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446 Route 79
Morganville, NJ 07751
Land For Sale
·
6.02 AC
Investment Highlights
- Fully approved preliminary and final site plans for self-storage development with no pending appeals.
- Low current market saturation with a 1.2 SF/capita ratio within a three-mile trade area.
- Median household income of $190,114 within three miles, supporting strong consumer demand.
- Plans call for a two-story facility and basement level with 746 units, providing operational flexibility.
- Prominent frontage along Route 79, ensuring visibility to consistent north-south traffic.
- Easy connectivity to Route 18, Route 34, and Route 9, improving site accessibility.
Property Facts
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.02 AC |
| Property Type | Land | No. Stories | 1 |
| Property Subtype | Commercial | ||
| Zoning | C-50 - Commercial | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.02 AC |
| No. Stories | 1 |
| Zoning | C-50 - Commercial |
1 Lot Available
Lot
| Price | $2,750,000 | Lot Size | 6.02 AC |
| Price Per AC | $456,810.63 |
| Price | $2,750,000 |
| Price Per AC | $456,810.63 |
| Lot Size | 6.02 AC |
The site occupies a highly visible position along Route 79, a well-traveled north-south arterial roadway serving residential and commercial traffic throughout central Monmouth County.
Description
This ±6.02-acre parcel presents a shovel-ready opportunity for self-storage development in the high-demand Marlboro Township market. The site is fully entitled with final, non-appealable site plan approval for a two-story facility featuring 746 units across approximately 98,112 square feet of gross floor area (GFA), including a basement level. Located directly on Route 79, a heavily traveled arterial corridor connecting residential neighborhoods and commercial hubs throughout Monmouth County, the property offers exceptional exposure and visibility for future operations. Developers will benefit from a supportive market environment characterized by low saturation rates (1.2 SF per capita in a three-mile radius) and strong demographic fundamentals, including a median household income of $190,114 within three miles and a population base exceeding 136,000 within five miles. With significant frontage and convenient access to major roadways such as Route 18, Route 34, and Route 9, this property combines strategic positioning with substantial long-term growth potential.
Property Taxes
| Parcel Number | 30-00132-0000-00009 | Improvements Assessment | $140,000 |
| Land Assessment | $234,200 | Total Assessment | $374,200 |
Property Taxes
