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Property profile & analytics
OFF-MARKET
Commercial real estate

61 Whitehead Ave South River, NJ 08882-1740

2,334 SF 0.06 ac lot
Individually Owned 2-yr Hold ~ Est. High Equity
Property ID
US59-0074215
Property summary
AI-generated overview

This exceptional 900-square-foot commercial land parcel at 61 Whitehead Avenue in South River, New Jersey (08882), presents a unique investment opportunity. Zoned for commercial use (APN: 2300332000000001), this single-tenant property is ideally situated at the corner of Dear Creek Village Apartment Community, a complex boasting approximately 96 units, ensuring high visibility and potential customer traffic. Previously occupied by a grocery and deli store for over 15 years, the property is now vacant and ready for immediate occupancy. The space features an open layout and a full bathroom, making it suitable for a variety of commercial uses, including but not limited to, offices or retail establishments. The property is approved for commercial use and is offered with a long-term lease in mind. This location offers unparalleled access to a substantial resident base, providing a strong foundation for a thriving business. Don't miss this chance to establish your business in a high-traffic, well-established area. Serious inquiries only.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Total area 2,334 SF
Lot 0.06 ac (2,500 SF)
APN 23 00332-0000-00001
UPID US59-0074215
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
Mary Botros · 2 yrs held
Mary Botros
since 2024
Last sale
$410,000
4 recorded transactions
2024
$410,000
2022
Price N/A
2005
$220,000
1995
$125,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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