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471 Cranbury Rd 5,593 SF 100% Leased Retail Building East Brunswick, NJ 08816 $2,275,000 ($406.76/SF)
EXECUTIVE SUMMARY
State of the art, Auto Body Shop, Auto Repair, Transmission Repair, Towing. 7 Large Bays, 20 ft ceilings, plenty of parking and auto storage in rear. Auto Repair tenant will remain. Body Shop tenant will vacate, sale includes frame machine, paint booth, supplies and inventory. Single family, 4 Bedroom Home Included. Full Basement, side yard and private parking. Excellent Income and Cap Rate.
Route 18 to Tices Lane to Harts Lane.
Route 18 to Tices Lane to Harts Lane.
FINANCIAL SUMMARY (ACTUAL - 2017) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$174,000
|
$31.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$174,000
|
$31.11
|
| Taxes |
$31,000
|
$5.54
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$31,000
|
$5.54
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2017)
| Gross Rental Income | |
|---|---|
| Annual | $174,000 |
| Annual Per SF | $31.11 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $174,000 |
| Annual Per SF | $31.11 |
| Taxes | |
|---|---|
| Annual | $31,000 |
| Annual Per SF | $5.54 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $31,000 |
| Annual Per SF | $5.54 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,593 SF
Building Class
C
Year Built
1996
Price
$2,275,000
Price Per SF
$406.76
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.09
Lot Size
1.50 AC
Zoning
R2
Parking
20 Spaces (3.57 Spaces per 1,000 SF Leased)
Frontage
200’ on Cranbury Rd
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 04-00087-31-00014-14 | Total Assessment | $240,000 (2025) |
| Land Assessment | $50,000 (2025) | Annual Taxes | $31,000 ($5.54/SF) |
| Improvements Assessment | $190,000 (2025) | Tax Year | 2017 |
PROPERTY TAXES
Parcel Number
04-00087-31-00014-14
Land Assessment
$50,000 (2025)
Improvements Assessment
$190,000 (2025)
Total Assessment
$240,000 (2025)
Annual Taxes
$31,000 ($5.54/SF)
Tax Year
2017
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471 Cranbury Rd
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