CCertihomes
1604 State Route 27 Route, Edison, NJ 08817

$300,000

0 beds 3 baths 2,212 sqft Built 1932123 days on marketActive

About this home

To land lease property you will need a $300, 000 deposit for a 40 yr. term with option to purchase. Property currently has 2 residential rentals bringing in $3, 600 a month revenue. 3rd retail space is owner occupied and is 1300 ft. has the probability of $5, 000 a month rent. Currently is owner occupied portion has is own separate heat and utilities, tenants utilities are separate. Office has full basement satiable for storage and has a small area for conference room. Building taxes are little over $10, 000. Parking can accommodate almost 27 cars. 1st fl.is currently an office, but would be suitable for Small Retail Space, Bubble Tea, Take Out Food, Check Cashing Service along with ATM Machine if necessary. Option to buy 6 building lots ready for construction. call Lou at 732-485-0083 for details

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrFixed at 7.19% APR.

Your estimated payment
$3,684/mo

Real estate (PITI + HOA + PMI)
$3,301
Principal + interest$1,933
Property tax + insurance$1,255
PMI / 2nd mortgage$113
Utilities
$541
Heating + cooling$116
Internet + TV + phone$143
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$143
$3,684/mo TLC
Budget$5,000/mo
Remaining after TLC$1,316/mo
Purchase price
$300,000
Down payment
$15,000 (5%)
Loan amount
$285,000
APR
7.19%

Quick facts

Type
Commercial
Style
Year built
1932
Lot size
0.2456 ac
Stories
2
Heating
Auxiliary Electric Heat, Baseboard, See Remarks
Cooling
Central Air, Ceiling Fan(s)
Water
Public
HOA
Annual tax
$10,733
MLS #
2606621R
County
Middlesex

At a glance

Air conditioning

Home features

Appliances
Range/OvenRefrigerator
Interior
Carpeting
Parking
EnclosedOff SiteHard SurfaceUnassigned
Flooring
Carpet, Wood
Roof
Asphalt
Sewer
Public Sewer

Lot features

Commercial Area, Corner Lot, Highway Location

Neighborhood — 08817

MetricThis ZIPCountyUSA
Population46,0878,832,837299,088,112
Population Change Since199017.00%14.00%20.00%
Population Density4,5081,137
Male22,6674,307,827147,432,321
Female23,4204,525,010151,655,844
Never Married10,1781,965,81163,775,926
Married20,3243,647,435123,120,365
Separated1,718391,23912,639,686
Widowed2,208515,17215,467,586
Divorced2,678529,39323,075,029
Number Of House Hold16,9893,167,345111,826,380
Average House Hold Size2.702.732.60
Medial Age35.5137.1535.46
Median House Hold Income$70,549$63,392$48,276
Average House Hold Income$80,178$83,312$63,629
P C I$29,712$30,662$24,529
M D I$57,581$52,505$41,133
A T H E$60,515$61,369$50,898
S T R7.00%7.00%
W C J78.01%81.02%77.74%
(Zip) Code
8817

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

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Central Jersey Multiple Listing System, INC

Listing information last refreshed 10/28/2025. Provided courtesy of AMERICA AGENCY via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.