This exceptional 14.53-acre commercial land parcel presents a significant investment opportunity in Clinton Township, New Jersey. Strategically located on Route 22 East, with additional frontage on Main Street and Blossom Hill Road, this property boasts unparalleled visibility and accessibility. The C-ROM zoning allows for a diverse range of uses, including those permitted in the C-1 Commercial and ROM-3 districts, such as retail establishments, offices, restaurants, hotels, theaters, museums, breweries, and outdoor recreation facilities. Specific permitted uses are detailed in the Clinton Township zoning ordinances. The site offers approximately 1250 feet of frontage on Route 22 East, 1402 feet on Main Street, and 461 feet on Blossom Hill Road. A portion of the land lies within a floodway. Adding to the property's value are two existing billboards generating rental income. While potential water and sewer hookups exist, verification is the responsibility of the prospective buyer. This prime location and flexible zoning make this property ideal for a variety of development projects, offering substantial returns for the discerning investor. The asking price is $1,750,000.
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.