Address
515 Church St Bound Brook Boro, NJ
Price
$ 1,100,000
Property Attributes
  • MLS#3753006
  • TypeCommercial
  • CountySOMERSET
  • CityBound Brook Boro
  • AreaBound Brook Boro
  • Zip08805
  • StyleOffice Building Complex
  • Year Built1968
  • Taxes$ 23569
  • Price$ 1,100,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms4
  • Sqr Footage2000
  • Lot Size0.6 Acres
Listing Provided Courtesy Of:
BHHS - NEW JERSEY PROPERTIES
Data Source:
Garden State MLS (GSMLS) - 38 - NJ
Property Description

UNBELIEVABLE: 4-UNIT PROF. MEDICAL BLDG FOR SALE CORNER LOCATION WITH ABUNDANT PARKING 90% LEASED, 1 UNIT AVAILABLE, EXCELENT INVESTMENT PROPERTY OR IDEAL OWNER/USER FOR MEDICAL AND/OR GENERAL OFFICE USER, MINUTES FROM RT 28, 22, I-287 AND RWJ UNIVERSITY HOSPITAL SOMERSET, EXISTING INCOME: $106,845.48, TOE $30,281.40, NOI $76,564.08, 7% CAP RATE, PROJECTED ONCE VACANT UNIT LEASED NOI: $94,873 AND 9 % CAP

Price History
11/20/2021 Listed $1,100,000

General Features

Basement Unfinished
Construction Brick/Block
Cooling 4+ Units, Central Air, See Remarks
Drive Blacktop, Off-Street Parking, On-Street Parking, Parking Lot-Shared
Heating 4+ Units, See Remarks
Prior Use OFFICE/MEDICAL BLDG
Property Type Office Building Complex, See Remarks
Property Type Office Building Complex
Roof Flat
Sewer Public Sewer
Tax Annual Amount 23569
Total Units 4
Town # 2704
Township Bound Brook Boro
Utilities Electric, Gas-Natural
Zoning SEE REMARKS

Interior Features

Fuel Type Electric, Gas-Natural

Exterior Features

Building Area Total 7228
Exterior Description Brick/Block
Lot Dimensions 130X200
Lot Features Level Lot
Water Source Public Water

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08805

Price
AVG $240K
$1.1M
Taxes
AVG $19,332
$23,569
Visits
AVG 126
16
Year Built
AVG 1940
1968
Walkscore
AVG 64
58
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover