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    State Rte 27 Hwy Edison, NJ 08817

    Sponsored
    For Sale
    $899,999

    Prime Edison location, 2000 sqft office potential.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, situated on a 0.2-acre lot in Edison, NJ, presents a unique investment opportunity. The property features approved plans for a 2000 square foot commercial office building, complete with all necessary township approvals and variances from the Township of Edison. These approvals are readily available for review. The existing structure on the site must be removed prior to construction. This is a turnkey opportunity for developers or investors seeking to establish a presence in a thriving New Jersey market. The property's location on State Route 27 Highway ensures high visibility and accessibility, making it ideal for a variety of commercial uses. The 0.2-acre lot provides ample space for the planned office building and potential future expansion. All necessary documentation pertaining to the township approvals and variances is included with the property listing. This is a rare chance to acquire a fully permitted commercial development site in a prime location, eliminating the often lengthy and complex process of obtaining necessary approvals. The asking price of $899,999 reflects the significant value and potential of this ready-to-develop property. Don't miss this chance to capitalize on this exceptional investment opportunity.

    Property Features for State Rte 27 Hwy

    General Information

    Property type
    Other commercial real estate
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1952
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Edison
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.41191
    Latitude
    40.50851

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Edison location, 2000 sqft office potential.
    Where is this commercial real estate located?
    The property is located at State Rte 27 Hwy Edison, NJ.
    What is the asking price?
    The asking price for this property is $899,999.
    Request Owner's contact information
    State Rte 27 Hwy Edison, NJ 08817
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    Edison, NJ 08817
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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
    State Rte 27 Hwy Edison, NJ 08817
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