Budd Lake, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Budd Lake, New Jersey Market population: 8K. Browse multifamily, office, retail, industrial, and mixed-use...
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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 Budd Lake NJ Properties: 3.3600%
⭐ 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 Budd Lake NJ
Common questions from investors exploring commercial real estate in Budd Lake NJ.
What's the overall investment outlook for Budd Lake, NJ?
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The 6.3% poverty rate and 93.7% health insurance coverage in Budd Lake suggest a stable market with a strong workforce, while the $90,221 median household income and 70.3% homeownership rate indicate a high level of economic stability, making it an attractive location for real estate investment.
How does the local economy impact rental demand in Budd Lake?
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The top industries in Budd Lake, including Information, Finance & Insurance, and Public Administration, drive demand for rentals, and with a median commute time of 39.9 minutes and 4.2% public transportation usage, renters have access to reliable transportation options, further supporting the local rental market.
What role does ethnic diversity play in shaping the Budd Lake real estate market?
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The diverse population in Budd Lake, with 41.6% White, 36.1% White Non-Hispanic, and 9.2% Hispanic, contributes to a vibrant community, and when combined with a relatively low poverty rate of 6.3% and high health insurance coverage of 93.7%, it suggests a resilient market with a strong potential for long-term growth.
How do quality of life metrics, such as commute time and health insurance, impact market stability in Budd Lake?
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The 39.9-minute average commute time and 93.7% health insurance coverage in Budd Lake indicate a high level of quality of life, which, when paired with a median property value of $324,200 and median property taxes of $1,960, suggests a stable market with a strong potential for property appreciation.
What are the key factors driving property values in Budd Lake, NJ?
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The combination of a strong median household income of $90,221, low poverty rate of 6.3%, and high homeownership rate of 70.3% in Budd Lake drives property values, and with a diverse economy and relatively low income inequality, as indicated by a GINI coefficient of 0.412, the market is well-positioned for continued growth and property appreciation.
Budd Lake NJ Real Estate & City Facts
Key facts and real estate information about Budd Lake NJ.
What are some of the best neighborhoods to live in Budd Lake?
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Some of the best neighborhoods to live in Budd Lake include Sand Shore Rd, which is known for its peaceful and well-maintained environment, and the west parts of the city, which tend to be more desirable. However, it's worth noting that the southeast regions offer more affordable homes.
What are some fun things to do in Budd Lake?
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There are plenty of fun things to do in Budd Lake, such as visiting Rizzo's Wildlife World, exploring Waterloo Village, and enjoying the outdoors at Mount Olive Dog Park. You can also check out the shops and restaurants in the area, like La Mezcalita and Carol's On The Water.
What is the food scene like in Budd Lake?
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The food scene in Budd Lake is diverse and offers a range of options, from German cuisine at Black Forest Inn to Mexican food at Sofia's Taqueria. There are also plenty of great restaurants in the surrounding areas, such as The Barn in Morris County, which offers a family-friendly dining experience with live entertainment.
What are the pros and cons of living in Budd Lake?
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The pros of living in Budd Lake include its natural beauty, friendly atmosphere, and convenient location. However, some cons include the need to drive everywhere, as public transportation is limited, and the fact that some areas can be quite crowded. Additionally, the cost of living in Budd Lake may be higher than in other parts of New Jersey.
Is Budd Lake a good place to live?
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Overall, Budd Lake is a great place to live, offering a dense suburban feel and a range of amenities, including good schools, parks, and restaurants. While it may have some drawbacks, such as limited public transportation and higher costs, the benefits of living in Budd Lake make it a desirable location for many people. It's a good idea to weigh the pros and cons and visit the area to get a feel for whether it's the right fit for you.
⭐ 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 Budd Lake NJ Commercial Property: $90,221
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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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