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    1451 Nj-18 Old Bridge, NJ 08857

    For Lease
    Contact for pricing

    Prime Retail Space, High Visibility, New Construction

    Lot size:
    9,156 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 1,247 square foot retail space is situated in Old Bridge, NJ, at 1451 Route 18. The property boasts a highly desirable location with over 300 feet of frontage on Route 18, ensuring maximum visibility for potential businesses. A freestanding pylon sign further enhances visibility to both northbound and southbound traffic. Its strategic location near a Walmart Supercenter provides significant foot traffic and convenient access for customers. The area benefits from a robust daytime population, significantly boosted by the proximity of Hackensack Meridian Health, employing over 2,200 individuals less than a mile away. Easy ingress and egress are facilitated by Route 18, with a crossover return to Route 18 North within 1,500 feet. The surrounding area is experiencing substantial residential growth, with over 700 new units expected within a 3-mile radius, creating a strong potential customer base for a variety of businesses. The property is ideally suited for restaurants, coffee shops, bakeries, salons, or dry cleaners. The total building size is 9,156 square feet, and this space is a single-tenant unit within a new construction building in Middlesex County. This presents a unique opportunity for businesses seeking high visibility and a strong customer base in a rapidly growing area.

    Property Features for 1451 Nj-18

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,156 SF

    Unit(s) available at that property

    Space
    Size
    1,247 SF

    HighLights

    • High‑visibility, new construction retail space totaling 1,247 square feet, with approximately 300 feet of frontage on Route 18.
    • Excellent location near Walmart Supercenter.
    • Strong daytime population due to proximity to Hackensack Meridian Health, employing over 2,200 people.
    • Convenient ingress/egress to Route 18.
    • Significant residential growth (700+ units) within a 3‑mile radius.
    • Ideal for restaurant, coffee shop, bakery, salon, or dry cleaner.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Old Bridge
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.337753
    Latitude
    40.3895983

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    FAQs

    What type of property is this?
    Restaurant - Prime Retail Space, High Visibility, New Construction
    Where is this restaurant located?
    The property is located at 1451 Nj-18 Old Bridge, NJ.
    What are key features of this property?
    This property features: High-visibility, new construction retail space totaling 1,247 square feet, with approximately 300 feet of frontage on Route 18.; Excellent location near Walmart Supercenter.; Strong daytime population due to proximity to Hackensack Meridian Health, employing over 2,200 people.
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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
    1451 Nj-18 Old Bridge, NJ 08857
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