Property profile

1052 St Georges Ave Woodbridge Township, NJ 07001

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional commercial land parcel presents a rare development opportunity in Avenel, New Jersey. Located at 1052-1056 St Georges Avenue, this 25,965 square foot lot boasts a highly desirable B-3 Highway Business Zone designation, allowing for a wide range of commercial uses. The property's strategic position along Route 35 ensures unparalleled visibility and accessibility, with an estimated 25,000 vehicles passing daily. This high-traffic location is further enhanced by two street frontages and convenient curb cuts, optimizing access and potential for development. The property's proximity to major thoroughfares, including Route 1 and Route 9 (less than 0.2 miles away), provides excellent connectivity and enhances its overall appeal to potential tenants and businesses. The site is situated among numerous national retailers, creating a strong synergy and established commercial environment. This is a unique chance to capitalize on a prime location and build a thriving commercial venture. The asking price for this exceptional property is $1,800,000. Approved uses include new retail development, making this a truly compelling investment opportunity. The lot is situated just two lots away from other new retail developments.

Property profile

Verified
Property type Land

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1052 St Georges Ave Woodbridge Township, NJ 07001
Woodbridge Township metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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