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

770 ROUTE 40, Elmer, NJ 08343

Commercial Sale, ELMER, NJ

Property SizeContact for details
Lot Size8.36 Acres
Days on Market1709

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: Oct 20 Last Checked: Oct 21 at 10:06AM
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.

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Investment Insights

Based on property information with market context.

The 8.36-acre commercial parcel includes an approximately 34,000-square-foot block building constructed in 1950. The building has forced-air heating, central air conditioning, and a parking lot. Multiple curb cuts are also noted.

The property fronts Routes 40 and 77 in Salem County, with Routes 45 and 55 identified as surrounding regional routes.

Key Highlights

  • 8.36‑acre commercial land parcel
  • Approximately 34,000 SF existing building
  • Frontage on Routes 40 and 77; Routes 45 and 55 are also identified nearby

Property Analytics

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Current Use

Commercial land

Suggested Use

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

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

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

Frequently Asked Questions

What type of property is this?
Commercial land - An existing commercial building, paved parking area, and multiple curb cuts accompany the development parcel.
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: 8.36‑acre commercial land parcel; Approximately 34,000 SF existing building; Frontage on Routes 40 and 77; Routes 45 and 55 are also identified nearby
More about this property
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