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Development Site Approved For Mixed-Use
For Sale
$2,650,000

85 Prospect Street, South River, NJ 08882

2.04 acre development site approved for multi-story, mixed use.

Property Size2 SF
Price / SF$1,325,000
Days on Market273

Property Features for 85 Prospect Street

General Information

Standard status Active
Size 2 SF
Property subtype Land
Listing Agency: Sitar Realty Company - Corporate
Listed By: Philip Meoli
Source: Sitarcompany
Added: Nov 21, 2025 Changed: Aug 12 Last Checked: Aug 21 at 4:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sitar Realty Company - Corporate

Investment Insights

Based on property information with market context.

This is a 2.04 acre development site approved for multi-story, mixed-use development. The location is conveniently located a short drive from the NJ Turnpike and Routes 9, 18 and 35. Building One's first floor consists of two retail spaces, a tenant fitness center, two multi-purpose rooms, a central tenant lobby, bike storage, and tenant storage in the rear. Floors 2, 3, and 4 consist of 36 two-bedroom apartments, with 12 apartments per floor. Building Two is a one-story, free-standing 1,691 square foot retail building. There are 100 total surface parking spaces. The property is located in an enterprise zone.

Key Highlights

  • Approved for multi‑story, mixed‑use development on ±2.04 acres.
  • Includes two buildings: a multi‑story building with retail and 36 two‑bedroom apartments, and a separate ±1,691 SF retail building.
  • Convenient location near NJ Turnpike and Routes 9, 18, and 35.

Property Analytics

Current Use

Emergency Management Government Office

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Catering Service Tech Support Center Electrical Service Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

933
Businesses Nearby

Demographics for 08882, NJ

16,118
Population
5,789
Households
2.8
Avg Household Size
39
Median Age
31%
College-Educated
86%
High-School Grad
2.8 sq mi
ZIP Area
5,756
Density / Sq Mi
$101,853
Median Household Income
$51,323
Median Earnings
$1,599
Median Rent
$382,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Land - 2.04 acre development site approved for multi-story, mixed use.
Where is this land located?
The property is located at 85 Prospect Street South River, NJ.
What is the asking price?
The asking price for this property is $2,650,000.
What are key features of this property?
This property features: Approved for multi‑story, mixed‑use development on ±2.04 acres.; Includes two buildings: a multi‑story building with retail and 36 two‑bedroom apartments, and a separate ±1,691 SF retail building.; Convenient location near NJ Turnpike and Routes 9, 18, and 35.
More about this property
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