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$2,250,000 Just Listed
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Property Description
122 Central Avenue Is A Beautiful, Brick, Freestanding Retail Building With Excellent Parking in Prime Location and Condition. The Single Story Property Consists Of 2 Separate Units With Short Term Leases. New Roof. 25 Parking Spaces. The Location Is Highly Visible and Easy To Access. The Property Itself Has Been Maintained and Renovated With The Highest Quality Since It Was Built. The Current Rent Roll Shows A 6.5% Cap Rate. This Very Special Property Makes Sense For Owner-Users and Investors.
Full Property Details
Full Property Details for 122 Central Ave
General
- Price: $2,250,000
- Taxes: $25,492 (2025)
- Status: Active
- Type: Retail
- Source: Garden_State
- MLS ID: 4028218
- Updated: 5/16/2026
- Added to Site: 3 day(s) ago
Business
- Includes: Building & Land
Rental Information
- Lease/Rent Term: Net
Interior
- Flooring: Concrete
Rooms
Bathrooms
- Total Bathrooms: 3
- Restrooms: 3
Additional Information
- Equipment: Fire Alarm, Handicapped Access, Restrooms - Private, See Remarks, Sprinkler System, Storage Area(s)
Exterior
- Color: BRICK
Parking
- Garage Spaces: 25
- Total Spaces: 25
- Parking: 2 Car Width, Blacktop, Off-Street Parking, Parking Lot-Exclusive
Location
- County: Union
- Subdivision: DOWNTOWN CLARK/RARITAN CORR
- Driving Directions: 122 Central Ave, across from Target and Wendys
- Location Details: Business District, Freestanding, See Remarks
Heating & Cooling
- Cooling Type: 2 Units
- Heating Type: 2 Units
- Heating Fuel: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
- Utility Description: All Underground
Structural Information
- Construction: Brick/Block
- Exterior Const.: Brick/Block
- Basement: Yes
- Basement Desc.: Finished-Partially, Full
- Roof: Flat
- Ceiling Height: 9
- Door Dimensions: 7
- Stories in Building: 1
- Square Feet: 5,400
- Aprox. Leasable: 5,400 Sq. Ft.
- Previous Bldg. Use: RETAIL/MEDICAL
- Office: 2,000 Sq. Ft.
Lot Features
- Lot Size (Acres): 0.34
- Lot Size: 14573 SF
- Permitted Use: RETAIL/MEDICAL/INDUSTRIAL/OFFICE
- Zoning: 4A
- Lot Description: Level Lot
Financial Considerations
- Price Per Sq. Ft.: $409
- Expenses: Maintenance - Exterior, Property Management, Snow Removal
- Operating Expenses: $1,100
- Assessment Amount: $1,123,500
- Land Assmt: $167,500
- Tax Amount: $25,492
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Documents Avail.: Leases
- APN: 2902-00071-0000-00004-0001-
- Block: 71
- Lot Number: 4.01
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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Schools
Schools serving 122 Central Ave
School District:Clark Township School District
| Name | Grades | Distance |
|---|---|---|
Frank K. Hehnly Elementary School 590 Raritan Road, Clark, NJ 07066 | K-5 | 1.5 mi |
Carl H. Kumpf Middle School 59 Mildred Terrace, Clark, NJ 07066 | 6-8 | 1.2 mi |
Arthur L Johnson High School 365 Westfield Avenue, Clark, NJ 07066 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 122 Central Ave
Date
Details
Price
Change
Source
5/16/2026
Listed
$2,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 122 Central Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$24,874
2%
$1,123,500
—
2023
$24,504
3%
$1,123,500
—
2022
$23,796
1%
$1,123,500
—
2022
$23,673
-28%
$1,123,500
205%
2021
$32,697
—
$367,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 122 Central Ave
122 Central Avenue, Clark Township, NJ 07066 (MLS# 4028218) is a Retail property. 122 Central Avenue is currently listed for $2,250,000 and was received on May 16, 2026. This property is listed by John Wiley from our Westfield Office.Want to learn more about 122 Central Avenue? Do you have questions about finding other Retail real estate for sale in Clark Township? You can browse all Clark Township real estate or contact a Coldwell Banker agent to request more information.


