225 Fowser RdMillville, NJ 08332

  • Other commercial real estate
  • 2,160 SF
For Sale
$325,000 View listing

Property Details for 225 Fowser Rd

Year built
1986
Construction
METAL FRAME
Lot size
1.95 AC
Property size (Sq ft)
2,160 SF
Property type
Other commercial real estate
APN
10 00546-0000-00038
APU
1000546000000038

Description

This exceptional 2,400 sq ft auto repair shop in Millville, NJ, is a fantastic opportunity for a thriving business. Situated on approximately 1.95 acres, the property boasts three bays equipped with three car lifts, providing ample space for efficient vehicle servicing. The shop features gas heat with recently updated heaters, ensuring comfortable working conditions year-round. A recently installed (three years old) septic and well water system provides reliable utilities. The convenient layout includes a front desk area for customer interaction, a private office for administrative tasks, a full bathroom for staff and customer use, and laundry hookups for added convenience. An unfinished upstairs loft offers significant expansion potential, allowing for customization to meet specific business needs. The property's location near a small marina offers unique marketing advantages, attracting potential customers. Neighboring commercial businesses provide added convenience and synergy. Ample parking is available on the expansive lot, facilitating easy vehicle movement and customer access. Low annual property taxes of approximately $4,043 further enhance the financial appeal of this turnkey operation. This is a ready-to-go business opportunity, perfectly positioned for immediate success.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $714,362
    Hospitality
    $654,351
    Educational
    $544,413
    Medical
    $563,136
    Retail
    $846,864
225 Fowser Rd, Millville, New Jersey

Location Insight

City
Millville
County
Cumberland
State
New Jersey
Latitude
39.3794
Longitude
-75.0311
CBSA code
47220
CBSA name
VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$3,939
$38,900
$65,000
$103,900
-
$38,900
$65,000
$103,900

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