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$ 1,199,000
Est. payment /mo
Active
429 State Route 31 Washington Twp., NJ 07882
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4038168
Year Built 1980
Annual Tax Amount $16,371
Tax Year 2025
Property Sub-Type Mixed Use
Property Description
**Mixed-Use Investment Property with Highway Frontage " Washington Township, NJ**Unique mixed-use investment opportunity situated on approximately **1.13 acres** in a commercial district of **Washington Township, NJ 07882**. The property offers multiple income streams and excellent visibility, featuring **over 325 feet of highway road frontage**.The site includes a **commercial building currently rented**, a **single-family home currently rented**, and **seven mobile home pad sites**. The mobile homes are **tenant-owned** and pay land lease rent to the landlord, creating a diversified income structure with limited ownership responsibility for the mobile home units themselves.This property is ideal for an investor seeking a multi-income asset with commercial zoning characteristics, strong road exposure, and potential long-term upside. With its combination of residential rental income, commercial rental income, and land lease revenue, the property presents a rare opportunity in the Washington Township market.Prospective buyers should perform their own due diligence regarding permitted uses, zoning, leases, income, expenses, and any future redevelopment or expansion potential.
Location
State NJ
County Warren
Zoning HC
Interior
Heating Oil Tank Below Ground, See Remarks
Cooling See Remarks
Equipment See Remarks
Heat Source Oil Tank Below Ground, See Remarks
Exterior
Exterior Feature Brick/Block, See Remarks
Utilities Available Electric
Roof Type Asphalt Shingle, Flat
Building
Story 1
Sewer Septic
Water Shared Well
Others
Ownership Fee Simple
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