309/311 S new york Road $1,098,000


    309/311 S new york Road Galloway Township, NJ 08205

    • Commercial
    MLS# 468617 | Active


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    Days On Market: 879 14 Views
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    Property Details

    9.22% CAP RATE with 85% FINANCING AVAILABLE (to qualified buyer) resulting in 44.33% initial rate of return!! on this massive ONE OF A KIND income producing property. 9800 sq ft of commercial/office space occupying 3 separate buildings. total of 19 units currently 74% occupied by seller's own design to allow space for end user occupant. seller does little advertising other then a single sign out front!! remarkable income on these office suites!! seller has arranged a fantastic financing package to offer up to 85% financing of this project. original dwelling totally redone in 2006 and both 1 story buildings built new at the same time. perfect for straight investment or owner occupant. huge full unfinished basement available for storage or added income. built-in dumpster rooms keeps the property perfectly maintained

    • General Features
      • Location Business District, Commercial Park, Corner, See Remarks
      • Year Built 2006
      • Age 6 to 10 Years
      • Approved Short Sale N/A
      • Area Galloway Twp
      • Bank Owned Foreclosure No
      • City Community Galloway Township
      • County Atlantic
    • Building Features
      • Basement 6 Ft. or More Head Room, Unfinished
      • Air Conditioning Attic Fan, Ceiling Fan(s), Central, Electric, Multi-Zoned
      • Ceiling Height 8
      • Exterior Features Sign, Fence, Security Light/System
      • Exterior Siding Brick, Frame/Wood, Vinyl
      • SPECIALTY ROOMS Office Space Avail.
      • Style Commercial, Office Building, Off./Prof. Condo
      • Num of Elevators 0
      • ROOF Asphalt
      • HOT WATER Gas
      • Num of Buildings 3
      • Interior Features 220 Volt Electricity, Fire Sprinkler System, Restroom, Security System, Smoke/Fire Alarm, Storage
      • Heating Forced Air, Gas-Natural, Multi-Zoned
      • Flooring Carpet-Wall to Wall
      • Water Private, Well
    • Room Features
      • Unit Bldg Num 309
    • Property Features
      • Road Frontage County, Township
      • Parking 11 or More Spaces, Off Street, Paved
      • Lot Dimensions 194x317
      • Sewer Private, Septic


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    Market Last 30 Days

    $197,000 Median Sales Price
    25 Homes Sold
    65 New On Market

    Average Days on Market

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        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $1,098,000
        5/24/2016 2:13:00 PM New in Database Source

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