870 Malaga RdMonroe, NJ 08094

  • Other commercial real estate
  • 560 SF
For Sale
$4,950,000 View listing

Property Details for 870 Malaga Rd

Year built
2015
Construction
METAL FRAME
Lot size
6.90 AC
Property size (Sq ft)
560 SF
Property type
Other commercial real estate
APN
11 09801-0000-00007- 07
APU
110980100000000707

Description

This exceptional 110-acre property in Monroe, New Jersey, presents a turnkey opportunity to acquire a thriving winery business. The main winery building, constructed in 2019, boasts over 6,300 square feet of space, encompassing a spacious tasting room and wine production facilities. A separate storage building provides ample space for inventory management. The expansive grounds include inviting outdoor patio areas, perfect for hosting events and picnics, enhancing the customer experience and creating additional revenue streams. The property's location in Gloucester County, New Jersey, at 870 W Malaga Rd, 08094, offers excellent accessibility and visibility. The asking price is $4,950,000. A detailed equipment inventory is available upon request, providing a comprehensive overview of the included assets. This presents a rare chance to own a well-established and profitable winery with significant growth potential. The property's size and amenities offer a unique blend of business and recreational opportunities.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $185,309
    Hospitality
    $169,742
    Educational
    $141,223
    Medical
    $146,080
    Retail
    $219,681
870 Malaga Rd, Monroe, New Jersey
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Location Insight

City
Williamstown
County
Gloucester
State
New Jersey
Latitude
39.642
Longitude
-74.9785
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD 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
$26,849
$80,000
$502,000
$582,000
-
$80,000
$502,000
$582,000

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