Succasunna, NJ Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Succasunna, New Jersey Market population: 9K. Compare commercial properties across all major asset classes...
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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 Succasunna NJ Properties: 2.6300%
⭐ 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 Succasunna NJ
Common questions from investors exploring commercial real estate in Succasunna NJ.
What's the overall investment potential of Succasunna, NJ?
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With a median household income of $118,564 and a low poverty rate of 2.7%, Succasunna, NJ presents a stable investment market, further reinforced by its high health insurance coverage of 96.5% and relatively short average commute time of 31.4 minutes, indicating a reliable and healthy workforce.
How does the local economy impact real estate investment in Succasunna?
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The top industries in Succasunna, including Public Administration, Information, and Wholesale Trade, contribute to a diverse economy, while the high median property value of $389,900 and low poverty rate suggest a strong, stable market, and with 96.5% health insurance coverage, tenant reliability is enhanced.
What role does ethnic diversity play in the Succasunna real estate market?
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The ethnic diversity, with White, White Non-Hispanic, and Hispanic populations, alongside a high homeownership rate of 95.9%, indicates a stable community, and when combined with the low poverty rate of 2.7% and high health insurance coverage, it suggests a market with minimal risk and strong potential for property appreciation.
How do quality of life metrics influence investment decisions in Succasunna?
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The average commute time of 31.4 minutes, coupled with the prevalence of driving alone, working from home, and carpooling as top commute methods, suggests a flexible and manageable lifestyle for residents, and with 96.5% health insurance coverage, this indicates a high quality of life, which can drive demand for housing and support rental yields.
What are the implications of income inequality and employment rates for real estate investors?
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The GINI coefficient of 0.322, indicating moderate income inequality, combined with an employed population of 4,566 and a low poverty rate of 2.7%, suggests a balanced economy with opportunities for growth, and when considering the top industries and high median household income, it presents a favorable environment for real estate investment, with potential for long-term appreciation and stable rental income.
Succasunna NJ Real Estate & City Facts
Key facts and real estate information about Succasunna NJ.
What are some of the best neighborhoods to live in Succasunna?
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Some of the best neighborhoods to live in Succasunna include Hillside, which is known for being well-maintained and family-friendly, and Succasunna South, which is a great option for families. The northeast parts of the city tend to be more desirable, while the northwest regions have more affordable homes.
What are some fun things to do in Succasunna?
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There are plenty of fun things to do in Succasunna, such as visiting the Horseshoe Lake Recreation Complex, playing sports at Succasunna Field, or exploring the nearby Wild West City theme park. You can also check out events and activities on Eventbrite, such as bird walks or scavenger hunts.
What is the food scene like in Succasunna?
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The food scene in Succasunna is diverse and delicious, with plenty of options to choose from. Some popular restaurants include Anthony & Sons, Roxbury Diner, and Bryan's Luncheonette. You can also find great Italian food at Sofia's Taqueria or try some sushi at Sushi Hana Japanese Restaurant. There are also plenty of great food trucks and cafes in the area.
What are the pros and cons of living in Succasunna?
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The pros of living in Succasunna include its family-friendly neighborhoods, convenient location, and plenty of outdoor recreational activities. However, some cons include the relatively high cost of living and property taxes. Additionally, some residents may find the area to be a bit quiet or suburban for their taste. Overall, Succasunna is a great option for those who value a strong sense of community and a relaxed pace of life.
Is Succasunna a good place to live?
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Succasunna is a great place to live for those who value a strong sense of community, convenient location, and plenty of outdoor recreational activities. While it may not be the best fit for everyone, particularly those who prefer a more urban lifestyle, it is a wonderful option for families and individuals who want to experience the best of suburban New Jersey. With its beautiful neighborhoods, delicious food scene, and fun things to do, Succasunna is definitely worth considering as a 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 Succasunna NJ Commercial Property: $118,564
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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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