950 State Rte 33 Hwy, Monroe Township, NJ 08831
This exceptional 3-acre commercial land parcel presents a unique investment opportunity along the rapidly developing Route 33 corridor in Monroe Township, New Jersey. Located within a designated Highway Development zone, this property offers unparalleled visibility and accessibility for a diverse range of commercial ventures. The asking price is $3,200,000. The property includes a 2-story, 1924-built single-family home, which could be utilized for rental income, office space, or living quarters, adding to the investment potential. Its strategic location on State Route 33 ensures high traffic volume and excellent exposure, making it ideal for retail, professional offices, or mixed-use developments. The property's zoning allows for a variety of development options, catering to a wide range of business needs. This prime location in Monroe Township, Middlesex County, NJ (zip code 08831) offers easy access to major transportation routes, making it a highly desirable location for businesses seeking strong visibility and convenient access for customers and employees. The property's address is 950 State Route 33 Highway. The coordinates are 40.266891 latitude and -74.4688425 longitude. This is a rare opportunity to acquire a significant commercial land parcel in a thriving area with substantial growth potential.
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
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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.