Closed$899,900
TLC ≈ $7,155/mo
4 3 —
3817 Park Avenue, Edison, NJ 08820
216 Main Street, Metuchen, NJ 08840
$625,000
0 beds 0 baths 10 sqft34 days on marketActive
About this home
**Back On Market** Prime Mixed-Use Development Opportunity Positioned in the heart of Metuchen's vibrant downtown corridor, this property presents a compelling opportunity for redevelopment into a boutique mixed-use asset. Located within the B2 zoning district, the site supports a range of commercial and residential uses, ideal for today's demand for walkable, income-producing properties. The parcel lends itself to a 2-3 story development, with ground floor retail complemented by 2-4 residential units above, offering strong potential for long-term cash flow and value appreciation. All subject to town Zoning. The existing structure is best suited for redevelopment, allowing a clean slate for design and construction. This property is being sold as a knock down. Value is in the land. Structures sold strictly as is. Opportunities of this nature in downtown Metuchen are increasingly limited. This is an ideal acquisition for developers, investors, or end-users seeking to capitalize on the continued growth and demand in this highly desirable market. Cash buyers only
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 4% APR.
Your estimated payment
$4,812/mo
- Real estate (PITI + HOA + PMI)
- $4,622
- Utilities
- $383
- Transportation
- $129
- Other (entertainment)
- $157
Principal + interest$2,835
Property tax + insurance$1,553
PMI / 2nd mortgage$234
Heating + cooling$30
Internet + TV + phone$157
Water + sewer + garbage$58
Car insurance + maintenance$129
Budget$5,312/mo
Remaining after TLC$500/mo
Purchase price
$625,000
Down payment
$31,250 (5%)
Loan amount
$593,750
APR
4%
Quick facts
Type
Commercial
Style
—
Year built
—
Lot size
0.114 ac
Stories
2
Heating
Baseboard Electric
Cooling
Central Air, Window Unit(s)
Water
Public
HOA
—
Annual tax
$11,963
MLS #
2614924R
County
Middlesex
At a glance
Air conditioning
Home features
Parking
On SiteOn StreetOpen
Flooring
Laminate, See Remarks, Wood
Roof
Asphalt, Flat
Sewer
Public Sewer
Lot features
Near Public Transit, Near Shopping, Near Train
Neighborhood — 08840
| Metric | This ZIP | County | USA |
|---|---|---|---|
| Population | 12,505 | 8,832,837 | 299,088,112 |
| Population Change Since1990 | 8.00% | 14.00% | 20.00% |
| Population Density | 3,973 | 1,137 | — |
| Male | 6,148 | 4,307,827 | 147,432,321 |
| Female | 6,357 | 4,525,010 | 151,655,844 |
| Never Married | 2,409 | 1,965,811 | 63,775,926 |
| Married | 5,962 | 3,647,435 | 123,120,365 |
| Separated | 248 | 391,239 | 12,639,686 |
| Widowed | 685 | 515,172 | 15,467,586 |
| Divorced | 714 | 529,393 | 23,075,029 |
| Number Of House Hold | 4,638 | 3,167,345 | 111,826,380 |
| Average House Hold Size | 2.69 | 2.73 | 2.60 |
| Medial Age | 38.83 | 37.15 | 35.46 |
| Median House Hold Income | $91,148 | $63,392 | $48,276 |
| Average House Hold Income | $116,452 | $83,312 | $63,629 |
| P C I | $43,580 | $30,662 | $24,529 |
| M D I | $71,699 | $52,505 | $41,133 |
| A T H E | $78,902 | $61,369 | $50,898 |
| S T R | 7.00% | 7.00% | — |
| W C J | 78.69% | 81.02% | 77.74% |
(Zip) Code
8840
Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.
Map & walkability
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Listing information last refreshed 5/4/2026. Provided courtesy of KELLER WILLIAMS ELITE REALTORS via Central Jersey Multiple Listing System, INC. Information deemed reliable but not guaranteed.