691 Inman Ave, Colonia, NJ 07067
This exceptional 0.208-acre commercial land parcel, located at 691 Inman Avenue in Colonia, New Jersey (zip code 07067), presents a unique investment opportunity for both owner-users and investors. The property, built in 1952, boasts a two-story structure currently configured with versatile space. The front portion features multiple private rooms, a break room, and ample storage, ideal for a variety of commercial uses. This area is easily adaptable to suit specific business needs. A separate rental unit is also situated on the property, offering two levels of living space. Upstairs, you'll find three generously sized bedrooms and one bathroom. Downstairs, an open kitchen flows seamlessly into a comfortable living area. The property's potential extends beyond its current configuration. The substantial backyard and ample parking provide significant advantages. This property is perfectly suited for business owners seeking a combined live/work space, investors looking for rental income, or those seeking to convert the property into a single-family home. The property is situated in Woodbridge Township, Middlesex County, New Jersey, offering convenient access to major transportation routes and local amenities. The asking price for this remarkable property is $649,000.
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Dave Roy - State Farm Insurance Agent Insurance Agency
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
Property description
Physical attributes from public recordsZoning & alternative use
R7-5 · Colonia, NJColonia. Always verify with local authorities before improvements.
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.