2312 Woodbridge AveEdison, NJ 08817

  • Other commercial real estate
  • 1,530 SF
For Lease
$11.76/SF/YR View listing

Property Details for 2312 Woodbridge Ave

Year built
1927
Construction
FRAME
Lot size
0.11 AC
Property size (Sq ft)
1,530 SF
Zone code
LB
Property type
Other commercial real estate
APN
05 00372-0000-00002- 04
APU
50037200000000204

Description

This exceptional commercial land parcel, located at 2312 Woodbridge Avenue in Edison, New Jersey, presents a unique investment opportunity. The property, identified by APN 050037200000000204, is zoned LB and encompasses a sizable 1,530 square foot lot (0.115 acres). Its strategic location on a bustling main street offers unparalleled visibility and accessibility, situated directly across from a thriving strip mall, ensuring high foot traffic and excellent exposure for any business. While the property itself is vacant land, the previous structure on the site was a single-tenant, first-floor commercial space of approximately 250 square feet, featuring large windows, existing plumbing, a half bathroom, and basement storage. This suggests potential for a variety of uses, including professional offices, retail establishments, or service-oriented businesses. The property's single-story configuration and lack of parking spaces offer flexibility for development plans. This is an exceptional chance to acquire a well-positioned commercial lot in a vibrant and growing area of Edison, New Jersey, with a zip code of 08817. The property's potential is significant, making it an attractive investment for those seeking a prime location in a high-traffic area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $289,536
    Hospitality
    $265,213
    Educational
    $220,654
    Medical
    $228,243
    Retail
    $343,240
2312 Woodbridge Ave, Edison, New Jersey

Location Insight

City
Edison
County
Middlesex
State
New Jersey
Latitude
40.5023
Longitude
-74.3884
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$7,878
$70,000
$63,000
$133,000
-
$70,000
$63,000
$133,000

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