723 RT-57, Greenwich Township, NJ 08886
9.5 acres with commercial and agricultural zoning, two buildings.
- Added:
- Jan 25, 2023
- Days on Market:
- 1236
- Last Refresh:
- May 19 at 10:28 pm
Property Features for 723 RT-57
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Lot size
- 9.50 Acres
- Property subtype
- Retail, Land
Listing agent Joe Paranee License #RB068724
Listing office Paranee Property Management
Listing date Jan 25, 2023
Source Crexi
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 Paranee Property Management
HighLights
- Total of 9.5 acres of land, with 4.5 acres commercially zoned and an additional 5 acres agriculturally zoned.
- Located on Rt 57 in Stewartsville, NJ, providing excellent access to major highways (78, 22, 519, 31).
- 10,000 +/- sq ft building with roll‑up door access.
- 500+ feet of road frontage.
- Includes a 5,000 +/- sq ft steel building.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $180.0k | $18.00 |
| − Vacancy | −$7.6k | −$0.76 |
| EGI | $172.4k | $17.24 |
| − OpEx | −$51.7k | −$5.17 |
| NOI | $120.7k | $12.07 |
Alternative Uses
Current Use by Public Records
Map
- City
- Greenwich Township
- County
- Cumberland
- State
- New Jersey
- Longitude
- -75.104
- Latitude
- 40.6886
