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899 State Route 18 3,000 SF Retail Building Old Bridge, NJ 08857 $2,700,000 ($900/SF)

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Investment Highlights

High Traffic Corridor

Corner Lot

Executive Summary

FIRST TIME ON THE MARKET. This 8.01 +/- acre corner property with 800' frontage along US Route 18 South, offers tremendous opportunity for redevelopment. Currently producing rental income from long established retail business, and residential cottages.

Survey

899 NJ-18 - Google Maps

Tax lots

899 Rt 18 survey & wetlands (1)

Property Facts Under Contract

Sale Type

Investment or Owner User

Sale Condition

Redevelopment Project

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

3,000 SF

Year Built

1950

Price

$2,700,000

Price Per SF

$900

Tenancy

Single

Building Height

1 Story

Building FAR

0.01

Lot Size

8.01 AC

Zoning

R-40 - Low Density Residential

Frontage

800’ on State Roue 18 South

Corner Lot

Freeway Visibility

1 1

Map
Traffic

Somewhat walkable

30/100

Exceptionally drivable

100/100

Limited public transit

30/100

Fairly bikeable

40/100

Source: Local Logic^®

Property Taxes

Parcel Number	15-18091-0000-00001	Improvements Assessment	$162,000
Land Assessment	$202,600	Total Assessment	$364,600

Property Taxes

Parcel Number

15-18091-0000-00001

Land Assessment

$202,600

Improvements Assessment

$162,000

Total Assessment

$364,600

(800) 299-2129

Contact

Bernard Gutherz
Century 21 Action Plus Realty

Listing ID: 26690042
Date on Market: 9/22/2022
Last Updated:
Address: 899 State Route 18, Old Bridge, NJ 08857

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899 State Route 18, Old Bridge, NJ for sale Primary Photo- Image 1 of 9 — Suburban Cap

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 2 of 9 — Suburban Cap 7

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 3 of 9 — Suburban Cap6

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 4 of 9 — Suburban Cap 5

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 5 of 9 — Suburban Cap 4

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 6 of 9 — Suburban Cap 3

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 7 of 9 — Suburban Cap 2

899 State Route 18, Old Bridge, NJ for sale Building Photo- Image 8 of 9 — R-40 zoning

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899 State Route 18

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