250 Park AveScotch Plains, NJ 07076

Property Details for 250 Park Ave

Year built

1982

Construction

BRICK

Lot size

5.55 AC

Zone code

B-2

Property type

Commercial real estate

APN

16 00803-0000-00001

APU

1600803000000001

Description

This exceptional 6,000 square foot retail pad site at 250 Park Avenue in Scotch Plains, New Jersey, presents a unique redevelopment opportunity. Located on Route 22, a primary retail corridor in the Watchung/Scotch Plains trade area, this single-tenant property enjoys unparalleled visibility and accessibility. The site benefits from exceptional traffic counts exceeding 52,000 vehicles daily on Route 22 and approximately 25,000 vehicles daily on Park Avenue, providing significant exposure to both local and regional traffic. Its strategic location offers convenient access to I-78 and downtown Scotch Plains, enhancing its appeal to a wide range of businesses. This is one of the last remaining development sites available on Route 22 in this highly sought-after area, making it a truly rare opportunity to secure a prominent retail location in the bustling Watchung/Scotch Plains market. The property is situated in Union County, New Jersey, with a zip code of 07076. The property is currently vacant, offering complete flexibility for future development or tenant improvements. This prime location and high traffic volume make this property an ideal investment for businesses seeking maximum visibility and accessibility.

• Alternative Use

  Use

  Valuation

  Residential

  $45,725,280

  Hospitality

  $41,884,108

  Educational

  $34,847,088

  Medical

  $36,045,532

  Retail

  $54,206,580

Location Insight

City

Scotch Plains

County

Union

State

New Jersey

Latitude

40.6524

Longitude

-74.4027

CBSA code

35620

CBSA name

NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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