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134 Ledge-Landing Rd 2,000 SF 100% Leased Retail Building Landing, NJ 07850 $839,900 ($419.95/SF)
Executive Summary
Prime Mixed-Use Investment Opportunity in Landing, NJ! This FHA-approved property offers strong rental income, a scenic pond at the property line perfect for fishing and relaxing views, and is located in a high-demand area with excellent access to major highways (80, 46, 10, 206), just a short walk to the train station and under two miles from the elementary school. It features a spacious 2-bedroom apartment renting for $2,350/month, a cozy studio generating $1,595/month, and a versatile three-room commercial unit with a kitchen and full bath two rooms currently rented for $1,950/month. The property also includes a potential income-generating parking lot adding $400+ monthly. Solar panels are approved for the property, providing long-term energy savings, and there's opportunity to install an advertising billboard for additional income. Zoned B1 Commercial, it allows for flexible mixed-use or redevelopment. With consistent cash flow, strong ROI, and the option to live on-site while managing, this is a rare and valuable investment opportunity you don't want to miss!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,000 SF
Building Class
B
Year Built
1977
Price
$839,900
Price Per SF
$419.95
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.52 AC
Zoning
B-1 - Retail & Mixed use
Frontage
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-10101-0000-00026 | Improvements Assessment | $163,700 |
| Land Assessment | $106,600 | Total Assessment | $270,300 |
Property Taxes
Parcel Number
36-10101-0000-00026
Land Assessment
$106,600
Improvements Assessment
$163,700
Total Assessment
$270,300
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134 Ledge-Landing Rd
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