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Commercial Land With Building
For Sale
Under Contract
$2,600,000

770 ROUTE 40, Elmer, NJ 08343

Commercial Sale, ELMER, NJ

Property Size34,000 SF
Lot Size8.36 Acres
Price / SF$76.47
Days on Market1681

Property Features for 770 ROUTE 40

General Information

Property type Other
Property subtype Retail
Parking 75
Parking features Parking Lot
Subdivision NONE AVAILABLE
Elementary school district UPPER PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
Middle school district UPPER PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
High school district UPPER PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
Standard status Active Under Contract
Lot size 8.36 Acres

Taxes and HOA fees

Tax Annual Amount 21952

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Year built 1950
Building materials Block, Mixed Plumbing
Listing Agency: Axon Real Estate
Listed By: Giacomo R Reggente · License #227673
Added: Feb 15, 2022 Changed: Sep 3 Last Checked: Sep 23 at 6:06AM
MLS# NJSA2002940

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This commercial land offering includes an approximately 34,000 SF building constructed in 1950. The improvements feature block construction, forced-air heating, central air, and a dedicated parking lot. The site also provides multiple curb cuts and room for additional development, with the physical layout accommodating trailer turnaround needs.

Positioned along Route 40 and Route 77 in Elmer, the property sits between Routes 45 and 55 and is near Dunkin Donuts, Wawa, and Point 40 Diner. The location offers highway access and exposure to surrounding Salem County traffic patterns. The address is 770 Route 40, Elmer, NJ 08343.

Key Highlights

  • Approximately 34,000 SF building on commercial land
  • 8.36‑acre parcel at 770 Route 40, Elmer, NJ 08343
  • Located along Routes 40 and 77, between Routes 45 and 55

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Pet Grooming Service Auto Repair Shop Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby
30k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 71% Dining 29%
Wawa Shops & Services
21,410 visits/mo 0.2 miles
Dunkin' Donuts Dining
8,576 visits/mo 0.0 miles

Demographics for 08343, NJ

4,810
Population
1,561
Households
3.1
Avg Household Size
44
Median Age
36%
College-Educated
89%
High-School Grad
32.3 sq mi
ZIP Area
149
Density / Sq Mi
$143,561
Median Household Income
$57,585
Median Earnings
$1,625
Median Rent
$324,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Improved highway-oriented site with an approximately 34,000-square-foot building, parking lot, and development capacity.
Where is this commercial land located?
The property is located at 770 ROUTE 40 Elmer, NJ.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Approximately 34,000 SF building on commercial land; 8.36‑acre parcel at 770 Route 40, Elmer, NJ 08343; Located along Routes 40 and 77, between Routes 45 and 55
More about this property
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