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429 Rt-31
Washington, NJ 07882

$1,200,000 USD

Freestanding For Sale  •  1,700 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 1,700 SF
  • Lot Size 1.08 AC
  • Building Class C
  • Year Built 1987
  • Cap Rate 4.51 %
  • Tenancy Multiple
  • Zoning HC
20 Walk Score

Highlights

325 Ft. of Highway Frontage
1.13 Acres
Immediate income over $6500 / month

Property Flyers

Financial Summary (Actual)

Net Operating Income: $54,145 USD (2025)
Cap Rate: 4.51 %
Total Expenses: $24,877 USD

Major Tenants

Tenant SF Occupied Lease End Date
multiple tenants

Amenities

  • 24 Hour Access
  • Freeway Visibility

Public Transportation

Commuter RailDriveWalkDistance
High Bridge (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 9 min - 7.5 mi
Annandale (Raritan Valley Line - NJ Transit Commuter Rail (NJ Transit)) 12 min - 9.4 mi
AirportDriveWalkDistance
Lehigh Valley International 50 min - 30.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 10
Type: Surface
Included in Rent: Yes
Michael Del Cioppo 908-343-0097 TMMD Property Group LLC
Michael Del Cioppo 908-343-0097 TMMD Property Group LLC