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Property profile & analytics
OFF-MARKET
Commercial real estate

5 Church St Vernon, NJ 07462-3199

3,240 SF 0.39 ac lot Built 1960
Entity Owned 3-yr Hold Free & Clear
Property ID
US59-1946699
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1960
Total area 3,240 SF
Lot 0.39 ac (16,988 SF)
APN 22 00404-0000-00001
UPID US59-1946699
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Ryty Realty LLC · 3 yrs held
Ryty Realty LLC
since 2022
Last sale
$220,000
2 recorded transactions
2022
$220,000
2019
$280,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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