Technical
Financial
Distress signals
Property profile

1333 Us Highway 1 Avenel, NJ 07001

OFF-MARKET
Land
1.1 ac lot
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Property summary

AI-generated overview

This exceptional 1.1-acre commercial land parcel, located at 1333 US Highway 1 in Woodbridge Township, Middlesex County, New Jersey (zip code 07001), presents a unique redevelopment opportunity. Currently utilized as a salvage yard, the property boasts a highly desirable Zoned Redevelopment designation, opening doors to a wide array of potential uses. Permitted conditional uses include, but are not limited to, gas stations, auto service and repair garages, auto sales and service centers, used car lots, landscaping businesses, trailer sales, car washes, and eating establishments. The site's strategic location at a major intersection provides excellent visibility and accessibility, with four curb cuts (two directly on Route 1) ensuring convenient ingress and egress. The property's proximity to numerous big-box retailers, multinational corporations, and industrial distribution warehouse centers further enhances its investment appeal. The seller is willing to contribute to site preparation, including tree removal, milling, paving, and fencing. The 2023 property tax assessment was $22,718.36. This is a rare chance to acquire a well-positioned commercial lot in a thriving New Jersey market. Contact us today to discuss pricing and explore the possibilities. The property is identified as Block 898, Lot 45.

Property profile

Verified
Property type Land
Lot 1.1 ac (47,916 SF)

Cap rate & NOI

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

Location

1333 Us Highway 1 Avenel, NJ 07001
Avenel 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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