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    675 Rte 1 Woodbridge Township, NJ 08830

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, NJ.

    Lot size:
    410,788 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    The Plaza at Woodbridge, located at 675 Route 1 in Woodbridge Township, NJ 08830, presents a prime retail investment opportunity. This expansive open-air shopping center boasts a total of 410,788 square feet on a 28.7-acre lot, offering multiple tenancy options. Currently, there are 21,017 square feet of vacant space available, divisible into units as small as 1,700 square feet, with a maximum contiguous space of 19,317 square feet. The property features ample parking with 1,996 spaces, ensuring convenient access for customers. Strategically situated on Route 1, across from Woodbridge Mall and within two miles of Menlo Park Mall, this center benefits from exceptional visibility and high traffic volume. Its prime location at the intersection of major roadways, including the New Jersey Turnpike, Garden State Parkway, and Route 1, draws a large customer base from a wide area. Anchored by Best Buy and Raymour & Flanigan, The Plaza at Woodbridge is one of the most visited open-air shopping centers in the market, providing a strong foundation for new tenants. This Middlesex County property offers a unique chance to establish a presence in a thriving retail environment with a significant daily captive audience from the surrounding office market.

    Property Features for 675 Rte 1

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    410,788 SF

    Unit(s) available at that property

    Space
    Floor 02 suite aa
    Size
    19,317 SF
    Space
    Floor 01 suite 15a
    Size
    1,700 SF
    Space
    Available Space 16B
    Size
    1,240 SF

    HighLights

    • 410,788 square feet of total building area.
    • 28.7 acres of land.
    • 1,996 parking spaces.
    • 4.86 parking spaces per 1,000 square feet.
    • Power center retail center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Woodbridge Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.3076046
    Latitude
    40.5597769

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    FAQs

    What type of property is this?
    Retail property - High-traffic retail space, NJ.
    Where is this retail property located?
    The property is located at 675 Rte 1 Woodbridge Township, NJ.
    What are key features of this property?
    This property features: 410,788 square feet of total building area.; 28.7 acres of land.; 1,996 parking spaces.
    Request Owner's contact information
    675 Rte 1 Woodbridge Township, NJ 08830
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    Woodbridge Township, NJ 08830
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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
    675 Rte 1 Woodbridge Township, NJ 08830
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