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Property profile & analytics
OFF-MARKET
Commercial real estate

165 Munro Ave Hazlet, NJ 07734

Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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