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    1288 Us-22 Bridgewater Township, NJ 08807

    Sponsored
    For Sale
    Contact for pricing

    High-traffic retail land, 10,934 SF, fully approved.

    Property size:
    10,934 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1.5-acre commercial property, located at 1288-1298 Route 22 in Bridgewater Township, Somerset County, New Jersey (zip code 08807), offers 10,934 square feet of retail space. The property is zoned HIC Highway Interchange, providing unparalleled visibility and accessibility. Direct access is available via a dedicated curb cut from Route 22, ensuring convenient ingress and egress for customers and employees. Furthermore, access to Route 27 is easily achieved via Morgan Lane. This site boasts comprehensive approvals, including municipal site plan approval, treatment works approval from the Department of Environmental Protection (for sewer), a DOT permit, Somerset County Planning Board approval, and approvals from the Somerset-Union Soil Conservation District. Utility services are confirmed with "Will Serve" letters from PSE&G (for electricity and gas) and NJ American Water. The property is fully approved for the development of a daycare center, including a large fenced-in play area, making it an ideal investment opportunity for developers or entrepreneurs seeking a turnkey project in a prime location. The property's strategic location and extensive approvals significantly reduce development timelines and associated costs. This is a rare opportunity to acquire a fully permitted commercial site in a high-demand area.

    Property Features for 1288 Us-22

    General Information

    Property type
    Land
    Square Feet
    10,934 SF
    Lot Size
    65,340 SF

    HighLights

    • Direct access to Route 22 via dedicated curb cut.
    • Access to Route 27 via Morgan Lane.
    • Fully approved for daycare center development with large fenced play area; approvals include municipal site plan, DEP sewer, DOT permit, Somerset County Planning Board, and Soil Conservation District; utility approvals from PSE&G and NJ American Water.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bridgewater Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5785234
    Latitude
    40.5764776

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    FAQs

    What type of property is this?
    Land - High-traffic retail land, 10,934 SF, fully approved.
    Where is this land located?
    The property is located at 1288 Us-22 Bridgewater Township, NJ.
    What are key features of this property?
    This property features: Direct access to Route 22 via dedicated curb cut.; Access to Route 27 via Morgan Lane.; Fully approved for daycare center development with large fenced play area; approvals include municipal site plan, DEP sewer, DOT permit, Somerset County Planning Board, and Soil Conservation District; utility approvals from PSE&G and NJ American Water.
    Request Owner's contact information
    1288 Us-22 Bridgewater Township, NJ 08807
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    Bridgewater Township, NJ 08807
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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
    1288 Us-22 Bridgewater Township, NJ 08807
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