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101 & 103 Main St 1.36 Acres of Commercial Land Offered at $350,000 in Readington, NJ 08889
INVESTMENT HIGHLIGHTS
- At Rt 22 intersection with stop light.
- + 300' Main Street frontage, across from a retail mall.
EXECUTIVE SUMMARY
PROPERTY IS ZONED HIGHWAY BUSINESS AND NEW USES WERE ADDED
Adult and child day care centers, Agriculture/Farm market, Alcohol facility, Animal hospital. Arts, Assisted Living, Banks, Health / Sports Clubs, Offices, Medical, Retail, Residential apartments above non-residential use. Restaurants including fast food, sheltered workshop.
Adult and child day care centers, Agriculture/Farm market, Alcohol facility, Animal hospital. Arts, Assisted Living, Banks, Health / Sports Clubs, Offices, Medical, Retail, Residential apartments above non-residential use. Restaurants including fast food, sheltered workshop.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$16,150
|
$11,875.00
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,150
|
$11,875.00
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025)
| Taxes | |
|---|---|
| Annual | $16,150 |
| Annual Per AC | $11,875.00 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $16,150 |
| Annual Per AC | $11,875.00 |
PROPERTY FACTS Under Contract
| Price | $350,000 | Property Subtype | Commercial |
| Sale Type | Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.36 AC |
| Property Type | Land | ||
| Zoning | BUSINESS - Highway business | ||
| Price | $350,000 |
| Sale Type | Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.36 AC |
| Zoning | BUSINESS - Highway business |
1 LOT AVAILABLE
Lot 10
| Price | $350,000 | Lot Size | 1.36 AC |
| Price Per AC | $257,352.94 |
| Price | $350,000 |
| Price Per AC | $257,352.94 |
| Lot Size | 1.36 AC |
2 lots(formerly 10 & 13) combined into one 1.36 parcel Property fronts on Rt 22 and 523, +300' frontage. 3/4 mile from Rt78 . Attached PEEK report is for one of the two lots. DOT 2018 traffic counts on Rt 523 +11,000, significantly higher on Rt 22.
DESCRIPTION
PROPERTY ZONE B + 300' of frontage on Main Street, at a Rt 22 traffic signal, across the street from a retail mall. DIRECTLY OFF ROUTE 22 WITH SMALL FRONTAGE ON THE HIGHWAY BLOCK: 24 LOTS: 10 & 13
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101 & 103 Main St
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