56-58 MAIN ST & OBERT South River, NJ 08882

$2,700,000
56-58 MAIN ST & OBERT, South River, NJ 08882
Call 866-441-4349
3322900

Commercial Property for sale in South River, NJ

for $2,700,000 with 17 full baths. This 20,406 square foot building was built in 1936 on a lot size of 0.21 Acre(s).

Property Information

  • $2,700,000
  • 17 Full Baths
  • Commercial
  • 20,406 Square Feet
  • Taxes are $26,007
  • Mixed Use
  • Active
  • 3 Floors
  • Lot size of 0.21 Acre(s)
  • Built in 1936
  • Unit 56-58
  • South River, NJ
  • Middlesex County
  • MLS/Web ID is 3322900

Description

Great investment property- 5 Retail stores and 12 apartments .Fully rented for an annual gross income of $287190.00 and low annual expenses of $57, 542.00 12 Apartments - 4 with 2 bedrooms, 4 with 3 bedrooms and 4 with 4 bedrooms

Interior 9

Appliances

  • Fire Alarm

Basement

  • Basement
  • Partially Finished
  • Unfinished

Cooling System

  • None / Unknown

Flooring

  • Carpet(s)
  • Tile Flooring
  • Wood Floors

Heating Source

  • Natural Gas

Heating System

  • 2 Units
  • Radiant

Sewer

  • Public Sewer

Utilities

  • Underground Utilities

Water Source

  • Public Water

Exterior 5

Construction

  • Brick & Block

Lot Description

  • Corner

Parking

  • 1-20 Parking Spaces
  • Additional Parking
  • On Street Parking

Roof

  • Flat Roof

Siding

  • Brick

Miscellaneous 2

Commercial

  • Sale Includes Building & Land

Location

  • Business District

Rental 1

Tenant Pays

  • All Utilities

† Excluded Feature

Listed By

Listing Agent: Wadiah Gadallah
Broker: Weichert Realtors
Office: Edison

56-58 MAIN ST & OBERT , South River, NJ, 08882 is a Commercial Property for sale at $2,700,000 with 20,406 sqft and a lot size of 0.21 Acre(s). 56-58 MAIN ST & OBERT has 17 baths and was built in 1936. The property's zip code is 08882 which is in South River, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in South River $307,529 89 % below $250,000 91 % below
Commerical listings in South River $605,296 78 % below $457,500 83 % below
Sold listings in South River $232,980 91 % below $230,000 91 % below

Get the facts about South River, NJ!

Population 15,644
Population Growth (since 2000) 2 %
Median Income $66,343
Median Age 38.62
Households w/ Children 34 %

Residential Dwellings

  • Owned 3653
  • Vacant 283
  • Rented 1870

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