Pine Lake Park, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Pine Lake Park, New Jersey Market population: 9K. Browse multifamily, office, retail, industrial, 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 Pine Lake Park NJ Properties: 1.8900%
⭐ 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 Pine Lake Park NJ
Common questions from investors exploring commercial real estate in Pine Lake Park NJ.
What's the overall investment potential of Pine Lake Park, NJ?
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With a median household income of $72,281 and a low poverty rate of 4.9%, Pine Lake Park, NJ, appears to be a stable investment market, further supported by its high health insurance coverage of 91.6% and relatively short average commute time of 31 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate investment in Pine Lake Park?
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The top industries in Pine Lake Park, including Public Administration, Finance & Insurance, and Real Estate & Rental & Leasing, suggest a diverse economic base, which, combined with an employed population of 4,090 and a GINI coefficient of 0.334, indicates a stable market with opportunities for growth, especially considering the area's high homeownership rate of 84.6%.
What role does ethnic diversity play in the demand for real estate in Pine Lake Park?
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The ethnic diversity, with White (43.8%), White Non-Hispanic (39.6%), and Hispanic (7.1%) populations, contributes to a vibrant community, which, along with a median property value of $251,600 and median property taxes of $2,584, suggests a balanced housing market that can attract a wide range of buyers and renters, supported by the area's average commute time and top commute methods.
How do quality of life metrics influence the stability of the real estate market in Pine Lake Park?
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The average commute time of 31 minutes, top commute methods like driving alone and working from home, and a high health insurance coverage rate of 91.6% all point to a high quality of life, which, when combined with a low poverty rate of 4.9%, suggests a stable and attractive market for both investors and residents, with potential for long-term appreciation in property value.
What are the implications of the demographic and economic data for real estate investors in Pine Lake Park?
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Considering the median age of 36.5, median household income of $72,281, and the diverse top industries, Pine Lake Park presents an opportunity for real estate investors to capitalize on a growing and relatively affluent community, with its high homeownership rate and stable economic indicators, such as the low poverty rate and high health insurance coverage, suggesting a favorable environment for investment and development.
Pine Lake Park NJ Real Estate & City Facts
Key facts and real estate information about Pine Lake Park NJ.
What are some of the best neighborhoods to live in Pine Lake Park?
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Some of the best neighborhoods to live in Pine Lake Park include Pine Lake Park itself, which is a quiet and family-friendly area, as well as nearby neighborhoods like Holiday City and Manchester Township. These areas offer a range of housing options and a strong sense of community.
What are some fun things to do in Pine Lake Park?
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There are plenty of fun things to do in and around Pine Lake Park, including visiting the nearby beaches, going for a hike at Lakewood Pine Park, or taking a stroll along the lake. You can also check out the local attractions like the Popcorn Park Zoo or take a trip to the nearby cities like New York or Philadelphia.
What is the food scene like in Pine Lake Park?
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The food scene in Pine Lake Park is diverse and exciting, with a range of restaurants serving everything from fresh seafood to traditional Italian cuisine. Some popular spots include The Old Causeway, Otts Good Earth Garden, and Olea in nearby Spring Lake. There are also plenty of great food trucks and casual eateries to grab a bite on the go.
What are the pros and cons of living in Pine Lake Park?
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The pros of living in Pine Lake Park include its quiet and family-friendly atmosphere, proximity to beautiful beaches and outdoor spaces, and a strong sense of community. However, some cons include the potential for traffic and crowds during peak season, and limited public transportation options. Additionally, the area can be quite seasonal, with some businesses and attractions closing during the off-season.
Is Pine Lake Park a good place to live?
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Overall, Pine Lake Park is a great place to live for those who value a quiet and family-friendly atmosphere, proximity to nature and outdoor activities, and a strong sense of community. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle, it is definitely worth considering for those looking for a relaxed and peaceful place to call home.
⭐ 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 Pine Lake Park NJ Commercial Property: $72,281
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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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