564 Morristown Rd Matawan, NJ 07747
- Commercial real estate
- 5.81 lot acres
Current Use by Public Records
- Water Damage Wizards / Water Damage Restoration Service
Property Details for 564 Morristown Rd
- Lot size
- 5.81 lot acres
- Property type
- Commercial real estate
- APN
- 15 03230-0000-00042
Description
This exceptional 5.81-acre commercial and industrial land parcel presents a compelling investment opportunity in Matawan, New Jersey. Located at 564 Morristown Road, the property boasts an advantageous OG1 zoning designation within an Economic Development Opportunity District, offering significant development potential. The expansive lot size allows for the construction of a substantial building, up to 78,000 square feet, making it suitable for a diverse range of uses including flex-space warehouse, office space, or retail establishments. Its prime location provides unparalleled accessibility, situated mere seconds from Route 34, a short 18-minute drive from the bus station, a convenient 5-minute drive from the train station, and within a 37-minute commute of Newark Airport. The property's Assessed Parcel Number (APN) is 15 03230-0000-00042. This offering is priced at $2,500,000. Prospective buyers are advised to conduct their own due diligence to verify all information and assess the suitability of the property for their intended use. The property is situated in Middlesex County, New Jersey, with a zip code of 07747. The coordinates are 40.4252928 latitude and -74.2695169 longitude.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Matawan
- County
- Middlesex
- State
- New Jersey
- Longitude
- -74.2695169
- Latitude
- 40.4252928
