43 Main St Farmingdale, NJ 07727-1340
- Commercial real estate
- 6,397 SF
- 0.73 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 43 Main St
- Lot size
- 0.73 lot acres
- Property size
- 6,397 SF
- Zone code
- VC
- Property type
- Commercial real estate
- APN
- 15 00026-0000-00001
- APU
- 1500026000000001
Description
This exceptional mixed-use property, located at 43 Main Street in the thriving business district of Farmingdale, NJ, presents a unique investment opportunity. The 6,397 square foot building sits on a desirable 0.72-acre corner lot, providing excellent visibility and accessibility from three streets. Ample paved parking is available on the property. The building is currently fully leased, comprising two ground-floor commercial office spaces and two residential apartments on the upper level. Each apartment boasts its own private walk-out terrace. Additional features include a spacious attic offering substantial storage, a large basement, attractive porches, and lovely landscaping. The property is further enhanced by a handicap-accessible ramp at the front entrance. This is a rare opportunity to acquire a fully operational mixed-use building in a prime location, offering a strong return on investment. The sale includes only the real estate
Value Estimations
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $613,000
Market price range: $309k - $1.05M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,525,000 Current use
- INDUSTRIAL (GENERAL)
- $1,320,000 Change: -13% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- Farmingdale
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.1686
- Latitude
- 40.1959
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA