Property Details for Butcher Rd

Year built

1934

Lot size

5.00 lot acres

Property type

Commercial real estate

Description

This exceptional 6.4-acre commercial property in Monroe, NJ, presents a unique investment opportunity. Strategically located at the intersection of Route 33 and Applegarth/Butcher Road, it offers unparalleled access to major transportation arteries, including the NJ Turnpike (Exit 8), Routes 130 & 9, and easy commutes to NYC, Philadelphia, and the Jersey Shore. The Route 33 corridor is experiencing significant growth, with numerous large-scale industrial, residential, and retail developments underway. The property boasts a highly desirable H-D Highway Development District zoning, allowing for a wide range of uses, including business and professional offices, shopping centers, auto sales, wholesale/distribution, data processing, restaurants, medical facilities, hotels/motels, and limited development parks. The mostly cleared, level, and dry land (buyer to verify wetlands) comprises two parcels – a 1.4-acre parcel and a 5-acre parcel – totaling 6.4 acres with 650 feet of frontage on Butcher Road. Currently featuring two residential homes and several storage buildings, the property is ideally suited for large-scale distribution warehouses (potentially up to 200,000 square feet, subject to buyer's evaluation), smaller warehouses for equipment/vehicle storage, a large residential home with business operations, a medical office building, a hotel/motel, or a commercial recreation center. Real estate taxes are $17,642 annually. The asking price for both lots is $2,950,000.

Location Insight

City

Monroe

County

Middlesex

State

New Jersey

Longitude

-74.4715

Latitude

40.2535