Listing Agency: CBRE | Saddle Brook s***@cbre.com Show Phone

Listed By: Stephen D'Amato

Source: Moodyscre

Added: Feb 20 Changed: Jul 30 Last Checked: Aug 4 at 1:37PM

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Investment Insights

Based on property information with market context.

Industrial land with a build-to-spec opportunity, offered as a flexible site for development. The property comprises 22,500 SF and is positioned for users looking for a site that can be tailored through the build process.

The site is located immediately off Route 287, providing straightforward regional access. The address is 331 Rte 202, Montville, NJ 07045.

Key Highlights

• 22,500 SF industrial land site
• Build‑to‑spec opportunity
• Located immediately off Route 287

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick Restaurant Big Box & Wholesale Store Law Firm Pharmacy Spa & Massage Center 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

300

Businesses Nearby

Explore this area Business Placement

Demographics for 07045, NJ

10,573

Population

3,707

Households

2.9

Avg Household Size

48

Median Age

68%

College-Educated

96%

High-School Grad

6.6 sq mi

ZIP Area

1,602

Density / Sq Mi

$179,279

Median Household Income

$84,375

Median Earnings

$3,501

Median Rent

$647,200

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

Questions? Ask Rey

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What type of property is this? Where is this industrial land located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Industrial land - Industrial land opportunity built to spec, located immediately off Route 287 in Montville, NJ.

Where is this industrial land located?

The property is located at 331 Rte 202 Montville, NJ.

What are key features of this property?

This property features: 22,500 SF industrial land site; Build‑to‑spec opportunity; Located immediately off Route 287