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Investment Highlights

  • Heavy traffic area
  • Corner lot
  • One block from train station

Executive Summary

Taxes per month are $21,028.

Financial Summary (Actual - 2025) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Auto Repair
Building Size
1,661 SF
Building Class
C
Year Built
1975
Price
$1,525,000
Price Per SF
$918.29
Cap Rate
7%
NOI
$106,750
Percent Leased
100%
Building Height
1 Story
Building FAR
0.14
Lot Size
0.28 AC

About 184 SOUTH AVE , FANWOOD, NJ 07023

Well-Established & Trusted Mechanical Repair Business + Real Estate This is a rare opportunity to acquire a highly successful, long-established full-service mechanical repair business — including the real estate. After more than 40 years of dedicated ownership, the founders are ready to retire and begin their next chapter. Since 1985, they have built this business from the ground up, earning a stellar reputation for quality workmanship, integrity, and dependable service. Ideally located in downtown Fanwood, just steps from the Fanwood Train Station, the shop benefits from excellent visibility and accessibility. Through decades of serving friends, neighbors, and the surrounding community, the business has cultivated a loyal and repeat customer base that continues to generate steady, consistent revenue. Strong Growth Potential This operation offers mechanical repair services — provides excellent revenue and significant upside potential. An ambitious Owner/Operator can step in and immediately capitalize on the established name, repeat clientele, and outstanding local reputation. Truly Turn-Key This offer includes: • The operating business • The building and real estate • All equipment You can be fully operational on day one after closing, with everything in place to continue serving customers seamlessly. Property Highlights The well-maintained building features: • A welcoming front desk reception area • Rear storage space with a kitchenette • Three fully functional service bays Situated on a high-traffic corner lot at Route 28 (South Avenue) and Third Street, the location offers excellent visibility and convenient access from a broad surrounding area. Financials are available to qualified buyers. Don’t miss this opportunity to own a respected local business, control your future, and step confidently into business ownership.

Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100

Nearby Major Retailers

PNC Bank
TD Bank
Golden Krust Caribbean Restaurants
Wells Fargo Bank
Valley National Bank
Bank of America
Chase Bank

Property Taxes

Property Taxes

Parcel Number
05-00060-0000-00001
Land Assessment
$583,200
Improvements Assessment
$90,800
Total Assessment
$674,000
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
  • Listing ID: 39675869

  • Date on Market: 3/5/2026

  • Last Updated:

  • Address: 184 South Ave, Fanwood, NJ 07023

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