18 Morris Tpke Summit, NJ 07901-4036
Property profile & analytics
18 Morris Tpke Summit, NJ 07901-4036
- Commercial real estate
- 2,052 SF
- 0.10 lot acres
Property ID
US59-0938397
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.
Location Intelligence
Current Use by Public Records
- M AND A BP / Gas Station
- M & A Repair LLC / Auto Repair Shop
Property Details for 18 Morris Tpke
- Year built
- 1954
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.10 lot acres
- Property size
- 2,052 SF
- Zone code
- B
- Property type
- Commercial real estate
- APN
- 18 03803-0000-00001
- APU
- 1803803000000001
Description
This exceptional 800-square-foot freestanding retail space presents a unique opportunity for a single-tenant business in the vibrant Summit, New Jersey market. Located at 18 Morris Turnpike, this property boasts a prime location with high visibility and excellent accessibility. The building is currently vacant and ready for immediate occupancy, offering a blank canvas for your business vision. The 0.1-acre lot provides ample space for customer parking, with four spaces conveniently available. The property's classification as a proposed pad site and redevelopment opportunity suggests potential for future expansion or customization to meet specific business needs. Situated in Union County, this location benefits from a strong local economy and a dense population base, ensuring high foot traffic and potential customer reach. The single-tenant occupancy ensures complete control and flexibility for the lessee. This is an ideal space for a variety of retail businesses seeking a high-profile location in a thriving community. The address is 18 Morris Turnpike, Summit, NJ 07901. This property offers a rare combination of size, location, and potential, making it an exceptional investment opportunity for discerning businesses. The property is easily accessible from major roadways, ensuring convenient access for both customers and employees. Don't miss this chance to establish your business in a highly desirable location.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Summit
- County
- Union
- State
- New Jersey
- Longitude
- -74.3339
- Latitude
- 40.7208
- 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
$9,932
$130,500
$101,400
$231,900
-
$130,500
$101,400
$231,900
