Property profile

453 Plainfield Ave Edison, NJ 08817

OFF-MARKET
Land
Property ID
US59-0683819
3.59 ac lot
Entity Owned 4-yr Hold
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Property summary

AI-generated overview

This exceptional 3.59-acre commercial land parcel presents a rare development opportunity in the thriving Edison/Piscataway, New Jersey market. Located at 453 Plainfield Avenue, this property enjoys a highly visible position at a traffic-controlled intersection, ensuring maximum exposure for any future development. Plainfield Avenue serves as a primary commercial corridor, strategically connecting Interstate 287 to Route 1, providing unparalleled access and connectivity. The site's location within Middlesex County, specifically in the 08817 zip code, offers easy access to a robust transportation network and a dense population base. This is one of the last remaining undeveloped commercial properties on Plainfield Avenue/Stilton Road, making it a truly unique investment prospect. The property's size and location make it ideal for a variety of commercial uses, offering significant potential for substantial returns. Its accessibility and visibility are key advantages in a competitive market. Don't miss this chance to acquire a premier commercial land parcel in a high-growth area of New Jersey. The property is situated at 40.5221487 latitude and -74.413299 longitude.

Property profile

Verified
Property type Land
Lot 3.59 ac (156,380 SF)
UPID US59-0683819

Cap rate & NOI

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

Location

453 Plainfield Ave Edison, NJ 08817
Edison metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

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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