2130 Hamburg TpkeWayne, NJ 07470

Property Details for 2130 Hamburg Tpke

Lot size

0.86 AC

Property size (Sq ft)

6,355 SF

Property type

Commercial real estate

APN

14 03517-0000-00055

APU

1403517000000055

Description

This exceptional investment opportunity presents a thriving strip mall situated at 2130 Hamburg Turnpike in Wayne, New Jersey. The property boasts a sizable 0.86-acre lot and features long-term tenants, ensuring a stable income stream. The building is currently available for immediate occupancy, making it an attractive option for investors seeking a quick return. The interior includes wood flooring throughout, adding a touch of classic charm to the commercial spaces. This active strip mall presents a rare chance to acquire a well-established property in a desirable location. The strong tenant base and immediate availability make this an ideal investment for those seeking a low-risk, high-reward opportunity in the thriving Wayne, NJ market. The property's prime location on Hamburg Turnpike ensures high visibility and accessibility, attracting a steady flow of customers. This is a turnkey operation, ready for a new owner to step in and begin profiting from the existing tenant leases. The 0.86-acre lot offers potential for future expansion or redevelopment, providing additional long-term value. Don't miss this chance to secure a profitable commercial property in a prime New Jersey location. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,313,430

  6.5%

  $1,212,400

  7%

  $1,125,800

• Comparable approach

  Method

  Valuation

  Relative Method

  $831,462

  Geo Method

  $830,344

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,393,480

  Retail / Commercial

  $1,226,080

  Mixed-Use / Specialty

  $1,220,700

  Hospitality / Lodging

  $894,278

  Office

  $1,212,400

  Institutional / Educational

  $1,268,680

  Residential Income

  $1,484,360

  Multifamily

  $1,785,850

  Automotive / Energy

  $1,087,440

  Parking / Income-Based Land

  $376,259

  Restaurant / Food Service

  $632,745

  Healthcare / Senior Housing

  $1,252,840

Location Insight

City

Wayne

County

Passaic

State

New Jersey

Latitude

40.9817

Longitude

-74.2735

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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