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    OFF-MARKET
    Turn key restaurants

    575 New Brunswick Ave, Fords, NJ 08863-2130

    3,319 SF 0.07 ac lot Built 1924
    Trust Owned 1-yr Hold Free & Clear
    Property ID
    US59-0240557
    Property summary
    AI-generated overview

    This exceptional commercial property at 575 New Brunswick Avenue #2 offers a fantastic opportunity for a single-tenant retail business. The completely renovated 900 square foot space boasts a modern interior and exterior. The unit features four rooms and a full bathroom, providing ample space for various retail operations. Conveniently located on the second floor, it includes a side entrance near the rear of the building. The space is equipped with internet wiring, and a single-zone air conditioning and heating system ensures year-round comfort. Tenants are responsible for water, gas, and electricity, as well as snow removal. This property is zoned B-2, offering flexibility for a range of retail uses. The lot size is 0.072 acres. The building consists of only one suite, creating a private and efficient workspace. There are no on-site parking spaces. Note that a first-floor unit is also available and could be leased concurrently; details on that space can be found under MLS #2505839R. The property's Assessor's Parcel Number (APN) is 250006300000000202. This is a rare opportunity to secure a move-in ready, renovated retail space in a desirable location. The total building size is 3,319 square feet, with this unit comprising 900 square feet.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1924
    Total area 3,319 SF
    Lot 0.07 ac (3,143 SF)
    Zoning code B-2
    APN 25 00063-0000-00002- 02
    UPID US59-0240557
    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
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    Owner & transaction history
    Mayreli Genao Revocable Trust · 1 yrs held
    Mayreli Genao Revocable Trust
    since 2024
    2 recorded transactions
    2024
    2017
    $99,900
    Zoning & alternative use
    B-2 · Fords, NJ
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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