Laurence Harbor, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Laurence Harbor, New Jersey Market population: 6K. Compare commercial properties across all major asset...
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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 Laurence Harbor NJ Properties: 5.3500%
⭐ 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 Laurence Harbor NJ
Common questions from investors exploring commercial real estate in Laurence Harbor NJ.
What's the overall investment potential of Laurence Harbor, NJ?
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Laurence Harbor, NJ offers a stable investment market with a median household income of $74,921, a relatively low poverty rate of 4.7%, and a high health insurance coverage rate of 94.0%, indicating a strong and secure tenant base. The top industries, including Information and Finance & Insurance, also suggest a diverse and growing economy. With a median property value of $259,100 and a homeownership rate of 76.9%, the housing market appears robust.
How does the local economy impact real estate investment in Laurence Harbor?
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The local economy in Laurence Harbor, driven by top industries such as Information, Finance & Insurance, and Manufacturing, contributes to a median household income of $74,921 and an employed population of 3,261, which is about 51.4% of the total population of 6,403. This, combined with a low poverty rate of 4.7% and a high health insurance coverage rate of 94.0%, suggests a stable and secure market for real estate investment.
What role does ethnic diversity play in the demand for real estate in Laurence Harbor?
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The ethnic diversity in Laurence Harbor, with top ethnicities including White (42.3%), White Non-Hispanic (35.6%), and Hispanic (8.6%), contributes to a dynamic and growing community. This diversity, paired with a median age of 39.3 and an average commute time of 35.2 minutes, indicates a market with a wide range of housing needs and preferences, potentially driving demand for various types of real estate investments.
How do quality of life metrics, such as commute time and health insurance coverage, impact market stability in Laurence Harbor?
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The average commute time of 35.2 minutes in Laurence Harbor, with top commute methods including driving alone, working from home, and carpooling, suggests a relatively convenient and flexible transportation situation. When combined with a high health insurance coverage rate of 94.0%, this indicates a stable and secure quality of life for residents, which can contribute to a lower turnover rate and more reliable rental income for investors.
What are the implications of the GINI coefficient and poverty rate for real estate investors in Laurence Harbor?
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The GINI coefficient of 0.326 in Laurence Harbor, which measures income inequality, combined with a relatively low poverty rate of 4.7%, suggests a market with a balanced distribution of income and a strong middle class. This, along with a median property value of $259,100 and median property taxes of $1,995, indicates a stable and potentially profitable environment for real estate investment, with opportunities for both rental properties and home sales.
Laurence Harbor NJ Real Estate & City Facts
Key facts and real estate information about Laurence Harbor NJ.
What are some of the best neighborhoods to live in Laurence Harbor?
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Some of the best neighborhoods to live in Laurence Harbor include areas near the waterfront, such as Harbor Drive and Bayshore Drive, which offer beautiful views and a relaxed atmosphere. Other neighborhoods, like those near Cheesequake State Park, provide easy access to outdoor recreation and nature reserves.
What are some fun things to do in Laurence Harbor?
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There are plenty of fun things to do in Laurence Harbor, such as visiting the Keyport Waterfront Park, exploring the Cheesequake State Park, or checking out the local restaurants and bars, like 3BR Distillery and Ginkaku Japanese Bistro. You can also attend events and activities listed on Eventbrite, like tours, music, and exhibitions.
What is the food scene like in Laurence Harbor?
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The food scene in Laurence Harbor is diverse and offers a range of options, from upscale dining to casual eats. You can find restaurants like Harbor Burger Bar, which serves high-quality burgers, or try some of the local Italian cuisine, like Lisa Pizza. There are also plenty of great food trucks and eateries in the area, offering everything from seafood to Japanese cuisine.
What are the pros and cons of living in Laurence Harbor?
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The pros of living in Laurence Harbor include its beautiful waterfront location, easy access to outdoor recreation, and a relaxed atmosphere. However, some cons include the potential for traffic and congestion, especially during peak season, and the limited number of job opportunities in the area. Additionally, the cost of living in Laurence Harbor can be relatively high, especially when it comes to housing and property taxes.
Is Laurence Harbor a good place to live?
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Laurence Harbor can be a great place to live, depending on your individual preferences and priorities. If you value a relaxed, waterfront lifestyle and easy access to outdoor recreation, Laurence Harbor may be an excellent choice. However, if you're looking for a more urban or fast-paced environment, or if you're concerned about the cost of living, you may want to consider other options. Ultimately, it's essential to weigh the pros and cons and visit the area in person to determine if Laurence Harbor is 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 Laurence Harbor NJ Commercial Property: $74,921
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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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