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    251 Hwy, Unit 22 Green Brook, NJ

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    For Lease
    $20 SF/Yr ($12,666 /Mo)

    High-visibility retail/medical building for lease on Route 22.

    Property size:
    7,600 SF
    Lot size:
    0.64 Acres

    Property Features for 251 Hwy

    General Information

    Size
    7,600 SF
    Lot size
    0.64 Acres

    Source: Sitar Realty Company - Corporate Agent Robert A. Giordano

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

    Overview

    Route 22 Retail/Medical Opportunity

    This retail/medical building is available for lease and is situated along a busy highway in Green Brook, New Jersey. The location is surrounded by residential neighborhoods and businesses, along with national retailers. Located on U.S. Route 22 Eastbound, the property benefits from high visibility and accessibility. Nearby retailers include Walgreens, Costco, Target, and Home Depot. The property is zoned RHC (Regional Highway Commercial District), with permitted uses including business offices, car washes, auto sales, service stations, QSR, and hotels. The location offers excellent highway exposure and is available for immediate occupancy. The property has a high traffic count of approximately 42,005 vehicles per day and features prime signage on Route 22. The property has 130 feet of frontage on Route 22 East and an irregular lot size of 130 feet by 219 feet. Real estate taxes were $24,354 in 2024. The tenant is responsible for real estate taxes, insurance, and utilities. The property is located next to a Walgreens pharmacy and has a total size of 7,600 square feet.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Green Brook
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4851659
    Latitude
    40.6049167

    Nearby Similar for Lease

    • Contact for pricing
      4,000 SF

      Retail Space For Lease

      Retail and shopping center spaces available for lease.
      293 Rte 22 E, Green Brook, NJ
      View Details

    FAQs

    What type of property is this?
    Retail space - High-visibility retail/medical building for lease on Route 22.
    Where is this retail space located?
    The property is located at 251 Hwy, Unit 22 Green Brook, NJ.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High traffic count of ±42,005 VPD; - Excellent highway exposure on U.S. Route 22 Eastbound; - Located next to Walgreens pharmacy
    (732) 283-9000
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    Green Brook, NJ
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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
    251 Hwy, Unit 22 Green Brook, NJ
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