1900 Oak Tree RdEdison, NJ 08820

Property Details for 1900 Oak Tree Rd

Construction

FRAME

Lot size

0.39 AC

Zone code

OS

Property type

Commercial real estate

APN

05 00545- 20-00033- 01

APU

500545200003301

Description

This exceptional commercial property presents a unique investment opportunity in a highly desirable North Edison location. The offering encompasses two parcels, 1900 and 1894 Oak Tree Road, totaling 6,000 square feet and situated on a heavily trafficked road, ensuring high visibility. The main building, 1900 Oak Tree Road, currently houses a fully operational restaurant with a 100-seat capacity, offering significant expansion potential. Attached to the restaurant are office and storage spaces, along with an upstairs apartment. The second building, 1894 Oak Tree Road, is a residential structure featuring four bedrooms, two bathrooms, and a finished basement. Both properties must be sold together. The combined properties are ideally suited for a variety of uses, including restaurants, retail establishments, office spaces, daycare centers, or physical therapy practices. The asking price for this combined property is $3,900,000. The property is located in Middlesex County, New Jersey, with the address being 1900 Oak Tree Road, Edison, NJ 08820. This is a two-story building constructed on land. The property is zoned for commercial and executive office use. The property has no units and the year built is not specified. This is a rare opportunity to acquire a substantial property in a prime location with diverse potential uses.

• CAP approach

  CAP return

  Valuation

  6%

  $3,194,720

  6.5%

  $2,948,980

  7%

  $2,738,340

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,227,750

  Geo Method

  $2,227,750

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,805,860

  Retail / Commercial

  $2,977,210

  Mixed-Use / Specialty

  $2,966,600

  Hospitality / Lodging

  $2,176,500

  Office

  $2,948,980

  Institutional / Educational

  $3,084,070

  Residential Income

  $3,608,360

  Multifamily

  $4,327,670

  Automotive / Energy

  $2,643,490

  Parking / Income-Based Land

  $912,235

  Restaurant / Food Service

  $1,542,950

  Healthcare / Senior Housing

  $3,042,190

Location Insight

City

Edison

County

Middlesex

State

New Jersey

Latitude

40.5731

Longitude

-74.3609

CBSA code

35620

CBSA name

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

Property Tax & Assessments

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