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28 John Ringo Rd
Ringoes, NJ 08551
Retail Property For Sale


Executive Summary
Exceptional investment opportunity featuring TWO fully leased income producing properties being offered together. This turnkey portfolio combines strong cash flow with extensive updates, making it an outstanding addition to any investor's holdings. The first mixed use building features a beautifully renovated commercial space on the first floor, currently occupied by a well established restaurant, along with three fully leased residential apartments. The commercial space has been thoughtfully updated, creating an attractive and modern environment for its long term tenant. The second building consists of six renovated one bedroom apartments, each with its own private entrance. Every unit has been updated and is fully occupied, providing immediate and consistent rental income. Both buildings have been well maintained and feature new siding, new roofs, and rear parking for tenants and customers. With all units leased, extensive renovations already completed, and strong in place income, this is a rare opportunity to acquire a stabilized, low maintenance investment with excellent cash flow from day one. Whether you're expanding an established portfolio or adding your next high performing asset, Exceptional investment opportunity featuring TWO fully leased income producing properties being offered together. This turnkey portfolio combines strong cash flow with extensive updates, making it an outstanding addition to any investor's holdings. The first mixed use building features a beautifully renovated commercial space on the first floor, currently occupied by a well established restaurant, along with three fully leased residential apartments. The commercial space has been thoughtfully updated, creating an attractive and modern environment for its long term tenant. The second building consists of six renovated one bedroom apartments, each with its own private entrance. Every unit has been updated and is fully occupied, providing immediate and consistent rental income. Both buildings have been well maintained and feature new siding, new roofs, and rear parking for tenants and customers. With all units leased, extensive renovations already completed, and strong in place income, this is a rare opportunity to acquire a stabilized, low maintenance investment with excellent cash flow from day one. Whether you're expanding an established portfolio or adding your next high performing asset, this property offers the ideal combination of quality, occupancy, and long term investment potential.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,878 SF
Building Class
C
Year Built/Renovated
1930/2025
Price
$1,950,000
Price Per SF
$331.75
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.99 AC
Zoning
LB - Local Business Village District zone
Parking
26 Spaces (2.52 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
Property Taxes
| Parcel Number | 08-00027-01-00021 | Improvements Assessment | $383,200 |
| Land Assessment | $115,500 | Total Assessment | $498,700 |
Property Taxes
Parcel Number
08-00027-01-00021
Land Assessment
$115,500
Improvements Assessment
$383,200
Total Assessment
$498,700
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