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    FOR SALE
    Auto shops

    387 New Brunswick Ave, Fords, NJ 08863

    0.11 ac lot Built 1920
    Individually Owned 16-yr Hold Free & Clear
    Property ID
    US59-0968562
    387 New Brunswick Ave, Fords, NJ 08863 For Sale
    $199,000
    387 New Brunswick Ave, Fords, NJ 08863
    View Listing →
    Property summary
    AI-generated overview

    This well-established auto repair shop presents a unique investment opportunity. Located at 387 New Brunswick Ave, Fords, NJ, this thriving business is offered for sale at $125,000. The shop benefits from a highly visible location in a busy area, ensuring consistent customer traffic. A long-term lease is in place with a monthly rent of $3,500, providing financial stability and minimizing operational risks. The sale includes all essential automotive equipment, significantly reducing the initial investment required by a new owner. This includes a state-of-the-art wheel alignment machine and tire machine, along with other valuable tools and machinery. Years of dependable service have cultivated a loyal customer base, generating repeat business and referrals, a significant asset for continued growth and profitability. The sale encompasses all necessary equipment, existing inventory, and comprehensive customer records, allowing for a seamless transition and immediate commencement of operations. This turnkey business is poised for continued success under new ownership, offering minimal downtime and immediate revenue generation. Detailed financial information and lease terms are available upon request. Schedule a viewing to explore this exceptional opportunity.

    Property profile
    Verified
    Property type Auto shops
    Use group AUTO REPAIR, GARAGE
    Year built 1920
    Lot 0.11 ac (5,000 SF)
    Zoning code B-2
    APN 25 00054- 01-00014
    UPID US59-0968562
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Intoxalock Ignition Interlock Building Supply General Contractor
    • MNM Auto Repair Auto Repair Shop
    • Lifesafer Ignition Interlock Building Supply General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Khan,shamin · 16 yrs held
    Khan,shamin
    since 2009
    1 recorded transaction
    2009
    $320,000
    Zoning & alternative use
    B-2 · Fords, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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