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    OFF-MARKET
    Commercial real estate

    5 Union Hill Rd, Monroe Township, NJ 08831

    1,292 SF Built 1953
    Property ID
    US59-0489917
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 5 Union Hill Road in Monroe Township, New Jersey (08831), presents a unique investment opportunity. Priced at $349,000, this 1,292 square foot building sits on a 0.6-acre lot and offers a versatile space ideal for a variety of businesses. Built in 1953, the two-story structure boasts ample room for various configurations. The interior includes space for four or five offices, a conference area, a kitchen, and one and a half bathrooms. A sizable basement provides excellent storage. The property's zoning allows for a wide range of uses, including retail, office space, restaurants, barber/beauty shops, tailor shops, and minor repair operations for electrical or television services. Parking and loading facilities are also accommodated. Its strategic location near major roadways – Routes 527, 9, and 18 – ensures excellent accessibility and high visibility. This is a rare chance to own a well-situated commercial property in a thriving New Jersey community, eliminating the ongoing costs associated with renting. Don't miss this opportunity to establish or expand your business in a prime location.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1953
    Total area 1,292 SF
    UPID US59-0489917
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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