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    177 Washington Valley Rd Warren, NJ 07059

    • Super regional malls
    • 13.83 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US59-0238609
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • A & G Italian Fine Foods / Deli
    • Pro Nails / Nail Salon / Waxing Hair Removal Service
    • Coinstar Kiosk | Bitcoin ATM / Atm / Currency Exchange Service
    • Orangetheory Fitness / Gym / Personal Trainer
    • Jade Garden Chinese restaurant / Chinese Restaurant

    Property Details for 177 Washington Valley Rd

    Construction
    CONCRETE BLOCKS
    Lot size
    13.83 lot acres
    Zone code
    CB
    Property type
    Super regional malls
    APN
    20 00075-0000-00003- 03
    APU
    200007500000000303

    Description

    This exceptional 101,706 square foot medical office and retail property, located at 177 Washington Valley Road in Warren, New Jersey (Somerset County, zip code 07059), presents a unique investment opportunity. The property, known as Pheasant Run Plaza, sits on a generous 14.86-acre lot and offers ample parking with 544 spaces. The building is comprised of four suites, with a total of 101,706 square feet, currently featuring 8,400 square feet of vacant space available for lease. The minimum leasable space is 1,600 square feet, while the maximum contiguous space available is 3,200 square feet. The property's diverse tenant mix includes medical offices, anchored retail, a shopping center, food establishments, specialty fitness centers, and general retail businesses, creating a vibrant and thriving commercial environment. This prime location in Warren, NJ offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The property's versatile layout and ample parking make it an attractive option for businesses seeking a well-established and convenient location. Contact us today to learn more about this exceptional opportunity.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Warren
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.4966
    Latitude
    40.6153
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $326,464
    $5,927,500
    $11,192,500
    $17,120,000
    -
    $5,927,500
    $11,192,500
    $17,120,000

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    177 Washington Valley Rd
    Warren, NJ 07059
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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