Technical
Financial
Distress signals
Property profile

48 Main St South Bound Brook, NJ 08880

OFF-MARKET
Commercial real estate
Property ID
US59-1544855
0.13 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses two strategically located parcels in the vibrant town of South Bound Brook, New Jersey. The offering includes 48 Main Street, a retail property, and 19 Cedar Street, a vacant land parcel. The combined tax assessment reflects both properties. 48 Main Street presents itself as a ready-to-occupy retail space, ideal for a variety of commercial uses, given its prime Main Street location. The adjacent 19 Cedar Street parcel offers significant potential for future development or expansion, providing an added layer of value to this combined offering. The property is situated in Somerset County, New Jersey, with a zip code of 08880. Precise lot size information for 48 Main Street is not available, however, the combined property is listed as having zero acres. The absence of structures on 19 Cedar Street provides flexibility for future development plans. This unique combination of existing retail space and undeveloped land presents a compelling opportunity for investors seeking a foothold in a thriving New Jersey market. The properties are being sold together as a single package. This presents a rare chance to acquire a combined retail and development opportunity in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.13 ac (5,808 SF)
Zoning code B
APN 19 00047-0000-00010
UPID US59-1544855

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
  • Grocery & Convenience Store Specialty Food Shop
  • Hardware & Home Improvement General Contractor

Location

48 Main St South Bound Brook, NJ 08880-1516
South Bound Brook metro Census 53000 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$575k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k

Owner & transaction history

since 2025
Last sale
$639,000
3 recorded transactions
2025
$639,000
2019
Price N/A
2018
Price N/A

Zoning & alternative use

B · South Bound Brook, NJ
Zoning description

B BUSINESS DISTRICT. § 34-27.1 Primary Intended Use. § 34-27.2 Prohibited Use. § 34-27.3 Required Conditions. § 34-28 INDUSTRIAL ZONE AND LIGHT INDUSTRIAL DISTRICT. § 34-28.1 Primary Intended Use. § 34-28.2 Conditional U…

General category COMMERCIAL

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
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