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Redevelopment Opportunity in Vernon 2 Specialty Properties in Vernon, NJ


Investment Highlights
- Assemblage of 224 and 226 Route 94 offered for commercial redevelopment in Vernon, New Jersey.
- Situated within the C-3 zoning district, supporting a range of commercial development opportunities.
- Existing month-to-month residential tenancy may provide interim income during entitlement and planning efforts.
- Located along State Route 94 with direct frontage and visibility on a primary regional corridor.
- Redevelopment-focused offering positioned for its highest and best use under current C-3 zoning.
- Opportunity to control a multi-parcel commercial site in an established Route 94 commercial corridor.
Executive Summary
This property assemblage is on state rt 94 in Vernon is in the C3 zone. This assemblage is being sold as a commercial redevelopment site for C3 zone use which is the highest and best use of the property.
The existing tenant residential use is pre existing and nonconforming.
The only value in the existing mos to mos residential tenancy is in the possibility for the developer to offset the property carrying cost while working through the approval process.
The existing tenant residential use is pre existing and nonconforming.
The only value in the existing mos to mos residential tenancy is in the possibility for the developer to offset the property carrying cost while working through the approval process.
Property Facts
| Sale Conditions | Individually For Sale | 0 | |
| Sale Type | Investment | Total Building Size | 4,342 SF |
| Status | Active | Total Land Area | 1.74 AC |
| Number of Properties | 2 |
| Sale Conditions | |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 4,342 SF |
| Total Land Area | 1.74 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
SFR
224 Route 94, Vernon, NJ 07462 |
Specialty | 2,287 SF | 1948 | - |
| 226 NJ-94 Rt, Vernon, NJ 07462 | Specialty | 2,055 SF | 1950 | - |
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Redevelopment Opportunity in Vernon
