Property profile

387 New Brunswick Ave Fords, NJ 08863

FOR SALE
Auto shops
Property ID
US59-0968562
0.11 ac lot Built 1920
Individually Owned 16-yr Hold Free & Clear
Saved · see the list in your Dashboard
387 New Brunswick Ave, Fords, NJ 08863 For Sale
Contact for pricing
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

Current use

Occupant on record · Public records
  • Building Supply General Contractor
  • Auto Repair Shop
  • Building Supply General Contractor

Location

387 New Brunswick Ave Fords, NJ 08863
Fords metro Census 3203 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2009
1 recorded transaction
2009
$320,000

Zoning & alternative use

B-2 · Fords, NJ

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message