High-Yield Investment Opportunity on State Route 23Introducing a premier commercial real estate investment along the bustling State Route 23. This property presents a remarkable opportunity with a tenant already in place, generating an estimated 6% CAP rate. Spanning 2,700 sq ft, it offers potential for diversification through multi-tenant strategies, enhancing its income-producing capacity. Situated on a high-traffic highway, it guarantees visibility and accessibility, two critical factors for sustained occupancy and rental growth. This turnkey investment is not just an acquisition but a strategic asset offering stable cash flow, growth potential in a thriving location, and the flexibility to adapt to market demands. Capitalize on this opportunity to own a piece of the commercial growth trajectory on State Route 23.
The median home value in Stockholm, NJ is $322,800. This is lower than the county median home value of $342,200. The national median home value is $338,100. The average price of homes sold in Stockholm, NJ is $322,800. Approximately 85.64% of Stockholm homes are owned, compared to 8.97% rented, while 5.4% are vacant. Stockholm real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Stockholm real estate agent to arrange a tour today!
Stockholm, New Jersey 07460 has a population of 3,400. Stockholm 07460 is more family-centric than the surrounding county with 35.59% of the households containing married families with children. The county average for households married with children is 31.29%.
The median household income in Stockholm, New Jersey 07460 is $96,961. The median household income for the surrounding county is $101,645 compared to the national median of $69,021. The median age of people living in Stockholm 07460 is 43.1 years.
The average high temperature in July is 82.4 degrees, with an average low temperature in January of 17 degrees. The average rainfall is approximately 50.6 inches per year, with 34.6 inches of snow per year.