2299 Fries Mill Rd Monroe, NJ 08094
Property profile & analytics
2299 Fries Mill Rd Monroe, NJ 08094
- Commercial real estate
- 3,109 SF
- 0.92 lot acres
Property ID
US59-1261602
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
- Commercial real estate
Property Details for 2299 Fries Mill Rd
- Year built
- 1900
- Construction
- BRICK
- Lot size
- 0.92 lot acres
- Property size
- 3,109 SF
- Property type
- Commercial real estate
- APN
- 11 15001-0000-00005- 01
- APU
- 111500100000000501
Description
This exceptional 23.9-acre parcel presents a unique opportunity for retail development in Monroe, New Jersey. Strategically located on the southwest corner of Route 322 and Fries Mill Road, this property boasts high visibility and accessibility. The site is divisible into lots ranging from one to seven acres, offering flexibility for various retail concepts. Currently vacant, this land is ideal for ground lease or purchase options. New intersection improvements are underway, further enhancing accessibility and visibility. The property's designation as a "Need of Redevelopment" area opens the door to potential tax abatements, making this an even more attractive investment. The site's significant advantage is its proximity to substantial new residential developments, ensuring a strong and growing customer base. With lot sizes ranging from one to seven acres, and a total acreage of approximately 23.9 acres, this property offers a compelling opportunity for developers seeking a prime location in a thriving market. The flexible lot sizes allow for a variety of development scenarios, from single-tenant buildings to multi-tenant shopping centers. The potential for tax abatements further enhances the financial attractiveness of this development opportunity. This is a rare chance to secure a prominent retail location in a rapidly growing area of Gloucester County.
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
- Williamstown
- County
- Gloucester
- State
- New Jersey
- Longitude
- -75.0527
- Latitude
- 39.6944
- 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
$11,541
$91,800
$227,200
$319,000
-
$91,800
$227,200
$319,000
