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    723 Rt-57 Greenwich Township, NJ 08886

    For Sale
    $1,600,000

    Retail & Agricultural Land, Excellent Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 9.5-acre property in Greenwich Township, NJ, presents a rare investment opportunity. Strategically located on Route 57 in Stewartsville, NJ, this site boasts over 500 feet of road frontage and offers unparalleled access to major highways including Routes 78, 22, 519, and 31. The land is comprised of 4.5 acres zoned commercial and an additional 5 acres zoned agricultural, providing significant flexibility for development. Two existing buildings enhance the property's value. One building offers over 10,000 square feet of space, featuring convenient roll-up doors for easy access. The second building is a 5,000 square foot steel structure. The property's versatile zoning and prime location make it suitable for a wide range of commercial applications, presenting a unique chance to capitalize on its potential. The asking price is $1,600,000. The property's address is 723 RT-57, Greenwich Township, Warren County, NJ 08886. This is a truly remarkable opportunity to acquire a substantial piece of land with significant development potential in a highly desirable location.

    Property Features for 723 Rt-57

    General Information

    Property type
    Farms
    Lot Size
    413,820 SF

    HighLights

    • $1,600,000 asking price.
    • 9.5‑acre lot in Greenwich Township, NJ.
    • 4.5 acres commercially zoned, 5 acres agriculturally zoned.
    • 500+ feet of road frontage on RT 57 in Stewartsville, NJ.
    • Two existing buildings: one 10,000+ sq ft with roll‑up doors, and one 5,000+ sq ft steel building.
    • Excellent highway access (Routes 78, 22, 519, 31).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Greenwich Township
    County
    Warren
    State
    New Jersey
    Longitude
    -75.1201037
    Latitude
    40.7042922

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    FAQs

    What type of property is this?
    Farm - Retail & Agricultural Land, Excellent Location
    Where is this farm located?
    The property is located at 723 Rt-57 Greenwich Township, NJ.
    What is the asking price?
    The asking price for this property is $1,600,000.
    What are key features of this property?
    This property features: $1,600,000 asking price.; 9.5-acre lot in Greenwich Township, NJ.; 4.5 acres commercially zoned, 5 acres agriculturally zoned.
    Request Owner's contact information
    723 Rt-57 Greenwich Township, NJ 08886
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    Greenwich Township, NJ 08886
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    723 Rt-57 Greenwich Township, NJ 08886
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