For Sale
$1,300,000

1226 Tilton Rd Northfield, NJ 08225

High-Income Generating Property in Prime Location

Overview

Added:
Feb 3
Days on market:
84
This exceptional commercial property at 1226 Tilton Road, Northfield, NJ, presents a compelling investment opportunity. Situated on a 0.51-acre lot, this property boasts a strong 2022 pro forma income of $144,000, demonstrating significant earning potential. The property's impressive financial performance is further highlighted by a net income of $88,898, showcasing its profitability. Operating expenses are well-managed, totaling $55,102, which includes property taxes ($29,171), insurance ($6,477), maintenance ($11,850), landscaping ($7,204), and sewer ($400). This detailed breakdown provides transparency and allows for informed decision-making. The property's prime location in Northfield, NJ, offers excellent visibility and accessibility, contributing to its overall value and appeal. This is an ideal investment for both seasoned investors seeking strong returns and those new to commercial real estate looking for a profitable venture. The property's financial performance and strategic location combine to create a rare opportunity for substantial long-term growth and passive income generation. This is a chance to acquire a well-performing asset in a desirable market, offering a secure and lucrative investment. Don't miss this chance to secure a high-yield commercial property in a prime location.

Property Details for 1226 Tilton Rd

Property type
Commercial real estate
Lot Size (sq. ft)
22,216 SF

Location Insight

City
Northfield
County
Atlantic
State
New Jersey
Latitude
39.37347
Longitude
-74.55283

FAQs

What type of property is this?
Commercial real estate - High-Income Generating Property in Prime Location
Where is the commercial real estate located?
The property is located at 1226 Tilton Rd Northfield, NJ.
What is the asking price?
The asking price for this property is $1,300,000.
How can I contact the broker?
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1226 Tilton Rd
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