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Property profile & analytics
OFF-MARKET
Office Spaces

235 Prospect Plains Rd Monroe Township, NJ 08831

Built 1952
Property ID
Property summary
AI-generated overview

This exceptional 0.44-acre commercial property in Monroe Township, NJ, presents a unique investment opportunity. Located at 235 Prospect Plains Road, 08831, this single-story, 1952-built land parcel is zoned for office use and boasts preliminary approvals for a medical office, though the applicant must refile with the township. The property's strategic location offers unparalleled access to major transportation arteries, including the NJ Turnpike and Route 33, placing it within easy reach of a substantial population base. The area is home to eleven adult communities, as well as prominent medical facilities such as St. Peter's and RWJ centers, creating a high-demand market for professional services. Architectural plans are included in the sale, providing a solid foundation for development. Priced at $749,000, this offering represents a compelling chance to establish a thriving business in a prime location. The buyer is responsible for conducting their own due diligence. This is a rare opportunity to acquire a well-situated commercial property with significant potential for growth and profitability. The property's existing zoning and preliminary approvals streamline the development process, minimizing potential delays and maximizing return on investment. Don't miss this chance to secure a foothold in a thriving and highly sought-after market.

Property profile
Verified
Property type Office Spaces
Year built 1952
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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