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SOLD 251028

265 SOUTH AVENUE

Fanwood, NJ

$3,200,000
2,460
Sq. Ft.
$1,301
Per Sq. Ft.
Commercial
Property Type

Tax Assessment Analysis

Sale Price
$3,200,000
Total Assessed
$1,395,100
Sale vs. Assessed
+$1,804,900 (+129.4%)
Land Value
$1,044,500
Building Value
$350,600

Fanwood Market Overview

$765,000
Median Price
89
Total Sales
+0.0%
Year over Year
Active
Market Type

๐Ÿ“Š Investment Analysis

$22,400
Est. Monthly Rent
$23,479
Est. Mortgage
6.95% ยท 20% down
-$1,079
Monthly Cash Flow
8.4%
Cap Rate
-2.0%
Cash-on-Cash Return

Estimates based on 0.7% rent rule, 6.95% interest rate, 20% down payment. For illustrative purposes only.

๐Ÿ˜ Fanwood Neighborhood Guide

55
Walk Score
Somewhat Walkable
50
Min to NYC
With transfer
Fanwood Station
Train Station
Raritan Valley

Neighborhoods in Fanwood

Station Area / Downtown $600,000 to $800,000
Best for: Commuters, walkability seekers
South Fanwood $525,000 to $700,000
Best for: Families, value seekers

Fanwood packs an outsized punch for its tiny 1.3 square mile size โ€” its own NJ Transit station, the top-rated Scotch Plains-Fanwood school district, and a walkable downtown with Victorian character. The borough shares schools with neighboring Scotch Plains but maintains a distinct village identity w...

Explore Fanwood โ†’

Property Record

Address 265 SOUTH AVENUE, Fanwood, NJ
Block / Lot 00066 / 0
Property Class Commercial (Class 4A)
Square Footage 2,460 sqft
Sale Date 251028

Hector Garcia

Licensed Real Estate Sales Associate

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