Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    33 And Joan Warren Way Monroe Township, NJ 08831

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Monroe Township Retail Opportunity

    Lot size:
    11,000 SF

    Property Features for 33 And Joan Warren Way

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,000 SF

    Spaces For Lease

    at 33 And Joan Warren Way, Monroe Township, NJ 08831 Contact us

    We can help!

    Listing Contact
    Gregg Medvin
    Gregg Medvin

    Listing Agent: Gregg Medvin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional retail property, Monroe Crossing, located at the high-traffic intersection of Route 33 and Joan Warren Way in Monroe Township, New Jersey (08831), offers 11,000 square feet of commercial space ideal for multiple tenants. Currently, there are two suites available, with a maximum contiguous space of 6,189 square feet and a minimum divisible space of 1,981 square feet. A significant 6,189 square feet is currently vacant, presenting a unique opportunity for a single large tenant or multiple smaller businesses. The property's mixed-use zoning allows for a variety of retail and restaurant concepts. Its strategic location in Middlesex County provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers. This property is perfect for businesses seeking a prominent location in a thriving community. The building's layout is adaptable to suit diverse business needs, offering flexibility for customization and tenant improvements. This is a rare opportunity to secure prime retail space in a high-demand area. Don't miss out on this chance to establish your business in a vibrant and accessible location. Contact us today to learn more about leasing options and explore the possibilities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe Township
    County
    Middlesex
    State
    New Jersey
    Longitude
    -74.4767142
    Latitude
    40.2676404

    Nearby Similar for Lease

    • $3,315 /Mo
      82,764 SF

      Retail/Office Space in Monroe Township

      1,530 SF retail/office space for lease in Monroe Township.
      393 Davidsons Mill Rd, Monroe Township, NJ 08831
      View Details
    • $1,400 /Mo
      91,040 SF

      Professional Office Units with Basements

      Affordable office units with parking in a well-maintained complex.
      375 N Main St, Williamstown, NJ 08094
      View Details
    • $3,000 /Mo
      400,752 SF

      Versatile Commercial Space on Black Horse

      High-visibility commercial space ideal for retail, office, or service businesses.
      2037 S Black Horse Pike, Williamstown, NJ 08094
      View Details
    • $1,400 /Mo
      91,040 SF

      Affordable Office Units with Basements

      Well-maintained office units with basements and ample parking.
      375 N Main St, Williamstown, NJ 08094
      View Details
    • $1,300 /Mo
      156,380 SF

      Professional Office Space For Lease

      Functional office suite with kitchenette, bathroom, and high-traffic visibility.
      4268 S Black Horse Park Unit, Williamstown, NJ 08094
      View Details
    • $1,600 /Mo
      156,380 SF

      Versatile Office Space in Williamstown

      Well-located office space with flexible layout and strong visibility.
      4268 S Black Horse Park, Williamstown, NJ 08094
      View Details
    • $3,315 /Mo

      Retail/Office Space in Shopping Center

      1,530 SF retail/office space available for lease.
      393 Davidsons Mill Rd, Monroe Township, NJ 08831
      View Details
    • $1.00 SF/Yr

      Retail Restaurant Building For Rent

      5,000 SF retail restaurant building constructed in 2015.
      1840 S Black Horse Pike, Williamstown, NJ 08094
      View Details
    • Contact for pricing
      6,189 SF

      Retail Space in Mixed-Use Development

      Retail space available in mixed-use development along Route 33.
      200 Joan Warren Way, Monroe Township, NJ
      View Details
    • Contact for pricing

      Retail Space on Route 33

      Mixed-use development with retail and residential units on Route 33.
      402 Market St, Monroe Township, NJ
      View Details

    FAQs

    What type of property is this?
    Restaurant - Prime Monroe Township Retail Opportunity
    Where is this restaurant located?
    The property is located at 33 And Joan Warren Way Monroe Township, NJ.
    What are key features of this property?
    This property features: 11,000 SF retail building in Monroe Township, NJ (08831), at the high-traffic intersection of Route 33 and Joan Warren Way, with up to 6,189 SF available.; Excellent access to NJ Turnpike, Route 133, and Route 130 via Route 33.; Strong demographics: $118,000 median income within 3 miles and 72,000 daytime population within 5 miles.
    (732) 724-3962 Call to check price and availability
    Request Owner's contact information
    33 And Joan Warren Way Monroe Township, NJ 08831
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    33 And Joan Warren Way
    Monroe Township, NJ 08831
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    33 And Joan Warren Way Monroe Township, NJ 08831
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Gregg Medvin
    Gregg Medvin
    Real Estate License ID: 1223698
    (732) 724-3962
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!