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Commercial Land Redevelopment Site
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Pending

65 Morristown Rd, Bernardsville, NJ 07924

Redevelopment-designated commercial property with an existing building and a plan supporting commercial and residential components.

Property SizeContact for details
Days on Market142

Property Features for 65 Morristown Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Silbert Realty & Management Company, Inc
Listed By: Brian S Silbert · License #NJ 8330532
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 1:53PM

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 Silbert Realty & Management Company, Inc

Investment Insights

Based on property information with market context.

This commercial land offering includes an approximately 0.42-acre parcel improved with a one-and-one-half-story commercial building formerly used as an auto dealership. The property has 155 feet of frontage along Morristown Road / Route 202 and includes an LSRP-issued Response Action Outcome (RAO).

Bernardsville designated the property as an Area In Need Of Redevelopment through a December 2019 resolution. An approved redevelopment plan for the site contemplates ground-level commercial space with apartments on the second and third floors. The plan is identified as “Redevelopment Plan 65 Morristown Road Blk 124 Lot 13 Bernardsville.”

Key Highlights

  • Approximately 0.42‑acre commercial land parcel
  • 155’ of frontage along Morristown Road / Route 202
  • One‑and‑one‑half‑story commercial building formerly used as an auto dealership

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store Building Supply Storage Facility Law Firm Restaurant

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

916
Businesses Nearby
102k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 38% Groceries 35% Shops & Services 19% Beauty & Spa 3%
ShopRite Groceries
35,799 visits/mo 0.1 miles
Chipotle Mexican Grill Dining
12,814 visits/mo 0.1 miles
Starbucks Dining
12,117 visits/mo 0.1 miles
Dunkin' Donuts Dining
8,639 visits/mo 0.2 miles
Exxon Shops & Services
6,819 visits/mo 0.4 miles

Demographics for 07924, NJ

7,650
Population
2,683
Households
2.9
Avg Household Size
41
Median Age
69%
College-Educated
93%
High-School Grad
12.0 sq mi
ZIP Area
638
Density / Sq Mi
$230,752
Median Household Income
$74,760
Median Earnings
$2,155
Median Rent
$733,800
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Commercial land - Redevelopment-designated commercial property with an existing building and a plan supporting commercial and residential components.
Where is this commercial land located?
The property is located at 65 Morristown Rd Bernardsville, NJ.
What are key features of this property?
This property features: Approximately 0.42‑acre commercial land parcel; 155’ of frontage along Morristown Road / Route 202; One‑and‑one‑half‑story commercial building formerly used as an auto dealership
(908) 604-6900 Call to check price and availability
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