Description
To land lease property for every 5 years. You will need a $500,000 deposit for a 25 yr. term with option to purchase every 5 years. Property currently has 2 residential rentals bringing in $3,600 a month revenue. 3rd retail space is owner occupied and is 1300 ft. has the probability of $5,000 a month rent with basement office. Currently is owner occupied portion has is own separate heat and utilities, tenants utilities are separate. Office has full basement suitable for storage and has a small area for conference room. Building taxes are $11,156.96. Parking can accommodate almost 27 cars. 1st fl.is currently an office, but would be suitable for Small Retail Space, Bubble Tea, Take Out Food, Check Cashing Service along with ATM Machine if necessary. Option to buy 6 building lots ready for construction. call Lou at 732-485-0083 for details. You can put 3 electrical parking stations in parking lot of 1604 Route 27. This is a land lease. Purchase options available each 5 year lease period.
-
0BEDS
-
0.25ACRES
-
2BATHS
-
11/2 BATHS
-
2,212SQFT
-
$226$/SQFT
School Ratings & Info
Description
To land lease property for every 5 years. You will need a $500,000 deposit for a 25 yr. term with option to purchase every 5 years. Property currently has 2 residential rentals bringing in $3,600 a month revenue. 3rd retail space is owner occupied and is 1300 ft. has the probability of $5,000 a month rent with basement office. Currently is owner occupied portion has is own separate heat and utilities, tenants utilities are separate. Office has full basement suitable for storage and has a small area for conference room. Building taxes are $11,156.96. Parking can accommodate almost 27 cars. 1st fl.is currently an office, but would be suitable for Small Retail Space, Bubble Tea, Take Out Food, Check Cashing Service along with ATM Machine if necessary. Option to buy 6 building lots ready for construction. call Lou at 732-485-0083 for details. You can put 3 electrical parking stations in parking lot of 1604 Route 27. This is a land lease. Purchase options available each 5 year lease period.
The data relating to real estate for sale on this web-site comes in part from the
Internet Listing Display database of the CENTRAL JERSEY MULTIPLE LISTING SYSTEM,
INC. Real estate listings held by brokerage firms other than this site-owner are marked with
the ILD logo. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC does not warrant the
accuracy, quality, reliability, suitability, completeness, usefulness or effectiveness of any
information provided. Copyright 2026, CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC. All rights
reserved. The CENTRAL JERSEY MULTIPLE LISTING SYSTEM, INC
retains all rights, title and interest in and to its trademarks, service marks and copyrighted
material. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify properties the consumer may be interested in purchasing or renting. Data last updated: 2026-08-12T19:03:04.303.