500 North AveGarwood, NJ 07027

Property Details for 500 North Ave

Year built

2007

Lot size

1.81 AC

Property type

Commercial real estate

Description

This exceptional commercial property, located at 500 NORTH AVE Unit 508 in Garwood, NJ, presents a unique investment opportunity. Boasting a 1.81-acre lot, this general commercial space benefits from a premium location anchored by 59 residential units and enjoys excellent visibility and robust traffic, with a daily volume of 18,461 vehicles passing by. The property's strategic position across the street from a ShopRite supermarket ensures consistent foot traffic and exposure to a large customer base. The surrounding area is characterized by strong demographics, with a population of 390,000 residents and a median household income of $93,000 within a 5-mile radius. This affluent demographic is further supported by the presence of numerous national brands in close proximity, including Orangetheory Fitness and Massage Envy, indicating a thriving and desirable community. The property's convenient location, steps away from the Garwood Train Station and in close proximity to major transportation arteries such as the NJ Turnpike and the Garden State Parkway, provides unparalleled accessibility for both employees and customers. This combination of high visibility, strong demographics, convenient location, and proximity to established businesses makes this property an ideal investment for a variety of commercial ventures. The property is currently listed at a price to be determined. Serious inquiries are encouraged.

Location Insight

City

Garwood

County

Union

State

New Jersey

Latitude

40.653

Longitude

-74.3299

FAQs

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