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Investment Highlights
- Walking distance to Dunellen NJ Transit Train Station
- Train rides from Downtown Newark & NYC – Ideal for commuters.
- Convenient access to public transportation, highways, shopping, and dining.
Executive Summary
This single story building is a rare find in the heart of Dunellen. Featuring three units and situated on a triangular property. This property offers both strong current cash flow and excellent value-add potential for redevelopment. Whether you’re looking for steady rental income or a value-add property, 501-513 North Avenue offers a buyer a great opportunity.
Price is negotiable.
Price is negotiable.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,000 SF
Building Class
C
Year Built
1930
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.69 AC
Zoning
B-1
Parking
30 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Commuter Rail
- Corner Lot
Walk Score®
Very Walkable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | 20-00072-0000-00005 | Improvements Assessment | $204,000 |
| Land Assessment | $67,500 | Total Assessment | $271,500 |
Property Taxes
Parcel Number
20-00072-0000-00005
Land Assessment
$67,500
Improvements Assessment
$204,000
Total Assessment
$271,500
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501 North Ave
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