5 Church St Vernon, NJ 07462-3199
This exceptional 3,240 square foot commercial property, located at 5 CHURCH ST Unit 5, Vernon, NJ, presents a unique investment or business opportunity. Situated in the burgeoning Vernon Town Center, this completely renovated building (2023) boasts a prime location near popular attractions including Mountain Creek Ski Resort & Water Park, Crystal Springs Golf Resort, the Appalachian Trail, and the shopping village of Warwick, NY, as well as several wineries. The building's configuration is ideal, featuring three commercial units and one residential unit. The 0.38-acre lot provides ample space. Currently, the residential unit is occupied. This presents a compelling opportunity for an investor seeking a diversified portfolio or a business owner looking for a high-visibility location. The current owner is relocating, making the property available for immediate occupancy. Lease space is also available, offering flexibility for potential tenants. The property's strategic location and recent renovations make it an attractive proposition for a variety of commercial uses. The proximity to recreational amenities and shopping centers ensures high foot traffic and visibility. This is a rare chance to acquire a well-maintained, versatile commercial property in a rapidly growing area. Don't miss this opportunity to establish your business or expand your investment portfolio in a thriving New Jersey community.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.