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176 State Rte 173 Asbury NJ Hunterdon County 176 State Route 173 14,000 SF 100% Leased Retail Building Asbury, NJ 08802 $2,200,000 ($157.14/SF)
Investment Highlights
- Located at Exit 11 Route 78 West
- 11.2 Acres with Potential for Redevelopment
Executive Summary
The 11.2-acre property with a 14,000 SF building at 176 Route 173 offers a high-potential development or adaptive reuse opportunity in Hunterdon County. The substantial acreage compared to building footprint suggests potential for expansion or redevelopment. Its location on a major corridor provides excellent visibility, though site-specific due diligence regarding zoning, wetlands, and access is essential for assessing investment viability.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
14,000 SF
Building Class
C
Year Built
1976
Price
$2,200,000
Price Per SF
$157.14
Percent Leased
100%
Building Height
1 Story
Building FAR
0.03
Lot Size
10.86 AC
Zoning
PC & CM - Planned Commercial Zone includes a variety of commercial uses
Parking
86 Spaces (6.14 Spaces per 1,000 SF Leased)
Frontage
288’ on New Jersey 173
Amenities
- Corner Lot
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 25-00004-0000-00002 | Improvements Assessment | $645,100 |
| Land Assessment | $400,000 | Total Assessment | $1,045,100 |
Property Taxes
Parcel Number
25-00004-0000-00002
Land Assessment
$400,000
Improvements Assessment
$645,100
Total Assessment
$1,045,100
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176 State Rte 173 Asbury NJ Hunterdon County | 176 State Route 173
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