242 Possum Holw Rd Monroe Township, NJ 08831-8257
Property Lookup
Property profile & analytics
242 Possum Holw Rd Monroe Township, NJ 08831-8257
- Industrial properties
- 7,500 SF
- 6.76 lot acres
Property ID
US59-1636786
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
- Industrial properties
Property Details for 242 Possum Holw Rd
- Lot size
- 6.76 lot acres
- Property size
- 7,500 SF
- Property type
- Industrial properties
- APN
- 12 00079-0000-00001- 1
- APU
- 12000790000000011
Description
This exceptional commercial property at 242 Possum Hollow Road #A offers a unique blend of warehouse and office space, ideally situated near Exit 8A of the NJ Turnpike. The single-tenant building sits on a 6.76-acre lot and boasts a total of 5,800 square feet. The warehouse component comprises 5,000 square feet, featuring impressive 20-foot ceilings and a convenient 14-foot overhead door for easy loading and unloading. The space is climate-controlled, ensuring year-round comfort and optimal storage conditions. An 800-square-foot office area provides ample space for administrative functions, complete with a kitchenette for employee convenience. Two bathrooms are included, one in the office and one in the warehouse, enhancing functionality and privacy. The property also includes four parking spaces, providing ample parking for employees and clients. The property's strategic location near a major highway offers unparalleled accessibility and visibility, making it an ideal investment opportunity for businesses seeking a functional and well-located space. The property's single-tenant occupancy provides stability and ease of management. This is a rare opportunity to acquire a versatile and well-maintained commercial property in a high-demand location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,405,000
- 6.5%
- $1,295,000
- 7%
- $1,205,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $1,670,000 Current use
- OFFICE BUILDING
- $2,050,000 Change: +23% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $1,850,000 Change: +11% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $1,735,000 Change: +4% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Monroe Township
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.4529
- Latitude
- 40.359
- 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
$77,102
$642,200
$2,170,700
$2,812,900
-
$642,200
$2,170,700
$2,812,900
