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    2 Stokes Rd Shamong, NJ 08088

    Sponsored
    For Sale
    $969,000

    Four-acre corner lot, ideal for development.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional four-acre corner lot is situated within a thriving industrial park in Shamong, New Jersey, presenting a unique investment opportunity. The property boasts previously approved plans for a 40,000 square foot self-storage facility, although these plans are not binding and could be modified to accommodate alternative uses. The approvals, while expired, provide a significant head start for developers seeking to expedite the permitting process. The comprehensive plans offer a detailed blueprint for construction, minimizing potential delays and uncertainties. Furthermore, the property benefits from a letter of support from the township of Shamong for the development of a medical marijuana facility, opening up additional avenues for potential investors. This prime location offers excellent visibility and accessibility, making it an attractive proposition for a wide range of commercial ventures. The expansive four-acre parcel provides ample space for substantial development, ensuring flexibility and scalability for future projects. This is a rare opportunity to acquire a strategically located property with a proven track record of development approval, offering significant potential for substantial returns. The existing approvals and the letter of support from the township significantly reduce the hurdles typically associated with new developments, making this a highly desirable investment. Serious inquiries are encouraged.

    Property Features for 2 Stokes Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    174,240 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Shamong
    County
    BURLINGTON
    State
    New Jersey
    Longitude
    -74.73924
    Latitude
    39.77021

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    FAQs

    What type of property is this?
    Commercial real estate - Four-acre corner lot, ideal for development.
    Where is this commercial real estate located?
    The property is located at 2 Stokes Rd Shamong, NJ.
    What is the asking price?
    The asking price for this property is $969,000.
    (609) 399-5711
    Request Owner's contact information
    2 Stokes Rd Shamong, NJ 08088
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    Realmo Value Estimation

    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.

    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.

    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
    2 Stokes Rd Shamong, NJ 08088
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