2740 Nj-42 Washington Township, NJ 08081
This exceptional 6,301 square foot executive office building, situated on a 0.561-acre lot in Washington Township, New Jersey (zip code 08081), presents a compelling investment opportunity. The property, zoned Highway Commercial (HC), boasts a highly desirable location, approximately 1/8 mile north of the Berlin-Cross Keys Road bypass intersection. Benefitting from direct left-turn access from Route 42 South, this building offers unparalleled visibility and accessibility. Currently owner-occupied, the sale allows for flexible delivery terms. The strategic location directly faces a planned 17-acre retail/mixed-use development, promising significant future growth and increased foot traffic. This prime location is surrounded by established retailers including Sam's Club, Home Depot, Edge Fitness, Dick's Sporting Goods, Petco, and Old Navy, ensuring high consumer traffic. The building is approximately 1.5 stories and is assessed at an estimated $19,197.81 in 2024 property taxes. This is a rare chance to acquire a well-positioned commercial property with excellent growth potential in a thriving retail corridor. The property is identified as Block 109, lots 13.02.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.