Prime Commercial Development Opportunity
For Sale
$2,600,000
770 Route 40, Monroeville, NJ 08343
Major commercial development site on Routes 40 & 77 in Salem County.
Property Size34,000 SF
Lot Size8.36 Acres
Price / SF$76.47
Days on Market758
Property Features for 770 Route 40
General Information
Standard status
Active
Size
34,000 SF
Lot size
8.36 Acres
Taxes and HOA fees
Annual Taxes
$21,952
Listing Agency:
Axon Real Estate
(856) 332-6360
Listed By:
Giacomo R Reggente · License #227673
(856) 332-6360
Source:
Exprealty
Added: Jul 15, 2024
Changed: Aug 8
Last Checked: Jul 26 at 2:53PM
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 Axon Real Estate
Investment Insights
Based on property information with market context.
This commercial development opportunity is situated on two major routes, 40 and 77, in Salem County. The site is positioned near established businesses such as Dunkin Donuts, Wawa, and the Point 40 Diner. Located between Routes 45 and 55, the property benefits from high visibility and traffic. The site is suitable for various ventures, including national and local retail, restaurants, food and fuel service retailers, shopping centers, institutions, and auto dealerships. The existing structure is approximately 34,000 square feet and sits on 8.5 acres, offering room for expansion and development. It is also suitable for trucking, rigging, and hauling businesses, providing ample space for trailer turnarounds, multiple curb cuts, and highway access.
Key Highlights
- Prime commercial development site on two major routes (40 & 77) in Salem County.
- High visibility and traffic location between Routes 45 and 55.
- Located near established businesses like Dunkin Donuts, Wawa, and Point 40 Diner.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
59
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Major commercial development site on Routes 40 & 77 in Salem County.
Where is this commercial land located?
The property is located at 770 Route 40 Monroeville, 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: Prime commercial development site on two major routes (40 & 77) in Salem County.; High visibility and traffic location between Routes 45 and 55.; Located near established businesses like Dunkin Donuts, Wawa, and Point 40 Diner.
