CCertihomes
216 Main Street, Metuchen, NJ 08840

$625,000

0 beds 0 baths 10 sqft3 days on marketActive

About this home

216 Main Street, Metuchen - 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. The existing structure is best suited for redevelopment, allowing a clean slate for design and construction. The property is free of oil tanks, and access to gas service is readily available, simplifying future utility upgrades. 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. Property sold strictly as is. No showings till 5/4

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
$6,003/mo

Real estate (PITI + HOA + PMI)
$5,813
Principal + interest$4,026
Property tax + insurance$1,553
PMI / 2nd mortgage$234
Utilities
$383
Heating + cooling$30
Internet + TV + phone$157
Water + sewer + garbage$58
Transportation
$129
Car insurance + maintenance$129
Other (entertainment)
$157
$6,003/mo TLC
Budget$6,503/mo
Remaining after TLC$500/mo
Purchase price
$625,000
Down payment
$31,250 (5%)
Loan amount
$593,750
APR
7.19%

Quick facts

Type
Commercial
Style
Year built
Lot size
0.114 ac
Stories
2
Heating
Baseboard Electric
Cooling
Window Unit(s)
Water
Public
HOA
Annual tax
$11,963
MLS #
2614924R
County
Middlesex

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

MetricThis ZIPCountyUSA
Population12,5058,832,837299,088,112
Population Change Since19908.00%14.00%20.00%
Population Density3,9731,137
Male6,1484,307,827147,432,321
Female6,3574,525,010151,655,844
Never Married2,4091,965,81163,775,926
Married5,9623,647,435123,120,365
Separated248391,23912,639,686
Widowed685515,17215,467,586
Divorced714529,39323,075,029
Number Of House Hold4,6383,167,345111,826,380
Average House Hold Size2.692.732.60
Medial Age38.8337.1535.46
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 R7.00%7.00%
W C J78.69%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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Central Jersey Multiple Listing System, INC

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.

216 Main Street · Metuchen — $625,000 · Certihomes