165 Munro Ave Hazlet, NJ 07734
This exceptional commercial opportunity presents a 3,361 square foot property ideally situated on Highway 36 in Hazlet, NJ. Currently configured as a single-family home, this property sits on two combined lots (Lot 1 and Lot 1.01) offering ample off-street parking. The significant lot size provides substantial space for various commercial ventures, making it particularly suitable for businesses requiring extensive parking or outdoor storage, such as landscaping companies. The property's prime highway frontage ensures high visibility and accessibility, a key advantage for attracting customers. The building itself is sold "as-is," and any necessary approvals for commercial use from the township are the responsibility of the buyer. This presents a unique chance to acquire a well-located property with significant potential for redevelopment or repurposing. The seller is highly motivated, encouraging prompt consideration of all offers. The substantial size of the property, combined with its strategic location, makes this an attractive investment opportunity for a wide range of commercial enterprises. The existing structure offers a solid foundation for immediate use or future development, depending on the buyer's needs and vision. Don't miss this chance to secure a prime commercial location in a thriving area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.