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1881 Route 88 1.7 Acres of Commercial Land in Brick, NJ 08724
Investment Highlights
- Prime 1.7-acre site on Route 88 with 20,318 vehicles per day.
- Existing car wash provides rental income during redevelopment planning.
- Convenient access to Route 70 and major retail destinations including Laurel Square.
- Located across from a top-ranked Walmart and near major retailers like Walgreens and Wawa.
- Dense trade area with over 213,000 residents within 5 miles and strong household incomes.
Executive Summary
Route 88 is a widely traveled main thoroughfare in Brick with a traffic count of 20,318 cars per day.
Taxes are approx. $16,000 per year, and there is a rental income currently from the car wash.
Property Facts Under Contract
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Retail |
| Property Type | Land | Total Lot Size | 1.70 AC |
| Zoning | B2 | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 1.70 AC |
| Zoning | B2 |
1 Lot Available
Lot
| Lot Size | 1.70 AC |
| Lot Size | 1.70 AC |
Description
This 1.7-acre property offers a prime redevelopment or owner-user opportunity along Route 88, one of Brick’s most heavily traveled corridors with an average daily traffic count of 20,318 vehicles. Positioned directly across from a high-performing Walmart, ranked #6 in New Jersey, the site benefits from exceptional visibility and strong consumer draw. The property currently includes a car wash generating rental income and a vacant retail building, providing immediate revenue potential while planning future use. The location is surrounded by major national retailers, including Walgreens, Wawa, Home Depot, and Dunkin’, creating a robust retail trade area. With easy access to Route 70 and proximity to Laurel Square Shopping Center, the site is well-suited for a variety of uses such as quick-service restaurants, automotive services, or retail redevelopment. Demographics within a 3-mile radius include a population of over 85,000 and an average household income exceeding $129,000, ensuring a strong customer base. Taxes are approximately $16,000 annually. This property represents a rare chance to secure a high-visibility parcel in a thriving commercial corridor with strong traffic counts and excellent co-tenancy.
Property Taxes
| Parcel Number | 07-00869-0000-00003 | Improvements Assessment | $249,700 |
| Land Assessment | $348,500 | Total Assessment | $598,200 |
Property Taxes
Presented by
1881 Route 88
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