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    1030 State Route 36 Hazlet, NJ 07730

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    For Lease
    Contact for pricing

    Redevelopment site with high visibility and flexible configurations.

    Property size:
    4,185 SF
    Lot size:
    9.54 Acres

    Property Features for 1030 State Route 36

    General Information

    Size
    4,185 SF
    Lot size
    9.54 Acres

    Source: Pierson Commercial Real Estate Agent Ryan Starkman, MBA

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

    Overview

    Retail Opportunity on Route 36

    This retail opportunity is part of the redevelopment of a former ShopRite site, which will include a large self-storage facility. The site offers multiple sizes and configurations and can accommodate a drive-thru. It is located along Route 36, benefiting from high visibility and traffic of over 41,000 vehicles per day. The surrounding area has strong incomes, north of $100,000, and good population density. The Route 36 retail corridor has experienced considerable growth.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hazlet
    County
    Monmouth
    State
    New Jersey
    Longitude
    -74.17471
    Latitude
    40.436752

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    FAQs

    What type of property is this?
    Retail space - Redevelopment site with high visibility and flexible configurations.
    Where is this retail space located?
    The property is located at 1030 State Route 36 Hazlet, NJ.
    What are key features of this property?
    This property features: - Highly visible pad site along Route 36 with over 41,000 vehicles per day.; - Strong incomes north of $100,000 in the surrounding area.; - Redevelopment of former ShopRite site includes retail opportunity.
    (732) 707-6900
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    1030 State Route 36 Hazlet, NJ 07730
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    Hazlet, NJ 07730
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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
    1030 State Route 36 Hazlet, NJ 07730
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