Mixed-Use Redevelopment
For Sale
$625,000
216 Main St, Metuchen, NJ 08840
Mixed-use property in a B2 zoning district, suited for redevelopment with retail space at grade and residences above.
Property Size10 SF
Price / SF$62,500
Days on Market128
Property Features for 216 Main St
General Information
Standard status
Active
Size
10 SF
Zoning
B2
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$11,963
Building Details
Stories
3
Listing Agency:
KELLER WILLIAMS ELITE REALTORS
(732) 549-1998
Listed By:
SHERRY TAMASCO
(908) 812-0200
Source:
Exprealty
Added: May 1
Changed: Aug 20
Last Checked: Sep 4 at 11:12AM
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 KELLER WILLIAMS ELITE REALTORS
Investment Insights
Based on property information with market context.
216 Main Street in Metuchen is a mixed-use redevelopment opportunity located in the B2 zoning district. The existing structure is described as best suited for redevelopment, creating a clean slate for redesign and construction. The site is positioned to support a development concept featuring ground-floor retail with multiple residential units above.
The property is sold strictly as-is, with no showings scheduled until 5/4. The remarks also note the site is free of oil tanks and that access to gas service is readily available, which may simplify certain future utility upgrades.
This offering is presented for buyers looking to develop a boutique mixed-use project within downtown Metuchen’s commercial/residential context, with the development scale described as a potential 2–3 story plan and 2–4 residential units above the ground floor.
The property is sold strictly as-is, with no showings scheduled until 5/4. The remarks also note the site is free of oil tanks and that access to gas service is readily available, which may simplify certain future utility upgrades.
This offering is presented for buyers looking to develop a boutique mixed-use project within downtown Metuchen’s commercial/residential context, with the development scale described as a potential 2–3 story plan and 2–4 residential units above the ground floor.
Key Highlights
- Mixed‑use property at 216 Main Street in Metuchen in the B2 zoning district
- Redevelopment site with retail space at grade and 2–4 residential units above
- Parcel supports a 2–3 story development concept for mixed‑use design and construction
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
1,697
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in a B2 zoning district, suited for redevelopment with retail space at grade and residences above.
Where is this mixed-use property located?
The property is located at 216 Main St 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: Mixed‑use property at 216 Main Street in Metuchen in the B2 zoning district; Redevelopment site with retail space at grade and 2–4 residential units above; Parcel supports a 2–3 story development concept for mixed‑use design and construction
