Farmingdale, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Farmingdale, New Jersey Market population: 15K. Explore income-producing properties with verified cap rates and...
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12 properties found
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⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Farmingdale NY Properties: 2.4600%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Farmingdale NY
Common questions from investors exploring commercial real estate in Farmingdale NY.
What's the overall investment potential of Farmingdale, NY?
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Farmingdale's median household income of $93,419, combined with a low poverty rate of 4.8% and high health insurance coverage of 95.5%, suggests a stable and attractive market for real estate investors, with a strong foundation of working-class individuals and families who can afford housing.
How does the local economy impact rental demand?
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The top industries in Farmingdale, including Healthcare & Social Assistance, Retail Trade, and Finance & Insurance, drive employment and attract a diverse workforce, with 24.1% of the population being foreign-born, contributing to a steady demand for rental properties, especially considering the average commute time of 35.4 minutes and the prevalence of driving alone to work.
What are the key factors influencing property values in Farmingdale?
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The median property value of $423,400, coupled with a high homeownership rate of 84.1% and relatively high median property taxes of $9,444, indicates a strong and stable housing market, which is further supported by the area's ethnic diversity, with a majority of White residents, followed by Asian and Hispanic or Latino populations, contributing to a vibrant community.
How does the quality of life in Farmingdale affect its attractiveness to investors?
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The city's relatively low poverty rate of 4.8%, high health insurance coverage of 95.5%, and average commute time of 35.4 minutes suggest a good quality of life, which, combined with a median age of 43.8 and a high school graduation rate of 92.2%, makes Farmingdale an appealing location for families and professionals, thereby increasing its attractiveness to real estate investors.
What role does demographic diversity play in Farmingdale's investment landscape?
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The diverse population of Farmingdale, with top ethnicities including White, Asian, and Hispanic or Latino, and a significant foreign-born rate of 24.1%, contributes to a dynamic and resilient local economy, with a GINI coefficient of 0.403 indicating a moderate level of income inequality, which, when considered alongside the strong employment numbers and high median household income, presents a compelling case for real estate investment in the area.
Farmingdale NY Real Estate & City Facts
Key facts and real estate information about Farmingdale NY.
What are some of the best neighborhoods to live in Farmingdale?
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Some of the best neighborhoods to live in Farmingdale include the area around Fulton St, which is a well-maintained and family-friendly neighborhood with easy access to parks. The southeast parts of the city also tend to be more desirable, while more affordable homes can be found in the south regions. Additionally, nearby areas like Hyde Park and Wantagh are also considered nice places to live.
What are some fun things to do in Farmingdale?
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There are plenty of fun things to do in Farmingdale, such as visiting the American Airpower Museum, exploring the amusement park at Adventureland, or spending a day at Eisenhower Park. You can also race go-karts, wander through the beautiful downtown area, and enjoy the variety of thrill rides and attractions at Adventureland.
What is the food scene like in Farmingdale?
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The food scene in Farmingdale is diverse and exciting, with a range of restaurants serving different cuisines. Some popular spots include Verona Ristorante, Vespa Italian Kitchen & Bar, and Tasting Room Kitchen & Cocktails. You can also find great Italian restaurants, such as Vico and Casa Stellina, and enjoy a night out with friends at one of the many lively eateries in the area. There are also plenty of great food trucks and casual dining options to choose from.
What are the pros and cons of living in Farmingdale?
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One of the pros of living in Farmingdale is its convenient location, with easy access to parks, restaurants, and attractions. The city also has a strong sense of community, with many family-friendly neighborhoods and a vibrant downtown area. However, some cons include the relatively high cost of living, with median property values and taxes being higher than in some other areas. Additionally, traffic and parking can be a challenge in some parts of the city, especially during peak hours.
Is Farmingdale a good place to live?
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Overall, Farmingdale is a great place to live, with its unique blend of small-town charm and big-city amenities. While it may have some drawbacks, such as higher costs and traffic, the city's strong sense of community, excellent restaurants, and exciting attractions make it an attractive option for many people. Whether you're looking for a family-friendly neighborhood, a lively nightlife, or just a convenient and comfortable place to call home, Farmingdale has something to offer.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Farmingdale NY Commercial Property: $93,419
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⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
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⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
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⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
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