Listing Details

1508 Front St,Scotch Plains Twp., NJ 07076-1131

  • November 21, 2025

Description

This property was previously used as a construction and overhead garage company for many years. The lot behind the main building is approximately 70′ x 140′. In addition, there is a second building on the property facing 111 Terrill Road, currently leased to Rita’s Ice and Subway, providing steady rental income. The Front Street building offers approximately 1,200 sq. ft. of office space, along with a 600 sq. ft. garage ideal for running your own business while benefiting from two existing income-producing tenants to help offset the mortgage. The property is zoned B-2, . Located in an X Flood Zone, no flood insurance is required. The lot behind the building offers potential rental income . . Potential cap rate of 10%

Details

Last Updated On: November 21st, 2025 at 7:19 pm
Property ID:PT-12579940-AXZR
Offer Type:For Sale
Property Type:Free Standing Office
Price: 1,200,000 $
Year Built:1960

Additional Details

Listing Details

Status: Active

Location

County: Union
Lotsize: 116X178 AVG
Property Type: Free Standing Office
Lot Identifier: 23.01

Home Details

Location: Business District
Acreage: 0.47
Sale Includes: Building & Land
Construction: Brick/Block
Exterior Description: Brick/Block
Roof Description: Asphalt Shingle
Number of Stories: 1
Number of Units: 1
Number of Lavatories: 1
Available SqFt: 3800
Building SqFt: 1800
Parking Desc: Gravel
Easement/Desc: Unknown
YB/Desc: 1960 - Approximate
Block Identifier: 201
County Number: 29
Town Number: 2916
Possession: immediate

Taxes, Fees & Assessments

For Sale Or Lease: For Sale
Documents Available: Financial Statement, Income & Expenses, Survey
Ownership: Fee Simple
Tax ID For Property: 2916-00201-0000-00023-0001-
Tax Amount: $22,629.00
Tax Year: 2024
Tax Rate: 11.768%
Tax Rate Year: 2024
Land Assessment: $77,000.00
Building Assessment: $115,300.00
Total Assessment: $192,300.00

Utilities

Equipment Available: Restrooms - Private
Heat Source: Gas-Natural
Heat System: 4+ Units
Cool System: 3 Units
Water: Public Water
Sewer: Public Sewer
Utilities: Electric, Gas-Natural

Other

Zoning: B-2

Statistics

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