801 Raritan Ave Highland Park, NJ 08904-2906
This exceptional executive office space at 801 Raritan Avenue, Highland Park, New Jersey, 08904, is offered for sale at $95,000. The property represents a turnkey business opportunity, established 30 years ago as Metuchen Rent-A-Car and currently operating as Hogan Auto Repair's successful car rental subsidiary for the past decade. This ongoing, profitable venture boasts a consistent client base, including 10 active corporate accounts, maintaining its original phone number and dedicated website. The sale includes 10 rental vehicles, each equipped with GPS tracking. The business generates a gross monthly revenue of $8,000. This presents a unique chance to acquire a well-established, profitable enterprise with a proven track record in a prime Highland Park location. The property's address is conveniently located at 801 Raritan Avenue, within Middlesex County. The building's year of construction is not specified. This is an ideal investment for an entrepreneur seeking a ready-made business with immediate income potential. The property is categorized as an executive office and offers a significant return on investment. Further details are available upon request.
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
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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.