331 Fairfield Road, Freehold, NJ 07728

$4,800,000
Property Type: Commercial Lot Size (sq. ft.): 210,395 Status: Closed
Current Price: $4,800,000 List Date: 11/05/2020 Last Modified: 2/06/2025

Overview

Description

INVESTMENT OPPORTUNITY. Fully leased, 12 unit warehouse property. Excellent financials. Property is 4.83 acres and consists of 3 buildings. Building A and B are 15,000 sf. Building C is 7,500 sf. SED zone.

Listing Details MLS# 22039606

Contract Info

Property Sub-Type
Commercial
Sale
Yes
Lease
No

Location

House Number
331
Street Name
Fairfield
Street Suffix
Road
County
Monmouth
Municipality
Howell (HOW)
Postal City
Freehold
State
NJ
Zip Code
07728
Area/Section
None
Directions
Adelphia to Fairfield to property

General Property Info

# Levels
Yes
Garage
No
Acreage
4.83
# Car Garage
0

Tax and Legal

Asmnt - Total
2584300
Taxes
55438
Tax Year
2019

Status Change Info

Under Contract Date
2020-11-24
Sold Date
2021-04-23

Income & Expenses

# Rental Units
12
Gross Income
525000
Net Operating Income
312000

More Information

Use

Professional/Office
Yes
Warehouse
Yes

Zoning

Commercial
Yes
Industrial
Yes
Professional
Yes

Electric

Single Phase
Yes

Basement

Slab
Yes

Gas

On Site
Yes

Water Heater

Electric
Yes

Heating

Natural Gas
Yes

Water

Public Water
Yes

Sewer

Septic Tank
Yes

Parking

On Site
Yes
Paved
Yes

Assessment Status

Assessed
Yes

Construction/Siding

Aluminum Siding
Yes

Roof

Other
Yes

Material

Concrete
Yes

Documents Available

Financial Statement
Yes
Lease
Yes

Property Features

Use: Professional/Office; Warehouse Basement: Slab Heating: Natural Gas Water Heater: Electric Water: Public Water Sewer: Septic Tank Gas: On Site Electric: Single Phase Parking: On Site; Paved Roof: Other Material: Concrete Zoning: Commercial; Industrial; Professional Assessment Status: Assessed Documents Available: Financial Statement; Lease
Listing Office: Pittenger Realty LLC
Listing Agent: Margaret A Pittenger
IDX
Last Updated: February - 06 - 2025
The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Monmouth Ocean Regional REALTORS®, and site contains live data. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.