Property profile

952 State Rte 33 Hwy Monroe Township, NJ 08831

OFF-MARKET
Specialty properties
Built 1932
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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

Location

952 State Rte 33 Hwy Monroe Township, NJ 08831
Monroe Township metro
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Value estimations

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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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