Log In/Sign Up
Your email has been sent.
1 State Rt 94 4,780 SF Office Building Vernon, NJ 07462 $595,000 ($124.48/SF)
Investment Highlights
- Sits directly on highly trafficked local parkway.
Executive Summary
Great Investment Opportunity! High Visibility Office Space Available With 2 Current Long Time Tenants! Bring Your Business to This Highly Desirable Location! Available Office Space Is Turn Key!
Agent Remarks: Current rental income from lower tenant is $2,700 per month and upstairs a$1,300. Total yearly income of $48,000. Projection of rent on vacant office space is $1650 per month for at total yearly income of $67,800. Current M to M rentals are grossly under priced with no rent increase over 5 Yrs.
Agent Remarks: Current rental income from lower tenant is $2,700 per month and upstairs a$1,300. Total yearly income of $48,000. Projection of rent on vacant office space is $1650 per month for at total yearly income of $67,800. Current M to M rentals are grossly under priced with no rent increase over 5 Yrs.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
4,780 SF
Building Class
C
Year Built
1985
Price
$595,000
Price Per SF
$124.48
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
2,350 SF
Building FAR
0.23
Lot Size
0.47 AC
Zoning
PLC - Planned Living Community
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $649,200 | |
| Land Assessment | $393,200 | Total Assessment | $1,042,400 |
Property Taxes
Parcel Numbers
Land Assessment
$393,200
Improvements Assessment
$649,200
Total Assessment
$1,042,400
1 of 21
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
1 State Rt 94
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.