Property profile

1475 Hwy 1 Hwy Edison, NJ 08837

OFF-MARKET
Land
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

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

1475 Hwy 1 Hwy Edison, NJ 08837
Edison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1475 Hwy 1 Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message