429 State Route 31 Washington Twp., NJ $ 1,199,000
429 State Route 31
$ 1,199,000
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429 State Route 31

Washington Twp., NJ, 07882
$ 1,199,000
Bedrooms-- Baths--

Monthly Estimate*

$ 7,571

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Commercial Property for sale in Washington Twp., NJ

for $1,199,000 with 1 half bath. This building was built in 1980.

**Mixed-Use Investment Property with Highway Frontage " Washington Township, NJ**Unique mixed-use investment opportunity situated on approximately **1.13 acres** in a commercial district of **Washington Township, NJ 07882**. The property offers multiple income streams and excellent visibility, featuring **over 325 feet of highway road frontage**.The site includes a **commercial building currently rented**, a **single-family home currently rented**, and **seven mobile home pad sites**. The mobile homes are **tenant-owned** and pay land lease rent to the landlord, creating a diversified income structure with limited ownership responsibility for the mobile home units themselves.This property is ideal for an investor seeking a multi-income asset with commercial zoning characteristics, strong road exposure, and potential long-term upside. With its combination of residential rental income, commercial rental income, and land lease revenue, the property presents a rare opportunity in the Washington Township market.Prospective buyers should perform their own due diligence regarding permitted uses, zoning, leases, income, expenses, and any future redevelopment or expansion potential.

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Commercial Active

Price

$ 1,199,000

Half Bath

1

Property Type

Commercial

Taxes

$ 16,371

Style

OffcFStd

Year Built

1980

Town/City

Washington Twp.

County/Region

Warren

MLS | Web ID

4038168

Features
General
Sewer Septic
Construction Brick/Block See Remarks
Heating See Remarks
Cooling See Remarks
Utilities Electric
Possession POT
Roof Asphalt Shingle Flat
Zoning HC
Year Built 1980
Township Washington Twp.
Property Type Free Standing Office Mixed Use See Remarks OffcFStd
Tax Year 2025
Ownership Fee Simple
Location Freestanding Highway Location
Gross Income 79022
County Warren
Net Operating Income 54147
Operating Expense 24877
Status Active
Directions near Asbury-Anderson & Route 31 intersection
Number Of Units Total 9
Tax Annual Amount 16371
Drive Additional Parking Blacktop Hard Surface Off-Street Parking
Leasable Area 0
Standard Status Active
Tax Assessed Value 389700
Town # 3022
Tax Lot 2
Farm Assessment No
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Exterior
Water Source Shared Well
Exterior Description Brick/Block See Remarks
Building Area Total 3007
Lot Dimensions 310 FF IRR 1.08 AC
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Interior
Fuel Type Oil Tank Below Ground See Remarks
Total Stories 1
Half Baths 1
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* Excluded Features
List By
MICHAEL DEL CIOPPO

Listing Agent

Realty One Group Next Door

Broker

njparealestate@gmail.com

Email

Affordability Calculator

$8,935
Per Month
85%
15%
0%
Monthly Principal & Interest
$7,571
Monthly Property Taxes
$1,364
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
291163 Elementary School
291353 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/2/2026$1,199,000 Listed Price

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429 State Route 31, Washington Twp., NJ, 07882 is a Commercial Property for sale at $1,199,000. 429 State Route 31 was built in 1980. The property's zip code is 07882 which is in Washington Twp., NJ