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B2 Mixed-Use Development Land
For Sale
$625,000

216 Main Street, Metuchen, NJ 08840

Commercial Sale, Metuchen, NJ

Property SizeContact for details
Lot Size0.11 Acres
Days on Market159

Property Features for 216 Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning B2
Parking 2
Parking features On Street, Open
Lot features Near Public Transit, Near Shopping, Near Train
Directions South End Of Main Street
Standard status Active
APN 09002080000000550002
Size 10 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 11963

Utilities

Sewer type Public Sewer
Heating system Baseboard, Electric (Heating)
Cooling system Window Unit(s), Central Air
Water source Public

Building Details

Floors in Building 2
Number of units 1
Flooring type Laminate, Wood
Building materials Brick, Vinyl Siding
Roof type Flat, Asphalt
Listing Agency: KELLER WILLIAMS ELITE REALTORS · Keller Williams Realty
Listed By: Sherry Tamasco
Added: May 1 Changed: Sep 12 Last Checked: Oct 6 at 5:06PM
MLS# 2614924R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 0.114-acre commercial land parcel includes an existing structure identified for removal and is being offered with the improvements in as-is condition. The property’s value is positioned in the land, with the B2 zoning district allowing consideration of commercial and residential uses subject to town zoning requirements.

The site is located at 216 Main Street in Metuchen, NJ 08840, within the downtown area. Public water and public sewer serve the property. The existing building includes brick and vinyl siding, a flat asphalt roof, laminate and wood flooring, electric baseboard heat, and a combination of central air and window-unit cooling.

The property information contemplates a 2-3 story redevelopment with ground-floor retail and 2-4 residential units above, subject to applicable approvals. On-street and open parking are listed among the existing parking features.

Key Highlights

  • 0.114‑acre commercial land parcel at 216 Main Street, Metuchen, NJ 08840
  • B2 zoning with commercial and residential use potential subject to town zoning
  • Existing structure offered strictly as‑is and identified for removal

Property Analytics

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Current Use

FedEx Drop Box Postal Service

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Nursing Home Discount Store Grocery & Convenience Store Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,697
Businesses Nearby
95k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 55% Dining 19% Shops & Services 16% Beauty & Spa 6%
Whole Foods Market Groceries
51,754 visits/mo 0.4 miles
Chipotle Mexican Grill Dining
12,729 visits/mo 0.5 miles
Wells Fargo Shops & Services
7,172 visits/mo 0.4 miles
Cinnaholic Dining
3,215 visits/mo 0.4 miles
Banfield Pet Hospital Shops & Services
3,162 visits/mo 0.5 miles

Demographics for 08840, NJ

17,841
Population
6,552
Households
2.7
Avg Household Size
42
Median Age
62%
College-Educated
95%
High-School Grad
3.2 sq mi
ZIP Area
5,575
Density / Sq Mi
$150,938
Median Household Income
$72,765
Median Earnings
$1,994
Median Rent
$517,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - B2-zoned parcel with an existing structure sold as-is for redevelopment.
Where is this commercial land located?
The property is located at 216 Main Street Metuchen, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 0.114‑acre commercial land parcel at 216 Main Street, Metuchen, NJ 08840; B2 zoning with commercial and residential use potential subject to town zoning; Existing structure offered strictly as‑is and identified for removal
More about this property
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