0 Avenel St, Woodbridge Township, NJ 07001
This exceptional .69-acre commercial land parcel, located on Avenel Street in Woodbridge Township, Middlesex County, New Jersey (zip code 07001), presents a unique investment opportunity. Currently zoned B-3, this property offers a wide range of permitted uses, including general retail sales, bakeries, barber shops, offices, restaurants, liquor stores, auto supply stores, grocery stores, and medical facilities. Conditional uses also include churches, religious uses, and cultural centers, expanding the potential development options. A proposed development plan envisions a ±7,000-8,000 square foot strip plaza, although the buyer is currently pursuing all necessary approvals and reports. Any offer submitted will be contingent upon the successful acquisition of these approvals. The property's strategic location within Woodbridge Township provides excellent access to major transportation routes and a thriving local community. The 2024 property taxes are $8,183. This is an ideal site for developers seeking to capitalize on the high demand for commercial space in this dynamic area of New Jersey. Don't miss this chance to acquire a versatile and well-positioned commercial land parcel with significant development potential. Act quickly, as this opportunity is unlikely to last.
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.