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3 Church St 5,535 SF 100% Leased Retail Building Vernon, NJ 07462 $859,900 ($155.36/SF)
Investment Highlights
- Fully leased freestanding retail property located in Vernon’s Town Center with multi-tenant income.
- On-site paved parking for 25 vehicles, complemented by building and monument signage.
- Recently renovated in 2024 with modern systems and finishes for efficiency and longevity.
- Situated on a 0.68-acre parcel in a stable retail corridor within Sussex County.
Executive Summary
This income-generating, multi-tenant retail asset is located in the business district of Vernon Township, New Jersey, positioned prominently on a corner lot along Church Street. The property spans approximately 5,544 square feet on a 0.68-acre parcel and is fully leased, making it an attractive investment opportunity. Built in 1973 and recently updated in 2024, the building features modern infrastructure improvements while preserving durability for long-term ownership.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,535 SF
Building Class
C
Year Built
1973
Price
$859,900
Price Per SF
$155.36
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.67 AC
Zoning
4A - Town Center
Parking
25 Spaces (4.52 Spaces per 1,000 SF Leased)
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Flowers & Gift
- Retailer
- -
- -
- -
- Simply Dance
- Arts, Entertainment, and Recreation
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Flowers & Gift | Retailer | - | - | - | ||
| Simply Dance | Arts, Entertainment, and Recreation | - | - | - |
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 22 00391-0000-00003 | Improvements Assessment | $526,400 |
| Land Assessment | $166,700 | Total Assessment | $693,100 |
Property Taxes
Parcel Number
22 00391-0000-00003
Land Assessment
$166,700
Improvements Assessment
$526,400
Total Assessment
$693,100
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3 Church St
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