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Business Park Development Parcel
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1950 Rutgers University Blvd., Lakewood, NJ 08701

M1-zoned parcel offered for a proposed office/flex building partnership.

Property SizeContact for details
Days on Market99

Property Features for 1950 Rutgers University Blvd.

General Information

Standard status Active
Property subtype Land
Zoning M1
Investment Type Redevelopment
Listing Agency: Kassin Sabbagh Realty
Listed By: Emil Shabot · License #NJ
Source: Crexi
Added: May 27 Changed: Aug 31 Last Checked: Aug 31 at 3:54AM

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 Kassin Sabbagh Realty

Investment Insights

Based on property information with market context.

This 3.38-acre commercial land parcel is located within Lakewood Business Park and is zoned M1. The offering contemplates a joint venture with the landowner for development of a new office/flex building, with a stated maximum buildout potential ranging from 3 to 8 floors.

The property is at 1950 Rutgers University Blvd. in Lakewood, New Jersey, within Ocean County. Regional access is supported by proximity to the Garden State Parkway and Route 9. The business park includes companies in manufacturing, logistics, wholesale distribution, and service industries, providing an established commercial setting for a future office or flex development.

Key Highlights

  • 3.38‑acre commercial land parcel
  • M1 zoning
  • Proposed office/flex building development

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Locksmith Nail Salon Skin Care Clinic

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

503
Businesses Nearby

Demographics for 08701, NJ

135,256
Population
33,539
Households
4
Avg Household Size
20
Median Age
33%
College-Educated
91%
High-School Grad
24.7 sq mi
ZIP Area
5,476
Density / Sq Mi
$62,811
Median Household Income
$34,970
Median Earnings
$1,701
Median Rent
$430,700
Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - M1-zoned parcel offered for a proposed office/flex building partnership.
Where is this commercial land located?
The property is located at 1950 Rutgers University Blvd. Lakewood, NJ.
What are key features of this property?
This property features: 3.38‑acre commercial land parcel; M1 zoning; Proposed office/flex building development
(917) 669-4493 Call to check price and availability
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