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1590 5Th Street Ewing, NJ $ 950,000
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$ 950,000 Get more info
1590 5Th Street
$ 950,000
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1590 5Th Street

Ewing, NJ, 08638
$ 950,000
Bedrooms-- Baths-- Sq 9,838

Monthly Estimate*

$ 5,927

1590 5Th Street, Ewing, NJ 08638 - Image 1
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Commercial Property for sale in Ewing, NJ

for $950,000. This 9,838 square foot building was built in 1980 on a lot size of 0.44.

Two fully leased buildings with a 9% Cap Rate. Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 14.5 ft clear height and 6 vehicle lifts and is an existing auto use. Tenant in Building 2 is on a three year lease. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the 500 years flood plain, however there is a pump system installed to minimize any flooding issues. Seller will consider seller financing for a well qualified buyer with appropriate down payment. Property is located in Sub Area 8 of Olden Avenue Redevelopment Plan.

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Commercial Active

Price

$ 950,000

Property Type

Commercial

Taxes

$ 19,118

Style

Manufacturing,Auto Related,Professional,Warehouse

Lot Size

0.44

Year Built

1980

Town/City

Ewing

County/Region

Mercer

MLS | Web ID

NJME2049272
Features
Interior
Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 6
Entry Level 2
Number of Elevators 0
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Utilities Sewer Available Electric Available
Possession Immediate
Roof Flat Shingle
Zoning COMMERCIAL
Construction Materials Block
Exclusions Tenant’s property
Year Built 1980
Property Subtype Industrial
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality EWING TWP
Business Type Manufacturing Auto Related Professional Warehouse Other
Accessibility None
County MERCER
Net Operating Income 85900.00
Operating Expense 31000.00
New Construction N
Property Type Commercial Sale
Possible Use Flex Space Industrial Manufacturing Office Printing Warehouse Wholesale Automotive
Water Access Y/N N
Status ACTIVE
Directions From Spruce st take 5th st to 1590 5Th St .
City EWING
Number Of Units Total 2
MLS Area Ewing Twp (21102)
Lot Size Units Square Feet
Lot Size Square Feet 18962.00
Tax Annual Amount 19118.31
Price Per Sq Ft Total AG 96.56
Acceptable Financing Seller Financing Cash
Historic Y/N N
Lease Considered Y/N N
Vacation Rental Y/N N
Location Type Business District
Standard Status Active
Year Built Source Estimated
Tax Lot 21 27
Cap Rate 0.09
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Exterior
Parking Features Paved Parking
Water Source Public
Inclusions “As is- where is “ condition.
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 9838.00
Lot Size Acres 0.44
Lot Size Source Estimated
Waterfront Y/N N
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 1590
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* Excluded Features
List By
Bhhs Fox & Roach Hopewell Valley

Broker

winn.thompson@foxroach.com

Email

Affordability Calculator

$7,520
Per Month
79%
21%
0%
Monthly Principal & Interest
$5,927
Monthly Property Taxes
$1,593
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
9/24/2024$950,000 Listed Price

Map

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1590 5Th Street, Ewing, NJ, 08638 is a Commercial Property for sale at $950,000 with 9,838 sqft and a lot size of 0.44. 1590 5Th Street was built in 1980. The property's zip code is 08638 which is in Ewing, NJ

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