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429 Ryders Ln 3,186 SF 100% Leased Retail Building East Brunswick, NJ 08816 $1,499,900 ($470.78/SF)
Investment Highlights
- High Visibility Property with Maximum Potential
- Higher Rent Potential
- Long Term Tenants
Executive Summary
2/3 store Shopping Center/Strip Mall. Separate Utilities for each unit. Two tenants in center, Vinnies Pizza and Bond Cleaners. Long term tenants, high
visibility property, large traffic counts, rent has not been increased in at least 5 years for either tenant. Cleaners is on month to month due to lack of lease
insufficient management. Rents can be increased significantly. Please do not discuss any information with tenants or their employees. Listing Agent is
awaiting additional documents from owners.
visibility property, large traffic counts, rent has not been increased in at least 5 years for either tenant. Cleaners is on month to month due to lack of lease
insufficient management. Rents can be increased significantly. Please do not discuss any information with tenants or their employees. Listing Agent is
awaiting additional documents from owners.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$120,000
|
$36.86
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$120,000
|
$36.86
|
| Taxes |
$28,872
|
$8.87
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,872
|
$8.87
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $36.86 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $120,000 |
| Annual Per SF | $36.86 |
| Taxes | |
|---|---|
| Annual | $28,872 |
| Annual Per SF | $8.87 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $28,872 |
| Annual Per SF | $8.87 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Building Size
3,186 SF
Building Class
C
Year Built
1960
Price
$1,499,900
Price Per SF
$470.78
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.35 AC
Zoning
C-3 General Commercial - Retail, restaurants/bars, hotels, auto repair, offices, schools, recreation, government, utilities, parking, clubs, studios & residential.
Parking
22 Spaces (6.91 Spaces per 1,000 SF Leased)
Frontage
133’ on Ryders Ln
Amenities
- Fenced Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Bond Cleaners
- Services
- -
- $37.66
- -
- -
- Vinnies Pizza
- Accommodation and Food Services
- -
- -
- Full Service
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Bond Cleaners | Services | - | $37.66 | - | - | |
| Vinnies Pizza | Accommodation and Food Services | - | - | Full Service | - |
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-00317-13-00040-08 | Total Assessment | $233,400 (2026) |
| Land Assessment | $42,600 (2026) | Annual Taxes | $28,872 ($9.06/SF) |
| Improvements Assessment | $190,800 (2026) | Tax Year | 2025 |
Property Taxes
Parcel Number
04-00317-13-00040-08
Land Assessment
$42,600 (2026)
Improvements Assessment
$190,800 (2026)
Total Assessment
$233,400 (2026)
Annual Taxes
$28,872 ($9.06/SF)
Tax Year
2025
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Photos
Street View
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Map
Contact the Sale Advisor
429 Ryders Ln