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    1701 Us-22 Watchung, NJ

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    For Lease
    Contact for pricing

    Retail space in a high-traffic, redeveloped shopping center.

    Property size:
    1,066 SF
    Lot size:
    50.22 Acres

    Property Features for 1701 Us-22

    General Information

    Size
    1,066 SF
    Lot size
    50.22 Acres

    Source: Levin Management - Corporate Agent E.J. Moawad

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

    Overview

    Prime Retail Space on Route 22

    Located within the Blue Star Shopping Center, which is undergoing a $12 million redevelopment to enhance its 419,935 square feet, this retail space offers a prime location in a thriving retail corridor. The shopping center, a long-time Somerset County hub with 2.8 million annual visits, is centrally located with easy access to major highways, including US 22 and I-78. The location on Route 22 ensures high visibility and accessibility. Modern infrastructure upgrades are underway, including updated facades, inviting common areas, landscaping, and EV charging stations. A new 72,000 square foot ShopRite is under construction, while the existing store remains open. Multiple leases are pending, including a new restaurant on the pad site. Pylon signage is available to maximize visibility on Route 22. The available space is 1,066 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Similar Places Nearby

    Quick-Tag, Bed And Bath, Greenbrook Commons, Watchung Square, Coinstar Kiosk | Bitcoin ATM

    Map

    City
    Watchung
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4509863
    Latitude
    40.63788

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    FAQs

    What type of property is this?
    Shopping center - Retail space in a high-traffic, redeveloped shopping center.
    Where is this shopping center located?
    The property is located at 1701 Us-22 Watchung, NJ.
    What are key features of this property?
    This property features: - Anchored by a new 72,000 SF ShopRite with prime US 22 frontage.; - $12M Redevelopment Investment enhancing the 419,935 SF Blue Star Shopping Center.; - Located on Route 22, a thriving retail corridor experiencing significant growth.
    (800) 488-0768
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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
    1701 Us-22 Watchung, NJ
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