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$ 2,250,000
Est. payment /mo
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122 CENTRAL AVENUE Clark Twp., NJ 07066
5,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,400 sqft
Price per Sqft $416
Subdivision Downtown Clark/Raritan Corr
MLS Listing ID 4028218
Annual Tax Amount $25,492
Tax Year 2025
Lot Size 0.340 Acres
Property Description
122 CENTRAL AVENUE IS A BEAUTIFUL, BRICK, FREESTANDING RETAIL BUILDING WITH EXCELLENT PARKING IN PRIME LOCATION AND CONDITION. THE SINGLE STORY PROPERTY CONSISTS OF 2 SEPARATE UNITS WITH SHORT TERM LEASES. NEW ROOF. 25 PARKING SPACES. THE LOCATION IS HIGHLY VISIBLE AND EASY TO ACCESS. THE PROPERTY ITSELF HAS BEEN MAINTAINED AND RENOVATED WITH THE HIGHEST QUALITY SINCE IT WAS BUILT. THE CURRENT RENT ROLL SHOWS A 6.5% CAP RATE. THIS VERY SPECIAL PROPERTY MAKES SENSE FOR OWNER-USERS AND INVESTORS.
Location
State NJ
County Union
Zoning 4A
Rooms
Basement Finished-Partially, Full
Interior
Heating Gas-Natural
Cooling 2 Units
Flooring Concrete
Equipment Fire Alarm, Handicapped Access, Restrooms - Private, See Remarks, Sprinkler System, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Garage Spaces 25.0
Utilities Available All Underground
Roof Type Flat
Building
Lot Description Level Lot
Story 1
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple

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Listed by COLDWELL BANKER REALTY
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