3
Three lots with public utilities -One vacant lot -One single family -One 2 family 200 foot frontage on busy South Salem Street .5 Acre 17,000 (approx.) cars per day Flexible zoning Asking Price: $795,000 (all 3 properties) Reduced Asking Price: $695,000 (all 3 properties) Commercial Land For Sale 214- 218 South Salem Street Randolph, NJ 07869 No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals. www.weichertcommercial.com Exclusive Broker Scott Schechter Vice President Office: 973-267-7778 Cell: 973-943-1903 [email protected] John Negri Senior Vice President Office: 973-267-7778 Cell: 973-865-3456 [email protected] PRICE REDUCTION

Commercial Land For Sale€¦ · 214- 218 South Salem Street Randolph, NJ 07869 Commercial Land For Sale No warranty or representation, express or implied is made as to the accuracy

  • Upload
    others

  • View
    2

  • Download
    0

Embed Size (px)

Citation preview

Page 1: Commercial Land For Sale€¦ · 214- 218 South Salem Street Randolph, NJ 07869 Commercial Land For Sale No warranty or representation, express or implied is made as to the accuracy

• Three lots with public utilities -One vacant lot -One single family -One 2 family

• 200 foot frontage on busy South Salem Street

• .5 Acre

• 17,000 (approx.) cars per day

• Flexible zoning

• Asking Price: $795,000 (all 3 properties)

• Reduced Asking Price: $695,000 (all 3 properties)

Commercial LandFor Sale

214- 218 South Salem Street Randolph, NJ 07869

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Scott SchechterVice President

Office: 973-267-7778 Cell: 973-943-1903

[email protected]

John NegriSenior Vice PresidentOffice: 973-267-7778

Cell: [email protected]

PRICE REDUCTION

Page 2: Commercial Land For Sale€¦ · 214- 218 South Salem Street Randolph, NJ 07869 Commercial Land For Sale No warranty or representation, express or implied is made as to the accuracy

214- 218 South Salem Street Randolph, NJ 07869

Commercial Land For Sale

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Page 3: Commercial Land For Sale€¦ · 214- 218 South Salem Street Randolph, NJ 07869 Commercial Land For Sale No warranty or representation, express or implied is made as to the accuracy

214- 218 South Salem Street Randolph, NJ 07869

Demographics

No warranty or representation, express or implied is made as to the accuracy of the information contained herein, and same is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice and to any special listing conditions imposed by our principals.

www.weichertcommercial.com Exclusive Broker

Executive Summary218 S Salem St, Randolph Twp, New Jersey, 07869 Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.87641

Longitude: -74.53722

1 mile 3 miles 5 milesPopulation

2000 Population 8,798 66,139 122,8592010 Population 9,111 69,208 127,2692016 Population 9,266 69,883 129,5612021 Population 9,394 70,594 131,4332000-2010 Annual Rate 0.35% 0.45% 0.35%2010-2016 Annual Rate 0.27% 0.16% 0.29%2016-2021 Annual Rate 0.27% 0.20% 0.29%2016 Male Population 50.9% 49.8% 49.2%2016 Female Population 49.1% 50.2% 50.8%2016 Median Age 37.0 40.1 41.5

In the identified area, the current year population is 129,561. In 2010, the Census count in the area was 127,269. The rate of change since 2010 was 0.29% annually. The five-year projection for the population in the area is 131,433 representing a change of 0.29% annually from 2016 to 2021. Currently, the population is 49.2% male and 50.8% female.

Median Age

The median age in this area is 37.0, compared to U.S. median age of 38.0.Race and Ethnicity

2016 White Alone 65.8% 73.2% 76.9%2016 Black Alone 7.7% 4.6% 4.0%2016 American Indian/Alaska Native Alone 0.6% 0.3% 0.2%2016 Asian Alone 5.9% 9.6% 9.9%2016 Pacific Islander Alone 0.0% 0.0% 0.0%2016 Other Race 16.2% 9.0% 6.0%2016 Two or More Races 3.8% 3.2% 2.9%2016 Hispanic Origin (Any Race) 55.6% 33.6% 23.3%

Persons of Hispanic origin represent 23.3% of the population in the identified area compared to 17.9% of the U.S. population. Persons of Hispanic Origin may be of any race. The Diversity Index, which measures the probability that two people from the same area will be from different race/ethnic groups, is 61.2 in the identified area, compared to 63.5 for the U.S. as a whole.

Households2000 Households 2,890 22,853 43,5492010 Households 2,990 24,242 45,8472016 Total Households 3,035 24,407 46,5772021 Total Households 3,073 24,607 47,1912000-2010 Annual Rate 0.34% 0.59% 0.52%2010-2016 Annual Rate 0.24% 0.11% 0.25%2016-2021 Annual Rate 0.25% 0.16% 0.26%2016 Average Household Size 3.04 2.83 2.75

The household count in this area has changed from 45,847 in 2010 to 46,577 in the current year, a change of 0.25% annually. The five-year projection of households is 47,191, a change of 0.26% annually from the current year total. Average household size is currently 2.75, compared to 2.74 in the year 2010. The number of families in the current year is 33,574 in the specified area.

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

August 17, 2016

©2016 Esri Page 1 of 2

Data Note: Income is expressed in current dollarsSource: U.S. Census Bureau, Census 2010 Summary File 1. Esri forecasts for 2016 and 2021. Esri converted Census 2000 data into 2010 geography.

Business Locator218 S Salem St, Randolph Twp, New Jersey, 07869

Prepared by EsriRings: 1, 3, 5 mile radii Latitude: 40.87641

Longitude: -74.53722

2010 Residential Population: 127,269 2016 Total Sales ($000) $26,941,3942016 Residential Population: 129,561 2016 Daytime Business Population 97,8372021 Residential Population: 131,433 Daytime Business/Residential Ratio: 0.76:1Annual Population Growth 2016 - 2021 0.29% Total Number of Businesses: 6,949

SICCode Business Name Franchise

Distance FromSite in Miles Employees Sales ($000)

733501 TOM NEELY PHOTOGRAPHY 0.02 NE 1 $160S SALEM STRANDOLPH, NJ 07869

721201 HI-LITE CLEANERS 0.03 SE 2 $101S SALEM STRANDOLPH, NJ 07869

546105 DUNKIN' DONUTS D 0.03 SE 7 $490S SALEM STRANDOLPH, NJ 07869

753301 ADVANTAGE AUTO REPAIR INC 0.05 NW 5 $509S SALEM STRANDOLPH, NJ 07869

754903 LUBE IT UP 0.05 NW 5 $432S SALEM STRANDOLPH, NJ 07869

754903 LUBE-IT-ALL 0.05 NW 5 $432S SALEM STRANDOLPH, NJ 07869

754903 LUBE IT UP 0.05 NW 5 $432S SALEM STRANDOLPH, NJ 07869

751303 U-HAUL NEIGHBORHOOD DEALER 0.05 NW 3 $1,264S SALEM STRANDOLPH, NJ 07869

421210 WISNIEWSKI TRUCKING CORP INC 0.08 NE 6 $1,121BENNETT AVERANDOLPH, NJ 07869

581222 PIZZA HUT M 0.08 NW 22 $1,512S SALEM STRANDOLPH, NJ 07869

581222 A D F PIZZA OPERATING LLC 0.08 NW 4 $274S SALEM STRANDOLPH, NJ 07869

791101 DREAMS DANCE STUDIO 0.09 SE 1 $54S SALEM STRANDOLPH, NJ 07869

599909 TJ'S SPORTWIDE TROPHY & AWARDS 0.09 SE 10 $2,424S SALEM STRANDOLPH, NJ 07869

723106 PRO HAIRCUTTERS 0.12 SW 11 $490STATE ROUTE 10RANDOLPH, NJ 07869

Data Note: Businesses are listed based on their proximity to the study area location. A maximum of 250 records can be displayed on one report.Source: Copyright 2016 Infogroup and Esri. Esri Total Residential Population forecasts for 2016.

August 17, 2016

©2016 Esri Page 1 of 16

Household Income Profile218 S Salem St, Randolph Twp, New Jersey, 07869 Prepared by EsriRing: 1 mile radius Latitude: 40.87641

Longitude: -74.53722

2016-2021 2016-2021Summary 2016 2021 Change Annual Rate

Population 9,266 9,394 128 0.27%Households 3,035 3,073 38 0.25%Median Age 37.0 38.3 1.3 0.69%Average Household Size 3.04 3.04 0.00 0.00%

2016 2021Households by Income Number Percent Number Percent

Household Income Base

3,035 100% 3,073 100%<$15,000 194 6.4% 221 7.2%$15,000-$24,999 169 5.6% 179 5.8%$25,000-$34,999 217 7.1% 204 6.6%$35,000-$49,999 425 14.0% 485 15.8%$50,000-$74,999 590 19.4% 365 11.9%$75,000-$99,999 313 10.3% 340 11.1%$100,000-$149,999 630 20.8% 708 23.0%$150,000-$199,999 227 7.5% 271 8.8%$200,000+ 270 8.9% 301 9.8%

Median Household Income $70,498 $79,975Average Household Income $96,251 $103,317Per Capita Income $30,674 $32,870

Data Note: Income reported for July 1, 2021 represents annual income for the preceding year, expressed in current (2019) dollars, including an adjustment for inflation.Source: U.S. Census Bureau, Census 2010 Summary File 1. Esri Forecasts for 2016 and 2021.

August 17, 2016

©2016 Esri Page 1 of 9