Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    904 South River Rd Monroe Township, NJ 08831

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    1,281,000 SF warehouse space available for lease.

    We can help!

    Listing Contact
    Andrew Green
    Andrew Green
    Source: Cbre

    Listing Agent: Andrew Green

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Monroe Township Warehouse Space

    This property offers 1,281,000 square feet of warehouse space with 7,775 square feet designated as office area. The building features a 40-foot clear ceiling height and is equipped with an ESFR sprinkler system. It includes 4 drive-in doors, each measuring 12 feet by 14 feet. The property provides ample parking with 143 trailer stalls and 521 car parking spaces. The electrical capacity is 4,000 amps.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon Gym & Fitness Center Daycare Center Skin Care Clinic Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Smart Warehouse & Logistics, GRM Document Management South Brunswick

    Location Insight

    • Map
    • Local Demand
    City
    Monroe Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4247
    Latitude
    40.3458

    Nearby Similar for Lease

    • $3,315 /Mo
      82,764 SF

      Retail/Office Space in Monroe Township

      1,530 SF retail/office space for lease in Monroe Township.
      393 Davidsons Mill Rd, Monroe Township, NJ 08831
      View Details
    • $1,600 /Mo
      156,380 SF

      Versatile Office Space in Williamstown

      Well-located office space with flexible layout and strong visibility.
      4268 S Black Horse Park, Williamstown, NJ 08094
      View Details
    • $1,300 /Mo
      156,380 SF

      Professional Office Space For Lease

      Functional office suite with kitchenette, bathroom, and high-traffic visibility.
      4268 S Black Horse Park Unit, Williamstown, NJ 08094
      View Details
    • $3,000 /Mo
      400,752 SF

      Versatile Commercial Space on Black Horse

      High-visibility commercial space ideal for retail, office, or service businesses.
      2037 S Black Horse Pike, Williamstown, NJ 08094
      View Details
    • $1.00 SF/Yr

      Retail Restaurant Building For Rent

      5,000 SF retail restaurant building constructed in 2015.
      1840 S Black Horse Pike, Williamstown, NJ 08094
      View Details
    • $3,315 /Mo

      Retail/Office Space in Shopping Center

      1,530 SF retail/office space available for lease.
      393 Davidsons Mill Rd, Monroe Township, NJ 08831
      View Details
    • Contact for pricing
      1,734 SF

      Medical Space Available for Rent

      Pre-built medical space available immediately in Monroe Township, NJ.
      294 Applegarth Rd, Monroe Township, NJ 08831
      View Details
    • Contact for pricing
      7,635 SF

      Monroe Township Office Space Available

      7,635 SF office space available for rent immediately.
      298 Applegarth Rd, Monroe Township, NJ 08831
      View Details
    • Contact for pricing
      1,750 SF

      Monroe Township Office Space Available

      1,750 SF office space perfect for medical or professional offices.
      239 Prospect Pln Rd, Monroe Township, NJ
      View Details
    • Contact for pricing
      59 SF

      Retail Space on Route 33

      Mixed-use development with retail and residential units on Route 33.
      402 Market St, Monroe Township, NJ
      View Details
    • Contact for pricing
      165,458 SF

      Industrial Space Near NJ Turnpike

      Available industrial space with convenient access to major highways.
      17 S Middlesex Ave, Monroe Township, NJ 08831
      View Details
    • Contact for pricing
      409,916 SF

      Industrial Space Available For Lease

      409,916 SF industrial space available for lease.
      265 Rhode Hall Rd, Monroe Township, NJ
      View Details

    FAQs

    What type of property is this?
    Warehouse - 1,281,000 SF warehouse space available for lease.
    Where is this warehouse located?
    The property is located at 904 South River Rd Monroe Township, NJ.
    What are key features of this property?
    This property features: - Extremely large building size: **1,281,000 SF Available**; - **40' Clear** high ceiling height; - Substantial car parking with 521 spaces
    (610) 405-9030
    Request Owner's contact information
    904 South River Rd Monroe Township, NJ 08831
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    904 South River Rd
    Monroe Township, NJ 08831
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    904 South River Rd Monroe Township, NJ 08831
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Andrew Green
    Andrew Green
    (610) 405-9030 (610) 251-0820 (610) 251-5183
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!