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Big Red Property ~ Lots 34 & 35 119 Newman Springs Rd E 6,200 SF Retail Building Red Bank, NJ 07702 $3,458,450 CAD ($557.81 CAD/SF)
INVESTMENT HIGHLIGHTS
- High Traffic Area
EXECUTIVE SUMMARY
6,200 Sq. Ft. Retail Building on Busy Highway. Plenty of Parking On Site. Major Thoroughfare Between the Garden State Parkway and Highway 35.
TAXES & OPERATING EXPENSES (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Taxes |
$26,037
|
$4.20
|
| Operating Expenses |
$925
|
$0.15
|
| Total Expenses |
$26,962
|
$4.35
|
TAXES & OPERATING EXPENSES (ACTUAL - 2023)
| Taxes (CAD) | |
|---|---|
| Annual | $26,037 |
| Annual Per SF | $4.20 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $925 |
| Annual Per SF | $0.15 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $26,962 |
| Annual Per SF | $4.35 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,200 SF
Building Class
C
Year Built
1954
Price
$3,458,450 CAD
Price Per SF
$557.81 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.27
Lot Size
0.52 AC
Zoning
B-1 - Business Zone District
Parking
15 Spaces (2.42 Spaces per 1,000 SF Leased)
Frontage
150’ on Newman Springs Rd
AMENITIES
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 44-00005-0000-00034 | Total Assessment | $1,677,210 CAD (2025) |
| Land Assessment | $903,901 CAD (2025) | Annual Taxes | $26,037 CAD ($4.20 CAD/SF) |
| Improvements Assessment | $773,309 CAD (2025) | Tax Year | 2023 |
PROPERTY TAXES
Parcel Number
44-00005-0000-00034
Land Assessment
$903,901 CAD (2025)
Improvements Assessment
$773,309 CAD (2025)
Total Assessment
$1,677,210 CAD (2025)
Annual Taxes
$26,037 CAD ($4.20 CAD/SF)
Tax Year
2023
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Big Red Property ~ Lots 34 & 35 | 119 Newman Springs Rd E
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