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Route 33 Commercial Redevelopment Opportunity
For Sale
$1,200,000
Pending

320 State Route 33, Manalapan, NJ 07726

1.5-acre property with redevelopment potential and existing 2,900 SF building.

Property Size1,360 SF
Lot Size1.54 Acres
Days on Market167

Property Features for 320 State Route 33

General Information

Standard status Pending
Size 1,360 SF
Lot size 1.54 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $6,033

Amenities

Central air
Corner Lot
Central Air Cooling
Irregular Lot
On Site
Shingle Roof

Building Details

Year Built 1950
Listing Agency: ROMAN BALANDIN REALTY LLC
Listed By: ROMAN BALANDIN · License #1008501
Source: Corcoran
Added: Feb 24 Changed: Aug 8 Last Checked: Aug 8 at 6:10AM

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 ROMAN BALANDIN REALTY LLC

Investment Insights

Based on property information with market context.

This 1.50-acre commercial property on Route 33 presents a redevelopment opportunity. The site includes a 2,900 SF building and is zoned I-10 (Industrial/Commercial), which permits light manufacturing, warehousing, distribution, retail, office, restaurant, or studio uses. A new high-capacity septic system, valued at over $80,000, has been installed. Developers can build up to 19,600 SF (single-story) or over 39,000 SF (multi-story). The existing free-standing building features an open-plan interior, commercial tile flooring, high ceilings, and kitchen infrastructure. A large paved parking lot is available. The location offers high visibility with over 25,000 vehicles per day. Investors can generate income from the current structure while planning long-term redevelopment, with flexible zoning allowing for adaptation to the most profitable use. The property is located in an affluent area with high traffic.

Key Highlights

  • 1. 5‑acre property with I‑10 zoning, ideal for various uses.
  • Significant redevelopment potential: build up to 19,600 SF single‑story.
  • Existing 2,900 SF building suitable for immediate operation.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Dental Office Auto Repair Shop Hair Salon

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

107
Businesses Nearby
Balanced
Demand for This Use

Demographics for 07726, NJ

44,945
Population
16,822
Households
2.7
Avg Household Size
45
Median Age
55%
College-Educated
97%
High-School Grad
33.1 sq mi
ZIP Area
1,358
Density / Sq Mi
$145,625
Median Household Income
$75,503
Median Earnings
$1,973
Median Rent
$603,000
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - 1.5-acre property with redevelopment potential and existing 2,900 SF building.
Where is this flex space located?
The property is located at 320 State Route 33 Manalapan, NJ.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1. 5‑acre property with I‑10 zoning, ideal for various uses.; Significant redevelopment potential: build up to 19,600 SF single‑story.; Existing 2,900 SF building suitable for immediate operation.
More about this property
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