85 Butcher RD Under Contract

Monroe,NJ 08831

$ 2950000

- Bed

0 Bath

1064 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Under Contract

Purchase Type For Sale

Square Footage 1,064 sqft

Price per Sqft $2,772

MLS Listing ID 2404555R

Originating Board CJMLS API

Year Built 1934

Annual Tax Amount $9,026

Tax Year 2022

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 0.00 x 0.00

Property Description

FOR SALE: 6.4 Acres of Commercially Zoned Land The property is being listed for the first time and presents a tremendous opportunity for development or for an end user. Located at the intersection of Route 33 and Applegarth/ Butcher Rd in the Township of Monroe, the property has quick and easy access to the NJTP Exit 8, Routes 130 & 9, NYC, Philadelphia or the Jersey Shore. The Route 33 Corridor is experiencing massive expansion and development with the addition of numerous large scale industrial distribution warehouses, multi-family and one family developments, as well as the supportive retail up and down the highway. There is a brand new Wawa and Quick Check located at the lighted intersection of Butcher and Applegarth as well as new multi-family developments. The zoning of the property is the H-D Highway Development District, which is one of the most expansive and permissible zones in all of central New Jersey. The zone permits a range of uses such as: Business and Professional Offices, Theaters, Shopping Centers, New Auto Sales and Showroom, Machinery or Equipment Sale & Repair, Wholesale, Distributive and Storage Businesses, Data Processing, Restaurants, Medical Offices and Labs, Banks, Hotels or Motels, and Limited Development Parks. The property is mostly cleared and is level and dry (buyer to determine wetlands). It comprises two lots- a 1.4 Acre Parcel and a 5 Acre Parcel with 650' of Frontage on Butcher Rd that will be sold as a package. There are currently two residential homes on the property as well as several storage buildings. The Property is most ideal for the following uses: Large scale distribution warehouse for the enclosed storage of products. The property is anticipated to support a 200,000 SF warehouse (subject to further evaluation by the buyer) Commercial Contractors looking to Construct a Smaller Warehouse for the Storage of Equipment, Vehicles or Supplies with outdoor parking of Equipment and Vehicles. Anyone looking to build a large residential home and operate their business at the same property. Medical Office Building Hotel or Motel, Commercial Recreation Center (tennis, swim, pickle ball, badminton, etc.) Developers or End Users Real Estate Taxes: $17,642 (both lots) Asking Price: $2,950,000 (both lots) Please call for more information or to schedule a showing.

Location

State NJ

County Middlesex

Zoning HD

Interior

Heating See Remarks

Cooling See Remarks

Flooring See Remarks

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Roof Type See Remarks

Total Parking Spaces 10

Building

Lot Description See Remarks

Story 1

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 1200003000000033

Energy Description Natural Gas

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