1162 Raritan RdClark, NJ 07066
- Other commercial real estate
- 1,820 SF
Property Details for 1162 Raritan Rd
- Year built
- 1962
- Construction
- FRAME
- Lot size
- 0.14 AC
- Property size (Sq ft)
- 1,820 SF
- Zone code
- CN
- Property type
- Other commercial real estate
- APN
- 02 00060-0000-00025
- APU
- 200060000000025
Description
This exceptional commercial property, situated at 1162 Raritan Road in Clark, New Jersey, presents a unique investment opportunity. The 0.138-acre lot houses a fully renovated, 1,820 square foot building, ideally suited for a variety of commercial uses. The property boasts two separate retail units within a single structure, offering flexibility for multiple tenants or a single, larger operation. Its prime location on Raritan Road ensures high visibility and accessibility, attracting significant foot traffic. Ample on-site parking is available for customers and employees. Previously operating as a thriving salon and spa, the building's adaptable layout makes it suitable for a range of businesses, including medical offices or other professional services. The asking price is $695,000, representing a compelling entry point into the vibrant Clark commercial market. This property is perfect for businesses seeking expansion or investors looking for a strong return. The property's versatility and prime location make it an attractive option for a variety of commercial ventures. The building's recent renovation ensures it is move-in ready, minimizing upfront costs and maximizing immediate occupancy. This is a rare opportunity to acquire a well-located, versatile commercial property in a thriving New Jersey market. The zip code is 07066, and the property is located in Union County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $344,415
- Hospitality
- $315,482
- Educational
- $262,478
- Medical
- $271,505
- Retail
- $408,299
Location Insight
- City
- Clark
- County
- Union
- State
- New Jersey
- Latitude
- 40.6298
- Longitude
- -74.3118
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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