1475 Hwy 1 Hwy Edison, NJ 08837
This exceptional commercial land parcel, priced at $3,200,000, presents a compelling investment opportunity. Located at 1475 U.S. Highway 1 in Edison, New Jersey (zip code 08837), this 0.66-acre property enjoys a highly visible position directly on the heavily trafficked Route 1 South. Its advantageous location offers excellent exposure and accessibility. The property's rear boundary abuts Lafayette Road, providing convenient access to the Menlo Park Mall. This prime location is surrounded by numerous franchises and is close to the North Edison Oak Tree Road and Iselin shopping district. The property currently includes a diner building, which is being sold "as is" with the land; the seller will not make any repairs. Note that the diner experienced a minor kitchen fire, contained to the cooking line. This presents a unique chance for redevelopment or repurposing in a high-demand area. The motivated seller is seeking a quick sale, making this a truly exceptional opportunity for discerning investors. The property is ready for immediate showings.
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
Similar Nearby for Sale
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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.