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Property profile

1394 Black Horse Pike Monroe, NJ 08094

OFF-MARKET
Office Spaces
Property ID
US59-0647592
1,837 SF 0.33 ac lot Built 1940
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Property summary

AI-generated overview

This meticulously renovated 1,837 sq ft Class B office building in Monroe Township, NJ, presents a unique owner-user opportunity. Boasting 163 feet of frontage on the highly visible Black Horse Pike (Route 322), this single-unit property offers exceptional visibility and accessibility. Completely renovated in 2023, the building features a new roof, siding, windows, drywall, flooring, electrical system, and HVAC. The interior includes an inviting foyer, a spacious conference room, a private office, and a bathroom. Upstairs, ample storage is provided by a large storage room and an additional room suitable for office space or extra storage. A basement adds further utility. The property sits on a 0.33-acre lot and is connected to public water, while also featuring an on-site septic system (last replaced approximately 13 years ago). The permitted zoning is C. This fee-simple property is priced at $299,890 ($163.25/sq ft) and is ideal for a business seeking a high-profile location with modern amenities. Please note that any inquiries regarding permitted uses should be directed to the township.

Property profile

Verified
Property type Office Spaces
Year built 1940
Total area 1,837 SF
Lot 0.33 ac (14,375 SF)
UPID US59-0647592

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1394 Black Horse Pike Monroe, NJ 08094
Monroe metro
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Value estimations

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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
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