaneously benefiting from a reliable rental income stream. The property sits on a 0-acre lot, offering convenient access and minimal land maintenance. The asking price is $675,000, representing a compelling investment opportunity in a sought-after Freehold location. Don't miss this chance to acquire a property with both immediate income and significant long-term potential.


Value Estimations

based on Realmo’s proprietary methodology
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  • CAP approach

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Location Insight

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  • Local Demand
City
Freehold
County
Monmouth
State
New Jersey
Longitude
-74.3012
Latitude
40.243
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA 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
$12,235
$311,900
$314,500
$626,400
-
$311,900
$314,500
$626,400
More about this property
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