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$900,000
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Property Description
Two fully leased buildings with a 9% Cap Rate. Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 14.5 ft clear height and 6 vehicle lifts and is an existing auto use. Tenant in Building 2 is on a three year lease. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the 500 years flood plain, however there is a pump system installed to minimize any flooding issues. Seller will consider seller financing for a well qualified buyer with appropriate down payment. Property is located in Sub Area 8 of Olden Avenue Redevelopment Plan.
Full Property Details
Full Property Details for 1590 5th St
General
- Sold For: $900,000
- Taxes: $19,118 (2024)
- Status: Closed
- Type: Warehouse
- Source: BrightMLSTriStates
- MLS ID: NJME2049272
- Added to Site: 479 day(s) ago
Business
- Business Type: Manufacturing, Auto Related, Professional, Warehouse,
Rooms
Bathrooms
- Restrooms: 6
Parking
- Total Spaces: 46
- Parking Features: Paved Parking
- Parking Type: Parking Lot
Location
- Area: Ewing Twp (21102)
- Municipality: EWING TWP
- County: MERCER
- Cross Streets: Spruce
- Driving Directions: From Spruce st, take 5th st to 1590 5Th St .
- Location Details: Business District
School Information
- School District: Ewing Township Public Schools
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Electric Available
Structural Information
- Construction: Block
- Roof: Flat, Shingle
- Ceiling Height: 12' to 15'
- Drive-In Doors: 1
- Entry Floor Number: 2
- Stories/Levels: 2
- Year Built: 1980
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
- Other Units: Unit 1, Unit 1, Unit 1, Unit 1, Unit 1
Lot Features
- Lot Size (Acres): 0.44
- Lot Size (Sq. Ft.): 18,962
- Lot Size Source: Estimated
- Fence: Yes
- Zoning: COMMERCIAL
Financial Considerations
- Price Per Sq. Ft.: $96.56
- Operating Expenses: $31,000
- Tax w/Assessment: $486,100
- Tax Amount: $19,118
- Tax Year: 2024
- Owner Pays: Taxes - Real Estate, Insurance
- Landlord Pays: Taxes - Real Estate, Insurance
Disclosures and Reports
- Ownership: Fee Simple
- Exclusions: Tenant’s property
- Inclusions: “As is- where is “ condition.
- Investment: Yes
- Lot Number: 2127
Listed and Sold by BHHS Fox & Roach Hopewell Valley, Gough W Thompson III
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Schools
Schools serving 1590 5th St
School District:Ewing Township School District
| Name | Grades | Distance |
|---|---|---|
Ewing High School 900 Parkway Ave, Ewing Township, NJ 08618 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1590 5th St
Date
Details
Price
Change
Source
1/02/2026
Sold
$900,000
-5.26%
MLS
9/24/2024
Listed
$950,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1590 5th Street, Ewing Township, NJ 08638 (MLS# NJME2049272) is a Warehouse property that was sold at $900,000 on January 02, 2026. Want to learn more about 1590 5th Street? Do you have questions about finding other Warehouse real estate for sale in Ewing Township? You can browse all Ewing Township real estate or contact a Coldwell Banker agent to request more information.

