Technical
Financial
Distress signals
Property profile

1022 Us Hwy 1 Hwy Woodbridge Township, NJ 07001

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 0.44-acre commercial land parcel presents a unique investment opportunity in the thriving Avenel section of Woodbridge Township, New Jersey. Strategically located on heavily trafficked US Highway 1, this corner lot boasts unparalleled visibility and accessibility, ensuring maximum exposure for any future development. Previously approved for a retail building of up to 3,200 square feet, this property offers significant potential for a variety of commercial uses, subject to Township approval. The site's prime location within the Route 1 Redevelopment area signifies its potential for substantial growth and return on investment. The asking price is $1,125,000. This is a land-only sale; a separate listing exists for leasing the property. The property's address is 1022 US Highway 1 Highway N, Avenel, NJ 07001. Given its location and prior approvals, this parcel represents a compelling opportunity for developers and investors seeking a high-impact commercial venture in a dynamic and rapidly developing area. Serious inquiries are encouraged. Note that the lot size is 0.44 acres.

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

1022 Us Hwy 1 Hwy Woodbridge Township, NJ 07001
Woodbridge Township metro
Google Maps

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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