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    Specialty properties

    952 State Rte 33 Hwy, Monroe Township, NJ 08831

    Built 1932
    Property ID
    Property summary
    AI-generated overview

    Exceptional investment opportunity: 1.77 acres of commercially zoned land in Monroe Township, NJ, situated on a highly visible section of Route 33, minutes from NJTP Exit 8. This property boasts a 3,150 sq ft, three-bay garage with multiple lifts, ideal for auto repair or similar businesses. Several additional smaller buildings provide ample storage for equipment, parts, and supplies. A fully renovated, four-bedroom, 1.5-bathroom residence is also included, offering potential for owner occupancy, employee housing, or rental income. The mostly paved and gravel lot provides extensive parking. Currently operating as an auto repair and towing business, the property's H-D Highway Development District zoning allows for a wide array of uses, including but not limited to: auto sales, fleet maintenance, contractors, landscaping, and more (buyer to verify permitted uses with the township). Annual real estate taxes are $12,102. The Route 33 corridor is experiencing significant growth, with new residential, commercial, and industrial developments underway. This prime location offers unparalleled visibility and access to major transportation routes. The property is mostly level, fenced, and secure. This is a rare opportunity to acquire a versatile commercial property with significant potential in a thriving market.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1932
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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