537 Englishtown Rd, Monroe Township, NJ 08831
Exceptional opportunity to acquire a versatile 2-acre commercial property at 537 Englishtown Road, Monroe Township, NJ 08831. This unique offering boasts a 1,448 square foot, two-story building constructed in 1985, featuring a 2-bedroom, 1.5-bathroom energy-efficient home, ideal for a live-work arrangement or separate office space. The property includes approximately half an acre of paved area, providing ample parking, storage, and potential for additional income-generating uses. Included in the sale are two sea containers, three 45-foot trailers with shelving, and truck bodies currently occupied by tenants. The property benefits from two driveways and over 150 feet of frontage on a county road. The outdoor work area is equipped with 200-amp secondary electrical service and a steel roof. The expansive 87,120 square foot lot presents significant development potential. The current owners have operated a successful business here for over 40 years and are now seeking retirement. This property offers a rare blend of residential comfort and commercial viability, making it an ideal investment for a wide range of business ventures. The asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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