For Sale
$1,400,000

22A Joyce Kilmer Ave New Brunswick, NJ 08901

Mixed-use building, high redevelopment potential

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional New Brunswick, NJ investment property, located at 22A & 24A Joyce Kilmer Avenue, presents a compelling opportunity for savvy investors. The property encompasses a combined 3,753 square feet and sits on a 0.09-acre corner lot at a signalized intersection, maximizing visibility and accessibility. The zoning designation is C-4, allowing for a diverse range of commercial uses, including retail, personal service businesses, restaurants, offices, and medical care centers and clinics. This flexibility makes it ideal for redevelopment or adaptive reuse. Currently configured as a mixed-use building featuring approximately 1,788 square feet of retail/mixed-use space and a separate 1,954 square foot two-family house, the property offers immediate income potential while presenting significant upside through strategic repositioning. Its prime location near the Helix (the Health & Life Science Exchange) and Rutgers School of Nursing ensures high foot traffic and a strong tenant pool. The property's 2024 property tax assessment is $17,856. This is a rare chance to acquire a well-situated, versatile property in a thriving New Jersey market with significant growth potential. The asking price for this exceptional investment is $1,400,000. Don't miss this chance to capitalize on this dynamic location and flexible zoning.

Highlights

  • Redevelopment opportunity.
  • C-4 zoning allows retail, personal services, restaurants, offices, and medical uses.
  • Prime location near the Helix and Rutgers School of Nursing.
  • Corner lot at a signalized intersection.
  • 2024 property taxes: $17,856.

Property Details for 22A Joyce Kilmer Ave

Property type
Office properties, Apartment buildings
Square Feet
3,753 SF
Class
C
Lot Size (sq. ft)
3,920 SF

Location Insight

City
New Brunswick
County
Middlesex
State
New Jersey
Latitude
40.4807263
Longitude
-74.4603003

FAQs

What type of property is this?
Office property - Mixed-use building, high redevelopment potential
Where is the office property located?
The property is located at 22A Joyce Kilmer Ave New Brunswick, NJ.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Redevelopment opportunity.; C-4 zoning allows retail, personal services, restaurants, offices, and medical uses.; Prime location near the Helix and Rutgers School of Nursing.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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22A Joyce Kilmer Ave
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