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Property profile & analytics
FOR SALE
Commercial real estate

396 Main St Metuchen, NJ 08840

0.06 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US59-0271132
Property summary
AI-generated overview

This exceptional mixed-use property, located at 396 Main Street in Metuchen, New Jersey, presents a compelling investment opportunity. The 4,224 square foot building sits on a 0.06-acre lot and boasts a prime location, benefiting from high foot traffic due to its proximity to the train station and other established businesses. The property is currently fully leased, generating consistent income from a diverse tenant mix. This includes three retail spaces and two residential rental units, providing a stable and diversified revenue stream. The building is exceptionally well-maintained, minimizing potential capital expenditures for the new owner. The property is being offered at $1,500,000. Prospective buyers are responsible for conducting their own due diligence to verify all aspects of the property and its financial performance. Proof of funds will be required prior to any showings. This is a rare opportunity to acquire a profitable, established mixed-use property in a thriving New Jersey town. The strong tenant occupancy and desirable location make this an attractive investment for both seasoned and emerging real estate investors seeking a stable and appreciating asset. Don't miss this chance to secure a piece of Metuchen's vibrant commercial landscape.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Construction BRICK
Lot 0.06 ac (2,400 SF)
Zoning code B1
APN 09 00121-0000-00005- 01
UPID US59-0271132
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
  • Quick In Food Store Grocery & Convenience Store
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
Oliver Street Holdings LLC
Oliver Street Holdings LLC
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
B1 · Metuchen, 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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