$2,950,000
85 Butcher RD Monroe, NJ 08831
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$2,950,000
Est. payment /mo
1,064 SqFt
Under Contract
85 Butcher RD Monroe, NJ 08831
UPDATED:
10/24/2024 04:04 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Under Contract
Purchase Type For Sale
Square Footage 1,064 sqft
Price per Sqft $2,772
MLS Listing ID 2404555R
Originating Board CJMLS API
Year Built 1934
Annual Tax Amount $9,026
Tax Year 2022
Lot Size 5.000 Acres
Acres 5.0
Lot Dimensions 0.00 x 0.00
Property Description
FOR SALE: 6.4 Acres of Commercially Zoned Land The property is being listed for the first time and presents a tremendous opportunity for development or for an end user. Located at the intersection of Route 33 and Applegarth/ Butcher Rd in the Township of Monroe, the property has quick and easy access to the NJTP Exit 8, Routes 130 & 9, NYC, Philadelphia or the Jersey Shore. The Route 33 Corridor is experiencing massive expansion and development with the addition of numerous large scale industrial distribution warehouses, multi-family and one family developments, as well as the supportive retail up and down the highway. There is a brand new Wawa and Quick Check located at the lighted intersection of Butcher and Applegarth as well as new multi-family developments. The zoning of the property is the H-D Highway Development District, which is one of the most expansive and permissible zones in all of central New Jersey. The zone permits a range of uses such as: Business and Professional Offices, Theaters, Shopping Centers, New Auto Sales and Showroom, Machinery or Equipment Sale & Repair, Wholesale, Distributive and Storage Businesses, Data Processing, Restaurants, Medical Offices and Labs, Banks, Hotels or Motels, and Limited Development Parks. The property is mostly cleared and is level and dry (buyer to determine wetlands). It comprises two lots- a 1.4 Acre Parcel and a 5 Acre Parcel with 650' of Frontage on Butcher Rd that will be sold as a package. There are currently two residential homes on the property as well as several storage buildings. The Property is most ideal for the following uses: Large scale distribution warehouse for the enclosed storage of products. The property is anticipated to support a 200,000 SF warehouse (subject to further evaluation by the buyer) Commercial Contractors looking to Construct a Smaller Warehouse for the Storage of Equipment, Vehicles or Supplies with outdoor parking of Equipment and Vehicles. Anyone looking to build a large residential home and operate their business at the same property. Medical Office Building Hotel or Motel, Commercial Recreation Center (tennis, swim, pickle ball, badminton, etc.) Developers or End Users Real Estate Taxes: $17,642 (both lots) Asking Price: $2,950,000 (both lots) Please call for more information or to schedule a showing.
Location
State NJ
County Middlesex
Zoning HD
Interior
Heating See Remarks
Cooling See Remarks
Flooring See Remarks
Heat Source Natural Gas
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type See Remarks
Total Parking Spaces 10
Building
Lot Description See Remarks
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 1200003000000033
Energy Description Natural Gas
Listed by DAVIS REALTORS
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