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958 Adelphia Road, Howell, NJ 958 Adelphia Rd 6,541 SF 100% Leased Office Building Freehold, NJ 07728 $1,050,000 ($160.53/SF) 7.01% Cap Rate
Investment Highlights
- Abundance of Parking - 33 Total Spaces
- Two Structure Investment - Separate garage used for storage with additional income
- 100% Occupied
Executive Summary
Brand New to the Market!
958 Adelphia Road, Howell, NJ 07733
Two-structure commercial / office + storage/garage facility investment — currently 100% leased
+- 5,050 SF Two-Story Professional Office Building - 100% leases.
+/- 1,491 SF Two-Story Detached Garage - 100% leased (currently being used for storage).
Office building has a basement for storage not included in the SF.
*We cannot confirm the actual footage or age of the building at this time. We defer to buyer to review and investigate as part of their due diligence.
Asking price: $1,050,000.00
NOI: $73,562.80
CAP Rate: 7.01%
Total of 33 Parking Spaces.
Property is on well and septic. There is one septic system for 958 and 956 Adelphia Road.
Please contact Matt Miller - Legacy Commercial Realty for additional information. Contact info is below:
Cell: 908-770-0686.
Email: matt@legacyrealtynj.com
958 Adelphia Road, Howell, NJ 07733
Two-structure commercial / office + storage/garage facility investment — currently 100% leased
+- 5,050 SF Two-Story Professional Office Building - 100% leases.
+/- 1,491 SF Two-Story Detached Garage - 100% leased (currently being used for storage).
Office building has a basement for storage not included in the SF.
*We cannot confirm the actual footage or age of the building at this time. We defer to buyer to review and investigate as part of their due diligence.
Asking price: $1,050,000.00
NOI: $73,562.80
CAP Rate: 7.01%
Total of 33 Parking Spaces.
Property is on well and septic. There is one septic system for 958 and 956 Adelphia Road.
Please contact Matt Miller - Legacy Commercial Realty for additional information. Contact info is below:
Cell: 908-770-0686.
Email: matt@legacyrealtynj.com
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,541 SF
Building Class
C
Year Built
1972
Price
$1,050,000
Price Per SF
$160.53
Cap Rate
7.01%
NOI
$73,563
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,271 SF
Building FAR
0.28
Lot Size
0.54 AC
Zoning
NC, Howell - Neighborhood Commercial
Parking
33 Spaces (5.05 Spaces per 1,000 SF Leased)
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Property Taxes
| Parcel Number | 21-00164-0000-00063 | Improvements Assessment | $624,800 |
| Land Assessment | $358,500 | Total Assessment | $983,300 |
Property Taxes
Parcel Number
21-00164-0000-00063
Land Assessment
$358,500
Improvements Assessment
$624,800
Total Assessment
$983,300
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958 Adelphia Road, Howell, NJ | 958 Adelphia Rd
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