242 monmouth, wrightstown N J, NY 08562

12 Photos
 
$3,998,998 List Price
Off Market
 
Listing ID 10617027
Property Type Commercial Business
County Albany
Township wrightstown
Neighborhood wrightstown
Total Tax $23,400
FEMA Flood Map fema.gov/portal
Year Built 2002
Virtual Tour
Ideal Investment this property is a money maker - Business did 3.1 Million last year with a profit of 33% last year. labor coast is 8000 a week - 416.000 a year insurance is 35.000 a year Taxes 23.000 a year Total expenses are about 500.000 thousand per year- With the low rate on loans A two Million loan your Cap (profit) is higher over 15% - or a all cash your cash on cash is above 10%. Because of low rates of loans you make A higher percent on your cash. Because of this we believe it will sell fast. property has 3 Garages A is 4,000 sq ft B is 5,000 sq ft C is 3.000 sq ft 3 scales one 70 foot Truck scale Approx 35 40 yards Containers - two tilt beds - 2 rolloffs - 8 forklifts over sixty security cameras and Alarm system - 5 Cranes - Inventory and equipment is worth about 2.5 Million land about 2,2 Million. All cars are GREEND that means all oil is taking out of every car before put in yard ( Transmission - engine - brakes - power steering ) Owner has Car Dealer license - Scrap metal license and Auto Parts license. Too much more to list it all Please send LOI with proof of funds to agent. Subject to Errors and Ominous
Property Details
  • 3 Full Baths
  • 2 Half Baths
  • 12000 SF
  • 5.93 Acres
  • 258 SF Lot
  • Built in 2002
  • Renovated 2017
  • 1 Story
  • Available 6/18/2019
Unit Information
Unit #1 – Gross Area: 12, Occupied
Interior Features
  • Hot Water
  • Radiant
  • 4 Heat/AC Zones
  • Electric Fuel
  • Natural Gas Fuel
  • Natural Gas Avail
  • Central A/C
Exterior Features
  • Manufactured (Multi-Section) Construction
  • Wood Siding
  • Aluminum Siding
  • Asphalt Shingles Roof
  • Metal Roof
  • Municipal Water
  • Municipal Sewer
Commercial Info
  • Annual Increase: 3.1 Millio
  • Monthly Price Sq Ft: 0.00
  • Annual Price Sq Ft: 0.00
  • Blacets Auto parts (Business Name)
  • Class: commercial
  • Uses: self service auto parts
  • 87 Parking Spaces
  • 15% Cap. Rate
Income/Expenses
  • Gross Income $3
  • Net Income $440
  • Operating Exp $500
  • Insurance Exp $35
  • Heat Exp $6,000
  • Electric Exp $12
  • Water Exp $600
  • Misc Exp $10
  • Total Exp $500,000
  • Paid by Landlord: Electric, Heat, Gas, Water, Insurance
Taxes and Fees
  • $23,400 Total Tax
  • Tax Year 2019
Previously Listed By
Michael J Welgoss
MOLLER REALTY INC
Office: 718-227-6898
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