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    Englishtown Rd Monroe, NJ 08831

    For Sale
    $599,000

    2-Acre Multi-Use Commercial Land & Home

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional 2-acre commercial property in Monroe, NJ, presents a rare opportunity for business owners. Currently occupied for over 40 years, this location offers significant income-generating potential. Approximately half the land is paved, providing ample space for parking, storage, and various projects. The sale includes two sea containers, three 45-foot trailers (with shelving and tenant occupancy), and two driveways. The property boasts over 150 feet of frontage on a county road, ensuring high visibility. A charming 2-bedroom, 1.5-bathroom energy-efficient home is included, suitable for use as a business office or residence. The expansive outdoor work area features a 200-amp secondary electrical service and a durable steel roof. This unique property combines residential comfort with substantial commercial possibilities, making it an ideal location to live and work. The existing tenants provide immediate income potential, and the ample space allows for expansion and diversification of business operations. The property's location on a county road ensures excellent accessibility and visibility for any business. This is a turnkey opportunity for an entrepreneur seeking a blend of residential and commercial space. Don't miss this chance to acquire a well-established and versatile property in a desirable location.

    Property Features for Englishtown Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.36252
    Latitude
    40.31851

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    FAQs

    What type of property is this?
    Commercial real estate - 2-Acre Multi-Use Commercial Land & Home
    Where is this commercial real estate located?
    The property is located at Englishtown Rd Monroe, NJ.
    What is the asking price?
    The asking price for this property is $599,000.
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    Englishtown Rd Monroe, NJ 08831
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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
    Englishtown Rd Monroe, NJ 08831
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