Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    620 Texas Rd Old Bridge, NJ 08857

    Sponsored
    For Sale
    $650,620

    Residential - Old Bridge, NJ

    Lot size:
    7.51 Acres
    Days on Market:
    35
    Last Refresh:
    Jan 21 at 5:06 am

    Property Features for 620 Texas Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R 120
    APN
    15637999
    Lot size
    7.51 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jeffrey Kist

    eXp Realty, LLC (866) 201-6210 [email protected]

    Listing agent OPEYEMI OGUNBADEJO (866) 201-6210

    Listing date Dec 18, 2025

    MLS# 2608639R Listing URL

    Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Expansive Residential Land in Old Bridge

    This 7.51-acre parcel of land is located along County Road 690 in Old Bridge. Zoned R120, the property offers potential for residential development, subject to township approvals. The land features a mix of open space and designated wetlands, providing natural privacy. With direct road frontage and convenient access to surrounding neighborhoods, schools, and major routes, this lot is suitable for investment, building, or holding land in a growing area. Due diligence is required regarding wetlands and permitted uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Old Bridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3154719
    Latitude
    40.3612078

    Nearby Similar for Sale

    • $1,399,999

      Commercial Buildings on Route 35

      Two commercial buildings with showroom, office, and warehouse space.
      330-334 Rte, Old Bridge, NJ 08857
      View Details
    • $2,200,000
      16,000 SF

      Fully Leased Commercial Investment Opportunity

      Turnkey, fully-leased commercial building with six established tenants in Old Bridge.
      228 SE State Rte 34 Cor, Old Bridge, NJ 07747
      View Details
    • New
      $949,900
      8,000 SF

      Versatile House of Worship Property

      Adaptable property suitable for worship, community, education, or redevelopment.
      22 Laurence Pkwy, Old Bridge, NJ 08879
      View Details
    • $399,000

      Updated Ranch in Society Hill

      Immaculate, updated ranch in Old Bridge's desirable Society Hill.
      171 Bristol Ct, Old Bridge, NJ 08857
      View Details
    • $399,000

      Updated Ranch in Society Hill

      Immaculate, updated ranch in Old Bridge's desirable Society Hill community.
      171 Bristol Ct, Old Bridge, NJ 08857
      View Details
    • $575,000
      1,872 SF

      Charming Townhouse in Heritage Woods

      Comfortable townhouse with modern kitchen, master suite, and community amenities.
      8 Amber Dr, Old Bridge, NJ 08857
      View Details
    • $450,000

      Luxury Condo in 55+ Community

      Stunning 2 bed, 2 bath condo in Old Bridge.
      40 Azalea Dr, Old Bridge, NJ 08857
      View Details
    • $495,000

      Luxury 55+ Community Condo

      Well-maintained 2 bed, 2 bath condo with garage.
      3208 Falston Cir, Old Bridge, NJ 08857
      View Details
    • $575,000
      2,212 SF

      Spacious Townhouse in Heritage Woods

      4-bedroom, 2.5-bathroom townhouse with modern amenities and community features.
      97 Osprey Dr, Old Bridge, NJ 08857
      View Details
    • $1,100,000
      2,200 SF

      Spacious Office Space in Old Bridge

      2,200 sq ft office space in a prime location.
      300 Perrine Rd, Old Bridge, NJ 08857
      View Details
    • $8,250,000

      Industrial Building with Residential Dwelling

      Three parcels including industrial building and single-family home for sale.
      1706-1710 Englishtown Rd, Old Bridge, NJ 08857
      View Details
    • $8,250,000
      13,505 SF

      Old Bridge Industrial/Residential Opportunity

      Industrial building and residential dwelling on 8.13 acres.
      1706 Englishtown Rd, Old Bridge, NJ 08857
      View Details

    FAQs

    What type of property is this?
    Land - 7.51 acres of residential land in Old Bridge, NJ.
    Where is this land located?
    The property is located at 620 Texas Rd Old Bridge, NJ.
    What is the asking price?
    The asking price for this property is $650,620.
    What are key features of this property?
    This property features: - 7.51-acre residential parcel in Old Bridge.; - Zoned R120, offering residential development potential (subject to approvals).; - Direct road frontage on County Road 690 provides convenient access.
    (866) 201-6210
    Request Owner's contact information
    620 Texas Rd Old Bridge, NJ 08857
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    620 Texas Rd
    Old Bridge, NJ 08857
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 Texas Rd Old Bridge, NJ 08857
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeffrey Kist
    Real Estate License ID: 1327494
    (866) 201-6210
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.