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Property profile & analytics
OFF-MARKET
Commercial real estate

233 Rte 94 Vernon, NJ 07462

1,784 SF 1.65 ac lot Built 1965
Property ID
Property summary
AI-generated overview

This exceptional 1.784 square foot commercial property, located at 233 Route 94, Unit 233, Vernon, NJ, presents a unique investment opportunity. Situated on a generous 1.65-acre lot, this property boasts an impressive 313 feet of road frontage on State Route 94, ensuring high visibility and excellent signage opportunities. Currently zoned C3, the property is ideally suited for a variety of commercial uses, including retail or food service establishments. An existing structure is in place, offering the potential for rehabilitation and immediate business occupancy or complete redevelopment to suit a new vision. The building's current condition is described as intact and workable. The property's prime location offers easy access to the popular Mountain Creek Year-Round Resort, providing significant potential for increased customer traffic and business growth. This is a rare chance to acquire a substantial commercial property in a high-traffic area with significant development potential. The asking price is $399,000, reflecting a recent price reduction. This presents a compelling opportunity for investors and business owners seeking a strategic location with high visibility and flexibility. The property's size and zoning provide ample room for expansion or adaptation to meet specific business needs. Don't miss this chance to secure a prime commercial location in a thriving area.

Property profile
Verified
Property type Commercial real estate
Year built 1965
Total area 1,784 SF
Lot 1.65 ac (71,874 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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