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34195617
34195582

429 New Jersey 31, Washington, NJ 07882

MD
NJ NJ 1537096, PA PA RM425627
Realty ONE Group Next Door
Listed by Realty ONE Group Next Door
$1,199,000
1 day on market
Updated 1 day ago

429 New Jersey 31

Details
Property Type Multifamily, Mixed Use (+1)
Sub Type RV Park
Units 9
Cap Rate 4.52%
NOI $54,145
Occupancy 100%
Tenancy Multi
Rent Bumps Yes
Lease Options multiple short term leases in place
Class C
Year Built 1980
Buildings 2
Acreage 1.080
Zoning Highway Commercial
Parking Spaces 25 spaces
Investment Type Redevelopment
Tenant Credit No Credit Rating
Ground Lease No
Sale Condition N/A

Commercial Property with Land-Value Upside | Possible Redevelopment Opportunity

Marketing description

Commercial Property with Land-Value Upside | Possible Redevelopment Opportunity

This property presents a unique opportunity for an owner-user, investor, or developer seeking both existing real estate value and future redevelopment potential. The site may be suitable for continued use as an improved commercial/investment property, adaptive reuse, expansion, or possible redevelopment, subject to municipal zoning, engineering, environmental review, and all required approvals.

With existing improvements, frontage, access, parking, and utility availability, the property offers flexibility for a wide range of potential users. The property may appeal to buyers looking for commercial use, land banking, future repositioning, or redevelopment potential.

Buyers are encouraged to conduct their own due diligence regarding permitted uses, zoning, density, site plan requirements, subdivision potential, environmental conditions, utility capacity, and redevelopment feasibility. No redevelopment approvals are represented unless specifically provided in writing.

Investment highlights

  • Existing commercial/investment property with future land-value upside
  • Possible redevelopment, expansion, or adaptive reuse opportunity
  • Ideal for owner-user, investor, developer, or land-bank buyer
  • Existing frontage, access, parking, and utility availability
  • Flexible site with multiple potential use concepts, subject to municipal approvals
  • Buyer to perform all zoning, engineering, environmental, and redevelopment due diligence

Listing Contacts

MD
NJ NJ 1537096, PA PA RM425627
Realty ONE Group Next Door
Listed by Realty ONE Group Next Door

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$54,145.00
$4,512.08/mo

Valuation Metrics

0
DSCR
4.52%
Cap Rate
4.52%
ROI

Map

Zoning

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HC CommercialSpecial CommercialHighway Commercial
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View all 97 uses
View all 97 uses
Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Michael Del Cioppo
License
NJ 1537096
Brokerage
Realty ONE Group Next Door
Brokerage Address
279 New Jersey 31
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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