47 Tennent Rd
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47 Tennent Rd
4,700 SF Retail Building Morganville, NJ 07751 $925,000 ($197/SF)
Investment Highlights
- Freestanding Retail Building Available
- Abundance of parking
- Sale includes all FF&E from prior restaurants construction
Executive Summary
PRICE IMPROVED!
Freestanding Commercial Building Available for Sale Ideal for User / Investor.
47 Tennent Road, Morganville, NJ 07751
The property was previously occupied by a restaurant and was undergoing a full renovation that has not been completed. The sale includes all FF&E. Please inquire further for list of equipment.
Total SF: +/- 4,700 SF Two Story (3,090 SF 1st Fl.)
Lot Size: 0.77 AC
Asking Price: $925,000.00(Includes all FF&E) - PRICE REDUCED
$ / SF: $215.00
Parking: 28 Total Parking Spaces (5.9 / 1,000)
Zoning: OPT-2 (Office Professional District-2)
RE Taxes: $14,430.89 (2023)
The property is situated along Tennent Road which is a well traveled roadway within the community of Morganville (Marlboro Township). The property is easily accessible to State Route 79, Route 18, Route 520, and Lloyd Road.
The Zoning (OPT-2) has Permitted Uses of: Professional & Medical Office.
Freestanding Commercial Building Available for Sale Ideal for User / Investor.
47 Tennent Road, Morganville, NJ 07751
The property was previously occupied by a restaurant and was undergoing a full renovation that has not been completed. The sale includes all FF&E. Please inquire further for list of equipment.
Total SF: +/- 4,700 SF Two Story (3,090 SF 1st Fl.)
Lot Size: 0.77 AC
Asking Price: $925,000.00(Includes all FF&E) - PRICE REDUCED
$ / SF: $215.00
Parking: 28 Total Parking Spaces (5.9 / 1,000)
Zoning: OPT-2 (Office Professional District-2)
RE Taxes: $14,430.89 (2023)
The property is situated along Tennent Road which is a well traveled roadway within the community of Morganville (Marlboro Township). The property is easily accessible to State Route 79, Route 18, Route 520, and Lloyd Road.
The Zoning (OPT-2) has Permitted Uses of: Professional & Medical Office.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
High Vacancy Property
Property Type
Retail
Property Subtype
Building Size
4,700 SF
Building Class
B
Year Built/Renovated
1960/2005
Price
$925,000
Price Per SF
$197
Tenancy
Single
Building Height
2 Stories
Slab To Slab
14’
Building FAR
0.14
Land Acres
0.77 AC
Zoning
OPT -2
Parking
28 Spaces (5.96 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Number | 30-00149-0000-00002 | Improvements Assessment | $381,600 |
| Land Assessment | $216,200 | Total Assessment | $597,800 |
PROPERTY TAXES
Parcel Number
30-00149-0000-00002
Land Assessment
$216,200
Improvements Assessment
$381,600
Total Assessment
$597,800
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Matt Miller -
Seth Katz -
Legacy Commercial Realty, LLC
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47 Tennent Rd
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