1022 Us Hwy 1 Hwy Woodbridge Township, NJ 07001
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.