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Property profile

3132 Black Horse Pike Monroe, NJ 08094

OFF-MARKET
Specialty properties
Property ID
US59-2739216
1,800 SF 1.7 ac lot
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Property summary

AI-generated overview

This 1.7-acre commercial property in Williamstown, New Jersey, presents a unique investment opportunity. Located at 3132 S Black Horse Pike, the property boasts 1,800 square feet of existing building space, currently zoned commercial. The existing structure, a home gutted to the studs, is ready for rehabilitation. The lot itself measures approximately 212 feet by 350 feet, providing ample space for development. The property's history includes use as a landscaping and garden center, and it already has approvals for a 40 x 60 pole barn. A storage building is also present on the site. The property includes a fully approved septic design, which will be provided by the seller. Please note that the existing home is uninhabitable. This property is ideally suited for an investor seeking a rental opportunity or a developer looking to capitalize on its commercial zoning and ample space. The asking price is $249,900. The property is located in Gloucester County, New Jersey, with a zip code of 08094. Detailed septic design documents are available upon request.

Property profile

Verified
Property type Specialty properties
Total area 1,800 SF
Lot 1.7 ac (74,052 SF)
UPID US59-2739216

Cap rate & NOI

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

Location

3132 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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