Strathmore, NJ High Income Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Strathmore, New Jersey Market population: 7K. 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 Strathmore NJ Properties: 2.2300%
⭐ 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 Strathmore NJ
Common questions from investors exploring commercial real estate in Strathmore NJ.
What is the overall investment potential of Strathmore, NJ?
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Strathmore, NJ offers a stable investment market, with a median household income of $121,607, a low poverty rate of 2.9%, and a high health insurance coverage rate of 96.7%, indicating a strong and secure tenant base. The top industries, including Information and Wholesale Trade, also suggest a diverse and resilient economy. Additionally, the high homeownership rate of 90.7% and median property value of $362,100 indicate a strong and stable housing market.
How does the demographic makeup of Strathmore, NJ impact investment decisions?
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The demographic makeup of Strathmore, NJ, with a median age of 41.8 and a diverse population including White, White Non-Hispanic, and Hispanic ethnicities, suggests a stable and family-oriented community. The low poverty rate of 2.9% and high health insurance coverage rate of 96.7% also indicate a high quality of life, making it an attractive location for renters and homeowners alike. Furthermore, the average commute time of 40.4 minutes and top commute methods, including public transit, suggest a convenient and accessible location.
What are the key factors to consider when evaluating the rental market in Strathmore, NJ?
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When evaluating the rental market in Strathmore, NJ, key factors to consider include the low poverty rate of 2.9%, high health insurance coverage rate of 96.7%, and high median household income of $121,607, which suggest a strong and secure tenant base. The top industries, including Information and Wholesale Trade, also indicate a diverse and resilient economy, which can support a stable rental market. Additionally, the median property value of $362,100 and median property taxes of $2,348 should be considered when evaluating rental yields and investment potential.
How does the economy and employment market in Strathmore, NJ impact real estate investment?
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The economy and employment market in Strathmore, NJ, with a diverse range of top industries including Information, Wholesale Trade, and Manufacturing, suggest a resilient and growing economy. The employed population of 3,468 and low poverty rate of 2.9% also indicate a strong and stable workforce, which can support a healthy rental market and attract businesses and residents to the area. Furthermore, the median household income of $121,607 and high health insurance coverage rate of 96.7% suggest a high quality of life and a strong demand for housing.
What are the implications of the housing market and quality of life in Strathmore, NJ for real estate investors?
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The housing market in Strathmore, NJ, with a high homeownership rate of 90.7% and median property value of $362,100, suggests a strong and stable market with potential for long-term appreciation. The high health insurance coverage rate of 96.7% and low poverty rate of 2.9% also indicate a high quality of life, making it an attractive location for renters and homeowners alike. Additionally, the average commute time of 40.4 minutes and top commute methods, including public transit, suggest a convenient and accessible location, which can support a healthy and stable rental market.
Strathmore NJ Real Estate & City Facts
Key facts and real estate information about Strathmore NJ.
What are some of the best neighborhoods to live in Strathmore?
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Some of the best neighborhoods to live in Strathmore, NJ, include the O Section of Strathmore, which is known for its quiet and family-friendly atmosphere, as well as other neighborhoods like Fairview, which has a nice park and a community spirit.
What are some fun things to do in Strathmore?
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There are plenty of fun things to do in Strathmore, NJ, such as visiting the Keyport Waterfront Park, taking a tour of the Burrowes Mansion, or exploring the Cheesequake State Park. You can also check out the local restaurants and bars, like Limoncello at Piazza di Roma or Maloney's Pub & Grill.
What is the food scene like in Strathmore?
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The food scene in Strathmore, NJ, is diverse and offers a range of cuisines, including Italian, American, and seafood. Some popular restaurants include Limoncello at Piazza di Roma, Denino's Pizza Place, and Hyderabad Spice. There are also plenty of great food trucks and local eateries to try.
What are the pros and cons of living in Strathmore?
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The pros of living in Strathmore, NJ, include its quiet and family-friendly neighborhoods, good schools, and community spirit. However, some cons include the high cost of living, traffic, and limited job opportunities in certain industries. Overall, Strathmore is a great place to live for those who value a suburban lifestyle and are willing to commute to nearby cities for work.
Is Strathmore a good place to live?
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Strathmore, NJ, is a good place to live for those who are looking for a suburban lifestyle with a strong sense of community. While it may have some drawbacks, such as high costs and limited job opportunities, the town's quiet neighborhoods, good schools, and local amenities make it an attractive option for families and individuals alike.
⭐ 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 Strathmore NJ Commercial Property: $121,607
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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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