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    1851 Black Horse Park Monroe, NJ 08094

    Sponsored
    For Sale
    $699,000

    3.95 Acres, High Visibility, Investment Opportunity

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 3.95-acre commercial land parcel presents a unique investment opportunity in Williamstown, New Jersey. Strategically located at 1851 S Black Horse Pike, the property boasts two convenient road frontages: 218 feet on Black Horse Pike and 37 feet on Malaga Road, ensuring high visibility and accessibility. Currently zoned residential, rezoning to commercial is anticipated to be straightforward, unlocking significant development potential. The property includes a single-family dwelling of approximately 1,900 square feet, currently leased. Tenants should not be disturbed. The primary value lies in the expansive land itself, making this an ideal site for a variety of commercial ventures. The property's address is 1851 S Black Horse Pike, Williamstown, NJ 08094, situated in Gloucester County. Its prime location offers exceptional exposure and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The asking price for this remarkable property is $699,000. This represents a compelling opportunity to acquire a substantial land holding in a desirable location with significant upside potential. Don't miss this chance to secure a piece of prime New Jersey commercial real estate.

    Property Features for 1851 Black Horse Park

    General Information

    Property type
    Land
    Lot Size
    172,062 SF

    HighLights

    • 3.95‑acre commercial land parcel in Williamstown, NJ.
    • Two road frontages: 218' on Black Horse Pike & 37' on Malaga Road.
    • Currently residentially zoned, but rezoning to commercial is expected to be easily approved.
    • Includes a 1,900 sq ft single‑family home with existing lease.
    • Asking price: $699,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Monroe
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.0158905
    Latitude
    39.7108422

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    FAQs

    What type of property is this?
    Land - 3.95 Acres, High Visibility, Investment Opportunity
    Where is this land located?
    The property is located at 1851 Black Horse Park Monroe, NJ.
    What is the asking price?
    The asking price for this property is $699,000.
    What are key features of this property?
    This property features: 3.95-acre commercial land parcel in Williamstown, NJ.; Two road frontages: 218' on Black Horse Pike & 37' on Malaga Road.; Currently residentially zoned, but rezoning to commercial is expected to be easily approved.
    Request Owner's contact information
    1851 Black Horse Park Monroe, NJ 08094
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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
    1851 Black Horse Park Monroe, NJ 08094
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